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Updated almost 10 years ago on . Most recent reply
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Buying first property (Investment)
Okay, Ive made it my goal to buy a (probably 3 family) rental property before i turn 21 (Nov 14).
What will be the smartest move now?
* I have money saved but would NOT like to use it - other ways?
* when buying your first rental property, what do you wish you did?
* How to make sure its a "good" property?
* Is there a "red flag" with rental properties and how to figure it out before its to late
* how do you know how much all the monthly expenses will be - how to get the taxes/insurance expense - how much you can charge for rent and not be overpricing/underpricing?
* how do you keep a tenant happy and want to stay? (never saw this question before)
I know real estate is the way to go with investing. The people who say it isn't are the people who aren't familiar with its potential.
Thanks for your help,
Josh