Hey all,
I'm new to everything here but we're finally in a place where we can afford to start looking for a property or two to invest in. We're looking in the Las Vegas, DFW or Orlando area as out of state investments.
Through BP, I've noticed that we can use a PM company that is geared towards real estate investment/investors. Basically, they find the property for you to buy and then place a tenant in there. They're able to show how the property would cash flow and break everything down.
To me, as a naive new investor, this almost seems like a no brainer. Sure, I may lose money on the PM fees but the peace of mind sounds nice? We're looking for the long run, not quick money. Almost sounds like robo-investing to me, especially with finding a property to buy. (Anyone know what they typically charge for a finders fee?)
Any advice would be really appreciated!
