New buy and hold investor in Richmond VA

[Jennifer H.]

Hi everyone!

Just bought my first official investment property! Whooohooweeee! Closed on it and am looking for tenants now. From what I am reading December seems to be a crap month to rent and I should try to get someone to sign a 16 month lease so it ends of June or July. Feeling stressed during this whole process of choosing a good tenant in but I guess you will get use to it.

My strategy (at least this is what I'm thinking) is buy and hold forever till i retire. Right now starting with townhouses since it seems the least scary then moving on to single family homes when I feel more brave.

Before I found bigger pockets I felt so alone with my thousands of questions! SO glad I found this site. It really is like a goldmine! :) Hoping to make some good friends / find a good mentor from here.