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Updated about 11 years ago,
Scouting a new area: question.
I am approximately 14 to 16 months from having a high enough credit score and a decent enough down payment, To purchase my first rental.
Having lived in this area for eight years. I know this is a dead zone. Lots of jobs leaving and not coming back is causing a lot of unpaid landlords. Section eight even has a freeze on it, do the number of low employment.
In this time frame. I will still be making payments on my current house. (so I could not move), I am attempting to make a list of things. I will be looking into. to make sure Where I invest is a safe roi.
Truth be told I have no idea where to even begin searching. I.e. in my mind there is a larger city about 25 mins from here. And I am just assuming that it is safer to put my money there with no idea of how to check the facts.
PLease add to my list Thank you all in advance
Billy.