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Updated about 8 years ago on . Most recent reply
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Newbie from Monroe, NJ
Hi Everyone,
My name is Ripple Shah and I'm in the process of buying my first rental property. I'm 36 years old and have been working in Finance IT for the past 12 years. I have been getting guidance from a family friend whose also a real estate agent on buying rental properties. As I need more knowledge about investing in real estate properties, I've started reading Brandon Turner's book: The Book on Rental Property Investing: How to Create Wealth and Passive Income Through Smart Buy & Hold Real Estate Investing. And that's also how I came across the BiggerPockets website.
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Hey @Ripple Shah I'm active in your area also. To learn what tenants will expect, you should go see what the other properties for rent in the area look like. Learn your market- what rents do you get for a 2 bedroom vs. a 3 bedroom and so on. Also, network with other local investors- you can check meetup.com for meetings. I'll send you a private message with some local meetups I attend.