Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 12 years ago on . Most recent reply

Account Closed
  • Investor
  • Buffalo, NY
15
Votes |
100
Posts

Rookie in real estate

Account Closed
  • Investor
  • Buffalo, NY
Posted

After countless hours of scouring the internet for answers on real estate investing this seemed like the place to check out. I am new to the investment game and figure that my money might do better on buying investment property and getting rent on them than it sit in the bank at the rates they are at now. I currently live in VA but I am looking at investing in property in FL. Not sure where to start or whats a good formula on whats a good return on rent vs monthly expenses. Not sure whats a good plan of attack, buy one property out right and get a loan on a second one or split what I have in savings and get a loan on two. I have the contacts in place as far as a realtor, property manager and my bank. I would like to learn as much as I can before I step foot into this and to be able to get input from all different people who are investing. The do's and dont's so to say. My contacts have been helpful, but I would like info from other sources.

Thank you all
Chris

Loading replies...