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Where should you buy your first rental property?-Selecting your initial criteria

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.

0:00 Overview
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

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