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Old 07-16-2007, 11:39 PM
xxfunguyxx xxfunguyxx is offline
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Default Totally new to this and this forum ;)

Hi guys,

I m totally new to real estate investment...never bought a house before.

This seems like a great forum with great members...so nice too meet u all

my question is this...I would like to buy a house and rent it out, instead of selling it...

1) how good of an idea is this?
2) Is this the right forum for this?
3) what research do I need to do? books, calculations, etc

thanks all

Last edited by webmaster; 07-17-2007 at 11:57 PM.
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Old 07-17-2007, 01:57 AM
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Default Re: Totally new to this and this forum ;)

I`m not in the States so cannot give you expert advice on the market there but I`m sure other members will be of help.

Welcome to REW!
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Old 07-17-2007, 05:54 AM
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Default Re: Totally new to this and this forum ;)

Welcome to REW.


Odd questions.

You've never bought a house - and yet you want to buy one and rent it out?

Where do you live presently?


First thing to do is probably make sure your finances are in order.

Are you paying for the home in cash? If not, have you spoken to a loan officer?


Regardless, its probably better asked in the ASK AN AGENT folder, IMO.
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Old 07-17-2007, 06:51 AM
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Default Re: Totally new to this and this forum ;)

Hi XX,

Welcome to REW!
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Old 07-17-2007, 07:00 AM
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Default Re: Totally new to this and this forum ;)

Welcome to the forum. You might try buying one to live in first. That's the best investment for a variety of reasons.
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Old 07-17-2007, 07:28 AM
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Default Re: Totally new to this and this forum ;)

Hey! Welcome to REW.

What did the mushroom say when his friends wouldn't let him come to the movies with them?

"Come onnnn, I'm a funguy!"
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Old 07-17-2007, 08:24 AM
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Default Re: Totally new to this and this forum ;)

Welcome aboard!

Investing in real estate can be very profitable, but you need to do your homework to make these types of investments work. What country are you in?
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Old 07-17-2007, 08:46 AM
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Default Re: Totally new to this and this forum ;)

Hello and welcome.

Do your homework first. Trying this without any knowledge about what you're getting into is a sure fire way to get burned badly.
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Old 07-17-2007, 08:53 AM
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Default Re: Totally new to this and this forum ;)

Welcome to the site. There are a million different paths to take for a real estate investor. Your on the right track with visiting forums like this. Just keep on reading, and then find a Realtor who specializes in investment properties. Although the best deals are usually the ones you seem to "stumble upon."

Best of luck.
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Old 07-17-2007, 09:16 AM
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Default Re: Totally new to this and this forum ;)

Welcome to REW, Great to have you aboard.
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