Curious about finding renters
BP community,
I am currently reading through the BP blog and ran across the post titled "60 day newbie action plan". One major point of the article is that you should have funds available in the event that your property is slow to rent out.
My curiosity comes in to play when I think about success stories I've heard via podcast of how people were broke but still managed to buy their first property. I'm wondering were they ever in a position to where their property was slow to rent and how did they keep up the payments if so?
I myself am hoping to have my first investment be a multifamily unit and I plan on living in one of the units myself. Should I be worried that I may not be able to find renters in the first few months? Thoughts such as these give me cold feet :(