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Updated over 10 years ago on . Most recent reply

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Stephen Brush
  • Fairfax, VA
0
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looking to buy in 2015

Stephen Brush
  • Fairfax, VA
Posted

Little about me I'm 26 I work overseas as a contractor. Been around the states and have an idea I want to invest in. I have a 100k but I only want to spend 40-60k in cash on either an apartment or a duplex. Considering my limited options I been looking at places near universities in states like florida.

I know its been said that you should only invest in the area you live or know very well. I believe if you set a good price and place near a university you can get a good thing going. I work overseas and I will be in and out of the country 28 days out of the year. So my plan was to hire a management company to keep up with every thing and also a lawyer to keep myself safe from getting sued from a bad tenant.

I understand when looking at house you should have it inspected etc. Can anyone else who rents out duplex's and apartments share some insight about what I'm missing or what else I should be looking at? Thank you.

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