All Forum Posts by: Syed Shah

So I have been reading and researching about this REI field and found this website and corresponding youtube channel, very helpful. But wanted to ask you guys a few questions:

1- I am in DC suburb area, since this area is expensive, for passive income(rental property) it's easier to rent out and rents are a lot higher, but prices are high too. Should I buy in DC area or move farther, where of course price is cheaper, but rents are low too? So it's more of a trade off?

2-For a beginner, should a rental property be within 2hrs drive of where I live or really doesn't matter?

3-If I can afford 15 years loan should be safest or it doesn't matter if I do 30 or 15 - fixed ones?

Thanks for all of your help and advice, I am sure I'll have some follow up questions. :)

Folks, please take it easy on me since I just joined the forum today :)

I am looking to get into REI field. I have quite a few ideas in my mind, but definitely have no direction since I have no experience in REI filed.

Also, in many TV shows they pretend RE to be very easy-money, which I am not convinced, yet. So, here I am looking for some experienced members to whom I can ask and learn about buying rental properties or some franchise or something else too? Flipping and wholesaling are definitely out of question, because of a full-time job.

Read this article, very helpful:

https://www.biggerpockets.com/renewsblog/before-yo...

Would appreciate any other helpful links or threads which can help a starter? Thank you, Syed.