The Main Takeway From Your First Long Term Rental

[Mat Poole]

What was your main take away or lesson learned from your first buy and hold rental property?

[Zach Westerfield]

Educate yourself first. I did a lot of study including reading Mike Butler's Book - Landlording on Autopilot (highly recommend it). It paid off, my first tenants have been my best and I still have them 5 years later. 

Another recommendation - property management is a professional business. either educate your self as if you want to be a professional property manager, partner with someone who has, or pay someone to do it. I think many of the negative connotations around real estate are rooted in the fact that too many people are landlords that dont have a clue about property management.