5 Tips for a Low Stress First Rental Property Investment 5 Tips for a Low Stress First Rental Property Inve | Page 3

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Tip #1:
A d v i ce i s O K , b u t D o
Yo u r O w n Re s e a r c h
• Take courses, read investment books, go to a seminar, or any other learning process that helps you to
gain confidence to make decisions. I suggest that any books, courses or seminars be about how to
select locations, value properties and evaluate the rental market. Your success will be based on your
due diligence and most of all buying right in the right area.
• Your first rental property investment is best done in your area of residence, where you know what’s
going on economically. You want to know that the economy will support today’s decision into the
future, as this isn’t a short term strategy. Understand who the major employers are, what drives
people to move in or move away, and if things look good into the near future.
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