Where to start and what markets are recommended

Question

So i am sure everyone starting new in real estate investing wants to start somewhere and really don't know where to start. I currently have 3 rental properties in Corpus and San Antonio, Tx and these were properties i lived in prior to renting. I currently live in Las Vegas and ready to expand my rental portfolio and needing guidance on where to start. I do know i want passive income and build enough of it to be done with my 9-5 job so any suggestions on which market to start in (I am open to all market to buy rental properties), I am looking to buy both single family and multi units as well. Any piece of advice or tips would go a long way. Thanks in  advance for taking the time to respond.

Tommy Morgan · Answer

@Isua Mbang currently no. In the future considering corpus and Dallas (where I grew up)

Isua Mbang · Answer

@Tommy Morgan

Thank you so much for your input. SA is definitely on my list of places to consider. Do you invest anywhere else in Texas?

Tommy Morgan · Answer

@Isua Mbang I recommend you continue investing in Texas. You’ve lived here and know the markets are reasonably priced. live in San Antonio and currently invest here also.

Isua Mbang · Answer

@Brian Gerlach. Thank you for your response. We actually just recently relocated here to Vegas. I just closed on a house last month and that was for our primary residence here and it just seems like the house prices are just over priced here. I am using to buy and hold strategy hence me wanting to invest elsewhere.

Brian G. · Answer

@Isua Mbang

Have you researched your options in Las Vegas?

I would personally start there.