Advice for getting your first rental property ?

[Jesus Fregoso]

I am looking into buying my first rental property and I’m honestly a little scare. Do you have any tips for newbies like me?

[Jonathan Oh]

@Jesus Fregoso Know the market before you invest. And it's not ALL about cashflow. Cashflow is the lifeblood of your investment. But don't make the mistake of buying the highest cash-flowing property you can find. These tend to have a trade-off with appreciation because they're typically in less desirable areas. Also, emphasize on building a great team. Without one, you'll have a much tougher time succeeding. Hope this helps!