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Updated about 7 years ago,
Landlord potential with starting capital of $1.1M?
So I've pretty much always wanted to be a successful landlord but I've never been able to make the jump.
I've been blessed with a little over a million dollars to fully invest into rental properties.
With a little bit of education and research, would this kind of money allow me to invest in rental properties to a point where I could even hire a property manager and become wealthy from this?
I'm really in the dark at the moment and don't even know where to begin. For me the sky is the limit as far as number of properties.
I know location and housing markets in certain areas are a big factor too. Is there something more profitable than buying to rent?
Any advice or knowledge from anyone would be awesome.
Thanks,
Jamie