We are looking to building some fourplexes in the near future in the area - when you say expand your portfolio - what are you looking for ?

If you have a building background, I would work with an architect and build some unique places that are stick built to hold the equity value better.

Then you'll need to build a team of contractors to handle renovations and to help with things such as property inspections.

There’s no single right answer to every situation, but the more you educate yourself and build your network, the more confident you'll become.Lastly, don’t hesitate to ask questions here, no matter how small they seem.

But success depends on choosing the right cities and building an experienced and reliable local team.

My love affair with real estate derived from my late mom who had a passion for buying real estate to build wealth.

This is very useful.You could build a deck or gazebo to house a hot tub.

While the townhome is in good shape overall, it does need some mild cosmetic updates to bring it up to rental standards.My goal is to leverage this property to start building a real estate portfolio, but I’m not sure what the best first step is.

I am focused on building capital at the moment since it wouldn't be a primary residence for me, so I want to stay under $300K.

What are some questions that you can ask to each of the required team members(PM, Agent, etc. ) to ensure that goals align and they are best fit.