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Updated about 8 years ago, 12/09/2016
First Investment Property sounds to good to be true. Is it?
Hello Everyone,
My name is Connor and I am looking to buy my first investment property. I am concerned about the offer that has recently presented itself to me. I found a property management company that sells homes to investors that have tenants already in them.
My biggest question is, is this a common thing for management companies to do? Why would they sell a home that is bringing in a profit like this?
As I said before, this is my first real estate investment but it feels like it was to easy. I have read books and asked questions, but I don't want to overlook something.
I don't want to learn a $30,000 lesson, because of ignorance.
Any advice?
Most Respectfully,
Connor