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Buying Your First Investment Property: A Step-by-Step Guide

Here are seven steps that can help make buying your first investment property go as smoothly as possible.


[Updated: Jul 12, 2021 ] Dec 07, 2019 by Matt Frankel, CFP

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rental property steps

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Andrew Kerr lists some things to look for when moving into a new geographical region as an investor on the Millionacres Podcast
 
Item Amount
Rent collected $2,000
Mortgage payment $1,200
Property management $200
Vacancy and maintenance allowance $300
Total expenses $1,700
Cash flow $300

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