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Updated about 1 year ago,
Any Tips on Buying My First Property?
Hello Friends,
I am a very new and motivated player to the Real Estate investment world and ready to buy my first rental property. While I am still working on my end goals, some of the concrete ones :
1. Will start with a single family home, Long term rental investment.
2. Will add atleast 1 property every year starting *2023* onwards.
3. Will play safe with first investment and use it for learning.
4. First rental 80-300k ( 20% down, 80% loan), prefer to keep some positive flow if possible, Or atleast neck to neck.
5. Started exploring below areas but need suggestions from experts if these are already saturated and there are other better options with growing potential 5 or more years down the line.
a) St Augustine/Jacksonville/Tampa (FL) --> Need more suggestions, not sure which one I should focus more on.
b) San Antonio Texas
Last but not least, recommendations for reliable team players in those areas with whom I can build long term partnership for exploring/closing deals, managing the rentals etc.
Thanks