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Updated almost 3 years ago on . Most recent reply

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Travis Walker
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100k to invest. Short or long-term? Single or duplex?

Travis Walker
Posted

Hi everyone,


been listening and reading a lot.  This is my first post.  I’m trying to figure out the best strategy for investing in my first rental property.  I don’t want to get over my head in my first purchase.  Should I buy a property to rent long or short term?  Should I get a single or duplex?  houses here are running $300k and up for singles and 500k and up for duplexes. Thx!

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

To start with I would recommend the duplex as a long term rental. Learn the ropes on being a landlord then jump into the STR arena.

  • John Underwood
  • Loading replies...