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Updated over 9 years ago on . Most recent reply

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18
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Munira Hassan
  • Minneapolis, MN
0
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18
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Looking for my first Rental Property.

Munira Hassan
  • Minneapolis, MN
Posted

I've watched the step by step guide to obtaining your first rental property on Bigger Pockets. I've read the Ultimate Beginners Guide. I've been going to local events in my city on real estate investing. I've actually watched almost all the podcasts on Bigger Pockets and been absorbing all the information I could get my hands on. I couldn't find a mentor I could sit down with and learn from. So I've been using the forums on Bigger Pockets to ask my questions and receive feedback.

I'm in the process of looking for a Single Family Home in Minneapolis or surrounding cities. I'm only approved for a small loan so for now my primary focus is on single family homes. I plan on upgrading a year and a half from now to duplexes. 

My question is what were some of your due diligence prior to purchasing the home. What do you look for in a potential rental property (Single family). I know the math is the most important and having inspectors look at the property. Making sure it passes inspection. But any other advice you might share would be amazing. 

Thanks for taking the time to read this long letter. 

Munira :-)

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