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Updated over 9 years ago,
High quality assets..
I am new and still in the educate phase for the most part. I am also a big believer in hire people smarter than you are and you are the people you hand out with.
I am leaning towards the buy/hold rental properties as the way I want to go right now.
It seems to me that finding a great deal on a property, finding a great deal on financing, finding good tenants and keeping expenses low are keys to being successful.
This leads me to a few questions: what kind of people should I try to network with that can help me find the good property deals?
Also, how do I go about determining an accurate percentage for expense costs? I have seen the estimates on the BP rental calculator but, this seems like a number that could possible vary wildly based on a number of factors.
Thanks!