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Updated over 3 years ago on . Most recent reply
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Real Estate Investing in WV
So I, as my bio says, am a newbie in every sense of the word. I've been absorbing everything I can about real estate for the past two weeks & yesterday became a pro member. I'm interested in multifamily. I live in WV and I'm unsure of how well my cash flow is going to pan out. For instance, some of my "in budget" properties are in parts of town that I know people have a notion that it's shady or unsafe. The properties themselves have a decent CF & are in rather good shape (meaning there won't be much rehab). So, I guess my question is, how can I ensure that I'm going to have a CF on a property that I'm unsure if anyone will rent due to location? Follow up question - is long distance real estate something beginners could or rather, should, get into? I know that some of these concerns are probably a symptom of ignorance about the bigger picture of real estate, but any information would help!