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Updated over 9 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Steve Harmon
  • Ashburn, VA
1
Votes |
5
Posts

High quality assets..

Steve Harmon
  • Ashburn, VA
Posted

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!

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