first time investor dilemma
hello guys I' have a question and the most people I get is appreciated.
I want to start investing in real estate and bring in some cash flow. but there is two options that I need help with.
there are two locations one less desirable but still you can find some good houses but alot of choices and the prices on the houses are very low.
or go to another location where is more desirable but fewer houses I say like 5 percent compared to 80 percent of houses. but the houses are twice the price . you will get better rents but pay higher mortgage.
another thing to add. pricier homes have alot less taxes.
as a first time investor not knowing what to expect where should I lean too first.
thanks guys for the info in advance.