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Andrea Thompson wrote:

 

Whats is the best way to start in realestate investing? I'm in the central Texas area Killeen/Ft Hoo

Answer
I personally own several properties in the Fort Hood area and I assist many other investors.Many of my first time investors also have VA intitlements available.  So, when buying thier first property, they purchase either a duplex or fourplex and live in one apartment.  You must occupy in order to use your VA.  This is used as a stepping block to purchase more property in the future.  It also gets your feet wet by managing property.Andrea
October 08 2009
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was thinking of buying a forclosed 4 plex townhome apt banked owned listed for 158500

Answer
Be sure you have a knowledgable agent assisting you with your investment.  I would ask the agent how experienced they are with investment property.  Do they even know what a CAP rate is?  There is a big difference from selling homes to families and selling investment property to investors.
October 08 2009
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