How can I gain more information before I buy another property?
Hi – I really enjoyed the article about multi family homes. You had some good insight into multi family properties and investments versus single-family homes. My wife and I are considering buying another property for the first time. We originally thought we would be interested in a single-family home that we might eventually be able to move into. Reading this, I now see multiple factors. How can I gain more information before I buy another property? I’m considering a single-family home in coral springs Florida. My brother and his wife live in Miramar and my parents live in Boca Raton. We live in Annapolis Maryland but would like to buy a home in FL to rent and eventually have as our vacation home/retirement home.
First, you should learn all you can about real estate investing. You can start off with our article about real estate investing (https://fitsmallbusiness.com/real-estate-investing/) and look for local opportunities to meet with experts and attend seminars in the area you want to buy rental properties.
Here is also a great tips article about buying your first rental properties > https://fitsmallbusiness.com/buying-your-first-rental-property-tips/
Hope this helps and good luck!