Starting your journey with a focus on finding a cash-flowing deal is a smart approach, and it's great that you're considering single-family rental homes. Regarding your question about the waiting period for cash flow, it can vary depending on factors such as property condition, location, rental market demand, and financing terms. In some cases, you may start cash flowing right away, while in others, it might take some time to stabilize the property and attract reliable tenants. Conducting thorough market research and due diligence will help you make informed decisions.
As for finding local, in-person meet-ups for real estate and investing, there are several avenues you can explore. You can start by checking local real estate investor associations, networking events, or seminars. Websites like Meetup.com often list such gatherings, and social media platforms like Facebook or LinkedIn may have groups dedicated to real estate networking in your area. Attending these meet-ups can provide valuable insights, networking opportunities, and access to mentors who can share their experiences and expertise.
Don't hesitate to ask more questions as you continue your real estate journey as I would love to connect!
