What would you do in my shoes?

[Todd Redden]

Hey everyone, I’m just getting started and I already have a single family home in Syracuse NY where I grew up. I’m profiting a little more that 300 a month and would like to invest in a second property. I have a full time career working for a major airline which allows me to fly for free anyplace in the world and because of this, I would like to look into more profitable areas. I already have about 30k saved up for a down payment. I’m stuck on where I should invest next, and because it will in a place I’m not familiar with I want to make sure I’m know what I’m getting myself into. Also, because I won’t be in the area, I was wondering about management companies. Does anyone have any experience with a situation similar to mine or have any good advice you could share?

[Ryan Substad]

@Todd Redden have you read the book Long Distance Real Estate Investing by David Greene? That would probably be a good place to start. That book will help you set up a good "boots on the ground" team. Hope that helps.