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Updated almost 5 years ago on . Most recent reply
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After First Rental Property.. What’s next??
As of two weeks ago my partner and I officially own a rental property after about a year of looking and trying to find the best deal. We believe we have found a great first rental property (duplex). Brick structure that seems to be very low maintenance with good tenants showing they will take care of the property.
My question is what do we do next...? We would like to keep investing and using our cash flow towards another property. What would your suggesting be? Another duplex? Try a single family home? Or look larger into a quadplex or something of that nature?
Happy to have the first property in our name, but looking to expand and keep this train rolling.