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Updated almost 8 years ago,
Looking to research first REI property
Hi BP,
I am completely new to REI, but have been reading the BP blogs, discussion boards and listening to the podcasts for the past few weeks. A lot of good information and am very excited about REI and what it has to offer. At least to start off with, I am looking for some advice on what next steps to take in researching into the first REI property. I've narrowed down my niche to single family homes or small multi units (2-4). The strategy i like the most is to buy and hold and rent (and likely renovate in the long run). Mainly looking for turnkey type properties. Will likely use a PM, which I know I will have to vet and vet and vet.
I know there will have to be a lot of researching, vetting and so on. Can you guys suggest some good resources for finding properties, realtors, and PMs? I am most likely looking to invest out-of-state.
Thanks!
Ps any other suggestions/advice in starting off this very exciting journey would be appreciated!