Starting out

[Michael Roberts]

New to BP and new to investing. Live in Maryland and am looking to buy my first property.

My problem is that I am finding myself going in too many directions at once.... looking in several different markets, etc....

I am looking more for a turnkey property, no time or knowledge to do the rehab myself. Looking for reputable, quality property mgmt.

I have looked at Norada, Equity First, Memphis, Texas, as well as some of the other well placed turkey companies via google search.

I know I have to reign it in and get focused on one area, etc.....

Looking for guidance on good turnkey companies and advice on type of property (condo, single family, etc)

I have 10-20k that I have liquid to move into a deal. Looking to buy and hold long term.

I appreciate all information shared.

Thanks

[Steve Endress]

@Michael Roberts

I've got some experience in some good cashflowing, buy-and-hold (Ie landlord-friendly, good economies) markets. Read my profile. With 20K to invest, that will get you one A property with financing. You might consider private lending if you have a good W2 income to pay it back. I have decided to go this route--borrow a bunch of money now, invest in properties, then pay it back over next five years. Would be glad to chat further with you about your strategy.