RN Looking to Start Real Estate Investing – Seeking Advice on First Rental

[Mark Rolfe]

Hi everyone,

I’m new to real estate investing and looking to buy my first rental property soon. I have steady income and want to build a small portfolio over time, mainly for monthly cash flow and long-term wealth.

I’ve been looking at duplexes and 4-plexes in places like the Midwest and the South. I’m still figuring out things like cap rate, cash-on-cash return, and how to find a good property manager.

If you’ve been where I am, I’d love to hear:

• How did you get started?

• Would you recommend buying something turnkey or fixing it up?

• What would you do differently if you could go back?

Thanks for any tips — I really appreciate the help!

First time posting. I am trying to get started on multifamily. Any advice would be ger