Advice for first time investor
I am a first time investor looking at purchasing my first investment property for rental income. I am located in the Indianapolis area and looking for single family or multi family rentals.
For my first deal would you suggest:
1. Look for home via realtor and then advise for renters?
2. Try to buy foreclosure or REO properties?
3. Buy a turnkey Property such as FARC in
Indianapolis?
5. But a fixer upper?
4. Single or multi family home for first deal?
I travel a lot so I would probably need to work with a management company.
Any suggestions would be greatly appreciated. Also any contacts in the Indianapolis area would be helpful.
Thanks and I look forward to my journey.
Brent