Most of my RE Investor friends and clients say one thing in common with one another:
"When starting out, find the crappiest RE in the best neighborhood."
The neighborhood should appreciate the value, all you have to do is match the apartment to the neighborhood value. Oh, and watch out for RE deals too good to be true. Due Diligence is the best defense.
Disclaimer: I have not made money in RE investing. Someday I will enter the that game.
"When starting out, find the crappiest RE in the best neighborhood."
The neighborhood should appreciate the value, all you have to do is match the apartment to the neighborhood value. Oh, and watch out for RE deals too good to be true. Due Diligence is the best defense.
Disclaimer: I have not made money in RE investing. Someday I will enter the that game.