How can I find good profitable criteria in my market?

[Roy Jeong]

Hello,

I'm 22 years old and I want to get into real estate investing. I'm looking into monthly passive income through rental properties but I have absolutely no idea how to figure out what criteria will be profitable in my market. What should I do? 

Thanks for your input

Best,

Roy

[Alex Deacon]

@Roy Jeong Sounds like you are very new given your question and age. Take it slow. Get to know your market and others in your market like investors, agents, property managers etc... Before you can make any decisions you are in the educate yourself stage not the act stage. I would take at least a year and start there. One way to limit risk would be to buy a duplex, live in half and rent the other side as your first purchase. Here in Pittsburgh you can buy real estate reasonably priced or at least for now. prices are starting to go up. I help a lot of out of state and out of country investors buy here in Pittsburgh because the entry point in other areas of the country is so high that they dont have the resources to buy there or grow a significant portfolio.

Best of Luck to you