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Updated over 3 years ago,
Choosing the best location for a rental?
Hi all,
So i'm brand spanking new to all this. Have been doing tons of research on youtube and have been reading David G's book on out of state real estate investing. I just started the paperwork on a HELOC on my home in NJ and i'm anticipating getting between 80 to 100K. I've been leaning more towards getting my first rental in Florida because its much cheaper to houses in NJ and I have family that lives in Ocala, Florida. Also my dad has a flooring business so I figured if I got something in Florida he would take care of my flooring needs. Any tips on best practices when shopping around for rental properties in Florida? Like best areas to concentrate search on and reliable property managers maybe someone here has used.
Thanks in advance