8 Things You need to Know Before Buying an Investment Property

 Congratulations! There are so many great things that can come from an investment like this. It’s exciting and nerve-wracking, to say the least.

envision your new investment property, (manifesting) get clear on your goals and let’s dive in. Let’s take a look at 8 things you need to consider as you think about your first or next investment property.

Single-family vs. Multi-family

While many people see purchasing a single-family as a steppingstone into multi-family, that is not necessarily the case. If you want to focus on multi-family apartments, it is possible to start with them directly.

How To Pick A Property

A few common strategies are: Cashflow Focused Buy and Hold- Buying a property that is rent ready or near rent ready with a focus on obtaining a good cash flow.


Getting a loan on an investment property can be a bit different than a mortgage on your primary residence.


Note I did not say real estate agent here. When finding a primary residence, your search may begin and end with a real estate agent. However, when looking for an investment property, more options are to consider.

Property Manager

When purchasing your first investment property, deciding whether to hire a property manager or self-manage is a significant decision. There are pros and cons for both sides here. In the end, it will depend on how active of a role you want to play in managing your investment.

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