Fair Price Range for Beginner Investor on First Property
For a new investor like me, any thoughts on what is a fair price range to purchase my first property? Looking at homes in different parts of the state and mostly see anywhere from 200k-and up. Wondering what would be a good starting point? Mahalo for any insight!
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Id say that the price range is less important and knowing your market is what you should focus on, do the homework on which of your markets are best to invest in for your goals. Then start finding deals, if you get a decent one you wont need much money at all! For me, my first actual investment property was 125k.