New to the Game!

[Josh Graves]

Hello all,

New to the real-estate scene but getting started and excited to see where this goes. I own 1 house and starting the rental process now with a property management company in El Paso, hoping to buy another home next year and expand the business! Any and all advise is welcomed, especially as I get my feet wet and start learning processes, next steps, and so forth. 

[Matthew Irish-Jones]

Quote from @Josh Graves:

Hello all,

New to the real-estate scene but getting started and excited to see where this goes. I own 1 house and starting the rental process now with a property management company in El Paso, hoping to buy another home next year and expand the business! Any and all advise is welcomed, especially as I get my feet wet and start learning processes, next steps, and so forth. 

 My advice is to buy good properties in good locations even if you have to forgo cash flow.  Low risk properties have predictable returns, predictable returns are better than high risk high returns.  Make a plan to build equity over time and avoid chasing cash flow.