Where to Invest: Suggestions Needed for First Timer
Hello all
I am just starting my voyage, and reading everything I can. I searched the forum, and didn't really find an answer, so here goes:
Do I look for something anywhere in Texas that is within my budget? (Ok, not anywhere - but farther than an hour from where I live?) - or do I just stay close to home? Part of the answer I am sure will be if I plan to use a rental agency to manage my rental.
I have heartburn over a rental agency; but if you are more than an hour away from the home, is that feasible in situations where you might need repairs done? Need to check up on the home every once in a while?
There isn't a ton in my price range; I am looking 150K or under; a "starter" investor but obviously am finding more the farther I move out from Fort Worth
Thank you in advance for sharing your thoughts!
C.