Getting Started in RE Investing With Cash on Hand
Hi all,
I'm a 29 y/o ecommerce entrepreneur and looking to get into real estate investing in order to turn my cash into income producing assets (and also have a place to live). I've been traveling the world for three years, so I have no home base, though I like the idea of splitting time between USA and Mexico. Based on this info, my initial plan is to buy two single family homes or duplexes (one in USA and Mexico) and rent them out while I'm not there, but I'm feeling a bit overwhelmed with options and strategies.
My questions are:
1. How do I go about picking the most opportunistic markets? Or are there so many that it's simply a matter of me finding a good deal in a place I want to live?
2. Is my plan a good way to start in the RE market?
3. Should I buy in cash or get mortgages? (assume I have the option)
4. Are there any must read books for someone in my position?
Any advice is appreciated.
Best regards,
Neil