How do you pick your initial real estate investment criteria as a newbie when you don’t want to close yourself off to a good opportunity? If you are a busy professional, it is easy to get overwhelmed in your quest to make sure you dodge getting into a bad investment. This is an excerpt from the live Getting Started With Rental online workshop hosted by Veronica Woods and Samira Kiett.
1:16 Challenge with selecting your initial investment criteria
2:27 Considerations when investing out-of-state
3:04 Philadelphia as a good option for rental properties
3:58 How to match your budget to your investment criteria
6:51 Trade off with buying in markets with less appreciation
8:48 How to match repair project complexity with experience and risk tolerance
Want more insight?
Veronica comes from a family of real estate investors. She is passionate about helping clients create wealth, build a legacy, and design a dream lifestyle through real estate.
What makes Veronica stand out from other realtors is her financial background. With an MBA in Finance from The Wharton School and a bachelor’s degree in Economics from Northwestern University, she does not run from the numbers. She spent over a decade running financial models to help her employers evaluate projects and products. This skill allows her to simplify the bottom line for a homeowner or forecast the return on investment for a developer.
Veronica is a licensed realtor in PA. Veronica helps her clients buy, sell, invest in real estate in the following neighborhoods in the Philadelphia metro area: Cedar Park, Chester, Cobbs Creek, Darby, Drexel Hill, Germantown, Kingsessing, Lansdowne, Marcus Hook, Overbrook, Overbrook Farms, Sharon Hill, University City, Yeadon, and Upper Darby. Her company also provides property management services for single-family homes and small apartment buildings in the area.