Advise in rental properties

[Quindarrius Davis]

I’m looking to start in real estate investing. I plan to start in the rental property niche. Just looking for any advise from experienced investors on how to get started. I been reading books on the subject but I know that reading alone will not get me toward my goal.

[Teresa F.]

Hi @Quindarrius Davis .  I would suggest visiting a local real estate investors group or meet up.  It is always good to talk with like-minded individuals.   I am a buy and hold investor and think the rental property niche is great!  Drive around some areas and get to know neighborhoods.  Homesnap is an app you can use to learn what properties are for sale in an area.  It will also pull up listings so you can learn more.  You may also want to talk with real estate agents and ask if they will send you listings (once you find an area you like).  If you need to borrow money to purchase a property, then you want to start talking with mortgage brokers to see what lending options are available.  Hard money is typically short-term so if you can avoid using it, do.   Be sure to look at rental rates, maybe even attend a landlord training at a local housing office.  Good luck!  I hear Opelika is beautiful.  Teresa