Looking for advice on buying my first rental property.
Hi Everyone,
I am looking to buy my first property and looking for as much advice as possible so that I can financially make the right decision. I am currently living and working in Connecticut and trying to buy my first property but am not sure where to start. I am hesitant to buy where I am currently living because it is not a thriving ecenomic area. Year after year the houses here have dropped significantly in price and there is no growing economy producing jobs so my fear is buying a property and not being able to rent it. I don't see myself living here much longer but due to my want to finish my MBA I am here for at least another 18 months. I have 30k saved and want to invest but not sure how and where? Also when I find a house I want how do I make sure I am not over paying? Any advice will be greatly appreciated!