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Updated about 3 years ago on . Most recent reply

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6
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1
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Musa K.
  • New to Real Estate
  • New York
1
Votes |
6
Posts

Own investment property…now what

Musa K.
  • New to Real Estate
  • New York
Posted

So lots of resources on how to look at numbers and figure out deals when it comes to single family houses. Lots of resources on what to do when starting out. But now what.

I have a single-family house with tenants in place, what are some resources available on what I should be doing right now? Being managed by a property manager out of state.

Any help or guidance appreciated.

Most Popular Reply

User Stats

329
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203
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Tanner Sherman
  • Real Estate Broker
  • Omaha, NE
203
Votes |
329
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Tanner Sherman
  • Real Estate Broker
  • Omaha, NE
Replied

Now is the boring part. You wait and let time do its thing. If you are asking about what to do next regarding your portfolio, figure out specifically what your criteria is, how much capital you need to make it happen and then search specifically for that deal and don't get distracted. Rinse, and repeat. After a few years you can start to refinance properties and do a few more deals per year.

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