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Updated almost 8 years ago,
Rental property novice looking for advice
I am 26 years old and I bought a home when I was in the military. It is currently rented out in Texas and I have no issues with this home and have some decent cash flow from this home.
I am looking to begin building long term investments again with real estate by purchasing a home here in Alabama and living in it while fixing it up then renting it out.
I am looking for tips and suggestions how to effectively start this process and what key elements should I look for during this process. My current rent in my apartment is 975 a month and I would rather be building a future for myself with this money rather than lining the pockets of others.
Thanks in advance for your help and advice