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Updated over 9 years ago,
Newbie to BP from AZ.
Hello. My name is Dennis and live in Phoenix, AZ and am interested in learning more about RE investing to create passive income. More by accident, I've had a single rental property since 2009 as a result of purchasing a foreclosure home for my primary residence and not wanting to take a complete bath on the sale of the townhouse I was previously living in. I've been lucky over the past 6 years and have only had to have 2 tenants, both were great and took good care of my property during their stay and the unit has only been vacant for ~5 weeks in 6+ years.
I always intended to sell that townhouse once the market came back, but now I find myself rethinking the idea, and actually want to add more properties. I've been reading books, watching YouTube videos, and visiting forums like BP to create a plan on how I should go about this. I've been introduced to so many great ideas and concepts I never thought of before, but I have to admit, my head is spinning a bit. :$
Thanks and I'm looking forward to learning from any of you that are willing to teach me the best practices of RE investment that work for you.