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Starting Out - Single Family Purchased, When To Purchase The Next?
Hello All,
I am new to the forum site, I came across while I was researching tips for real estate investing.
I recently purchased my first single family home and what a great feeling that was. I wasn't planning on flipping anytime soon, because my family and I scored a great deal and fits our criteria / location desire.
Although now I looking to purchase another property, real estate is where I wanted to invest for the past 2-3 years, but didn't know how to make that initial move.
I work full time as a Operations Manager and a semester away from college graduation, so I'm pretty busy and from what I read investing in real estate becomes a full-time job.
Any advise would help, should I search for "multi-families" or "flips"? I was thinking more along the line of multi-families so I can collect recurring revenue as long as the property is being rented.
Thank you and hope to hear back!