Ready to Buy Your 1st Rental Property?

8 Things You Need to Know

Buying your first investment property can seem daunting.

However, getting started in real estate investing can be a great way to move forward in your path to financial freedom.

But, of course, it all depends on your goals,

how you structure them, and what you put into them.

However, real estate investing is not for everyone, and there are some pros and cons to investing in real estate.

Pros

Cashflow

Effective use of leverage

Appreciation

Cons

Not hands off

Low Liquidity

Could lose value

While many people see purchasing a single-family as a steppingstone into multi-family, that is not necessarily  the case.

Single-family vs. Multi-family

Multi-family apartments typically get built from the ground up.

One advantage of investing in a single-family property is multiple exit strategies.

Swipe up to Continue Reading!