Updated over 7 years ago on . Most recent reply
Multi-Family Potential first buy
I found a property where I live that I could afford almost with Cash. However, I am not sure if I should do it or not. I know I could make roughly $400/month if I put 50% of rent away for unexpected costs.
I am new to this and not very sure if I am ready. Especially since I have been reading and watching videos based on how tenants can not be very fun. Plus, the area I found this property in is not always the best area crime rate around the street is high according to realtor website. On the street seems to be fine.
I am in the Ontario, Ohio area and if anyone has recommendations of property managers, real estate agents, etc. That would be greatly appreciated.
Side note: Parent not on board with this at all, they want to flip. I would be doing this 100% alone.