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Updated about 4 years ago,

User Stats

12
Posts
6
Votes
Tyler Bougie
  • Rochester, NH
6
Votes |
12
Posts

Living in a condo while renting

Tyler Bougie
  • Rochester, NH
Posted

More of a self journal but I’m open to discussions and thoughts. Was starting off at the point of hoping to buy a duplex or triplex in Florida and rent out the units while me and my fiancé have full time jobs. In the circumstance were in it isn’t possible at the moment. So the new idea I’ve gotten was to sell roofs with the company RRCA (if anyone’s heard of them or dealt with them I’d love more insight into what you think of them). I had a discussion over the phone with them saying they’re always hiring and there’s no set time to when I have to move down in order to get the job. Another plus I see in this company is it gets me into sales and understanding a market and how to work it in my favor which can play a key part into my real estate/investing journey. They also are very flexible with the job and how many hours you work aswell as how many days, I’m interested enough since my drive to prove my work ethic is strong and would feel it is a great fit for myself to make as many sales as possible in a week. My fiancé and I would’ve either in a condo or apart for the time being until she builds a stronger credit aswell as we together making a higher savings to put towards a first property to buy and rent. Ultimate goal I see in breakdown form is as followed. Have my fiancé get a full time job guaranteed salary and then get a job with the roofing company. We go down to Florida and move into a condo or apartment for the time being since our savings aren’t high enough to purchase a home with just my income and job position with commission only. Save over a time period as she builds her credit and we gain our money together. Buy our first duplex/triplex and live in one side or if the income is better to rent both and stay at the condo or apartment do that instead. 1 year is what I’m giving myself to work hard. If I make a contingent with a customer for their roof I make $150-$200. They say the highest a new sales person makes a week is 5-10 contingent equaling around $2000 a week if done right. Knowing my stubborn hard working I see myself doing more than that and willing to put in extra effort to make this happen. Over a period of time with say $2000 a week for $8000 a month.