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Updated over 5 years ago,
Advice for a Newbie Interested in Rentals
Hello everybody, like my title states, I am a newbie when it comes to real estate. I have invested into a few raw land properties and sold them. It took a bit of patience but thankfully they worked out. It's not my interest of choice, I did it thinking I'd get "quick cash" and for the most part I did but I ran into a couple of issues. Anyway, I would like to get into rental properties but my question to anyone who is kind enough to tell me is, where did you begin? It's simple to say "do research" but how exactly does one start? For example, I bought a property really cheap and later I found out, it had taxes owed. Before I knew it, I ended up paying triple in debt I never even created. So my question is, how can a person do research the "right" way in order to avoid an incident like mine? I'm taking baby steps so please take it easy on me 🙂