You bought your first rental property. That’s the first big step towards building towards financial freedom. Hopefully, it was not just one property that you purchased, but a portfolio of multiple properties to help get you started in the right direction early. Especially if you a passive investor. More on that later.
You may be thrilled. You may be excited. You may even be a little apprehensive. There’s still a lot of work to be done. Buying a property is only the beginning of investing in real estate.
Even as a passive real estate investor, you have quite the road ahead of you! No matter if you’re investing locally or in a distant market, here are the next steps you for the best foot forward: