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Updated almost 8 years ago,
Newb from Auburn, WA
Hello! My husband and I have been reading blogs and articles about investing in rental properties, and we're also being mentored by a family friend with lots of experience. Our only experience in real estate at this point is buying our home and we are ready to invest in our first rental property, looking at duplexes. Our plan is to live in one side of the duplex, rent out the other side, and rent out the home we're living in currently. Then as soon as we're able to, buy another duplex and do it all over again.
We'd love any advice relevant to that, as well as how to find a good team (agent, contractor, property manager, etc). For example, if we're looking in multiple cities that are hours away from us, should we contact a realtor in each city? How does that all work?
Thank you!