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Updated about 2 hours ago on . Most recent reply

Beginner Investor with questions
Hello All!
So, I'm a beginning investor and I have questions. The one I have at the moment is, is there a way to find potential partners to do business with in doing long term rentals? I'm thinking about doing a duplex and making passive income, but I also know that it takes a lot of work. My personal end goal, of course is to have it hands off. I'm ok with paying other people to handle what needs to get done. But I feel like it would be a bit easier having someone you can trust as a partner to help build it. So, I don't know if there is a specific forum for that or ??? Any ideas? Also, I don't have any money of my own to get started with a duplex, but I know there are other ways of going about it. I also don't want to use my credit, either, but I'm not sure how obtaining the funds for a project like this would go? Theoretically, can you pay off a loan with whatever income you get with the said duplex? That's another thing I'm trying to figure out is how to pay the money back. Any guidance or advice would be greatly appreciated! Thank you all, and have a Beautiful Day!
Sincerely,
Tara
Most Popular Reply

Hey all,
Thank you Bryce, Jay and Alan! I truly appreciate all of your feedback and it gives me a lot to think about. I do know I have A LOT to learn, that's part of why I'm here. It helps me to hear those who are there or who have been there to help people like me and guide us on this path.
So thank you! Have a Great day!
Sincerely,
Tara