First Investment Property

[Tony Guarino]

Right now I'm currently a senior in high school (Naples, Florida). I'm going to college close and plan on buying an investment property to fix up and rent or live in. If I buy a single family property I could rent out rooms to my friends. If I buy a multifamily I could rent out other unit. This is my first property, and I'm still debating whether to choose a multifamily or a single family home. Any advice or tips Id really appreciate. Any questions that would make my decision, feel free to ask.

Thanks,

Tony

[James Wise]

your going to college. I assume your living close to the campus.

I'd recommend buying the biggest home you can afford. Whether it be single or multi family.

You can rent out every bedroom to another friend or school mate. The more rooms the better.