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Updated over 6 years ago on . Most recent reply

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Sammie Sams
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My first rental property!!!!!

Sammie Sams
Posted

So I’m thinking about buying my first property, Cash about 40-45 thousand bucks. Fixing it up and getting sum rental cash flow coming in can anyone help with suggestions I’m super nervous.

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Jonathan W.
  • Los Angeles, CA
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Jonathan W.
  • Los Angeles, CA
Replied

@Sammie Sams follow fair housing laws and be fair but firm. Also, finding a good tenant is very important!!! Don’t rush it! Understand your market and what good kind of tenant you are able to attract!(like don’t expect them to have 5x the income and a credit score above 720, be realistic)

Do your research and don’t neglect any problems. Be responsible and keep studying about being a landlord

Good luck

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