Things For New Investors to Consider When Buying Their 1st Rental

[Michael Noto]

If you were advising a new buy and hold rental property investor what are the most important things you would tell them to consider before buying their first rental?

I am putting together some literature for a new investor and have some things in mind to pass along to him, but wanted to see what the BP community thought.

Thanks in advance!

[Deshawn Lewis]

I would advice them about hidden fee, such as insurance, cap ex, vacaney etc... a lot of people just see rent-mortgage=cash flow newbie don't understand its a lot more to it...