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Updated almost 4 years ago,
Looking to start investing on rentals... any thoughts?
Hello to the BP community. I have been so impressed by many of you that have simply given back to the community with great guidance and worth a lot! Looking for your guidance once more on a simple topic: Where should I invest (markets) or should I hold? I am looking to BRRRR or simply buy and rent with a high cap rate.
A) Any suggestions which markets have the best opportunities? Looking to buy a couple of properties with the goal of increased cashflow, high cap rate, etc.
B) I have heard from some of you to hold for a few months as inventory is likely going to start opening up due to foreclosures/shortsales, gov restrictions on evictions, etc. Should I hold or should I continue with A)? Looking for your hones opinion.
Thank you very Much!