Hi All!
Its been a while since my last post and much has happened. I am full blown reading everything I can get my hands on about real estate. Remember in "A Charlie Brown Christmas" when Charlie Brown asks Lucy what is it that she really wants for Christmas and she replies..."real estate". She's onto something! LOL.
Question is do I want to be a landlord??? See, the housing market sucks right now but, I figure if I can get something (yes preferably a foreclosure), I could rent it ...wait for the market to get out of this cycle and sell it later. In the meantime, the property could pay for itself.
Sounds simple, right?
Well, a few things do need to come into play...pricing on the property I want to buy, what rents are going for and of course...finding a GREAT tenant.
Its why I haven't posted in a bit. I have been looking for the right property and of course trying to avoid pitfalls by reading as much and questioning as many people as I can. If anyone has their two cents to put in...i'm all ears!
