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Updated about 2 years ago on . Most recent reply

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Paul Purcell
1
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New to real estate

Paul Purcell
Posted

Hello bigger pockets family

I am thinking getting into real estate. Is it possible to do while still having a 9 to 5 and plenty of family commitments leaving little free time and energy. My original thought was multifamily buy and hold LTR to supplement W2. I haven’t read many stories of people doing it that way without a house hack of some sort. We are staying in the home we own for the next 10/20 years at least due to schooling and location to our W2 jobs. I was wondering if you guys think if this is possible to be done. I thought about the rent to retirement website but their numbers seem a little off whether it be the rental prices they were getting or the sale prices on the homes. Most posts I read are people going at it full time or house hacking .  Just looking for your guys thoughts or direction 

Thanks 


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324
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Joseph Crunkilton
  • Rental Property Investor
  • Oregon City, OR
780
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324
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Joseph Crunkilton
  • Rental Property Investor
  • Oregon City, OR
Replied

Hi Paul, I can chime in here because I've bought some properties from @Zach Lemaster and the RTR team. Most of their properties have tenants in place, so the rental income they're using is accurate. Some items may be different depending on how much you're factoring in for reserves. But they're all pretty close. 

The experience I gained from purchasing was better than most books and podcasts. Plus the returns I got from their deals were better than anything I could put together on my own. 

I do this completely part time while building my career and side hustles. It's doable when you have good teams. And RTR has helped me build that. 

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