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All Forum Posts by: Melissa W

Melissa W has started 1 posts and replied 52 times.

Post: What's Your Top Tip for New Real Estate Investors?

Melissa WPosted
  • Syracuse, NY
  • Posts 53
  • Votes 47

Find a way to make money while learning about investment property. Do something that gets you inside of the type of properties you want to invest in.

I started out as the office manager of a property management company, got my license and started leasing and selling. I now have a great network of contractors, and I know which ones to avoid. I know about code, lead and rental registry inspections. I've rented hundreds of properties and been in many more. I know what tenants want in my market.

Now I am seriously looking for my first investment property. I feel very ready!

If I'd bought my investment property four years ago when I first started being interested in investing, I don't think I would have done so well.

If you look at this from the point of view of morality you're not helping them at all by letting them stay in this property. You're just helping them have an irresponsible lifestyle. The best thing to do for everyone concerned is to talk to a good lawyer about getting them out and then screen your next tenants really well.