My First Rental Deal
Hello BP!
The time has finally come for my wife and I to purchase our first rental and begin our long sought after journey into real estate. I have been looking at many properties and doing analysis (the best I can) on them to see if the numbers will work out. Most of the time they don't and I wonder if that is from me being to conservative on my numbers or I just can't find a deal in the area I am looking. Is this happening to other investors in my area or am I being to conservative?
p.s. I am looking in the Lee's Summit, Blue Springs, Raymore, Belton, Grain Valley and possibly Raytown area. Thank you for all the help in advance!