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Updated about 8 years ago,
New Member from Georgia
Hello Everyone.
My name is Anthony Lyons and I am very excited to start my journey in real estate investing. To provide a little background, I have had the opportunity to buy two houses so far. The first house I bought was financed through FHA and was a fixer upper. I sold it after 2 years of living in the house and was able to gain a profit of $20,000. I used that to buy another bigger more expensive new construction house that I am currently living in. I have lived in this house for a year now.
The path in investing that I plan to take is to rent out single family homes, but I am not 100% sure if I should try and put my current home up for rent or save up to buy another home. I have discussed this with my wife but she currently doesn't think real estate investing is a good/safe idea.
What can I do to help my wife see the benefits of real estate investing? Where should I start my journey in renting out single family homes?
Thanks in advance