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Updated about 4 years ago on . Most recent reply
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getting started with real estate
I'm new to the Phoenix area in the military and I'm ready to invest or help others any advice for a young man would be great !!
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@Stephen Richardson - hey there! if you want to get into rentals down the road, a good place to start is house hacking. You'll not only learn how to screen and place tenants, but you'll learn the ins and outs of landlording, routine maintenance, hiring & screening contractors/handymen, and dealing with disasters. I recommend renting by the room. By the way, you'll be putting rent savings into your pocket for your next deal ;)
Your ability to be living IN the deal on your first deal provides an invaluable opportunity to learn and grow. I highly recommend house hacking your first deal before you get to the point of not wanting roommates! Message me if you have any questions. I'm a Realtor here in denver, and I work with tons of investors in your shoes -- I'd be happy to have a conversation!