I am a new landlord, so now what?
I am a new landlord of a 6 unit building in Philadelphia. What are some ways to grow in real estate aside from reducing expenses and increasing rents (e.g., buy other properties)? I prefer the monthly income over the longer term appreciation approach. It would be great if both approaches worked in the long haul. My idea is to save enough to buy a second income property. Currently, I am self managing the property as I see little to no value in having a property manager "run" the building.