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Updated almost 4 years ago on . Most recent reply

Nancy Le's profile image
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Nancy Le
  • Member since May 14, 2021
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Nancy Le
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Nancy Le
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Should my first rental be close to my current residence?

Nancy Le
Posted

Hi BPF! I've heard that my first rental property should be close to home so it's easier to manage.  Ideally I would like a duplex where I could live in one part and rent out the other part for my 1st rental. That is not a necessity as I do have a place to stay if I can capitalize on the duplex and rents out both apartments.  I currently reside in Philly Pa which is a sellers market right now.  Would it be wise for me to take advice from the different Podcast and YouTube videos that I have seen to invest in other areas?  Any and all feedback is always greatly appreciated. Thank you!

~Nancy Le


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