Getting started in real estate (rentals)

[Rahson Jordan]

I live in Philadelphia and have recently become fascinated (obsessed) with the idea of using real estate to build wealth and passive income. I want to get into the rental business. I'm currently saving money for a down payment/renovations. I'm eligible for a VA loan as well. Just looking for any advice on getting started. The do's and don't. Any advice would be greatly appreciated. Thank you.

[Brendan Markle]

My advice, buy for cashflow first, appreciation second.  If you buy for cashflow, you are going to be making money from day one.  If you buy for appreciation first, you might have to wait a long time for that appreciation to come, and at the end of the day none of us have a crystal ball.  Also, I know this seems like common sense, but you really need to vet your tenants.  Full credit check, background check, meet them in person etc.  if you pick good tenants, your going to encounter far less problems.  I'm an agent/investor in the area, definitely reach out if you have any questions !