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Updated almost 2 years ago on . Most recent reply

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Kyle Good
  • Investor
  • Chester County, PA
0
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5
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Back for Round 2.0

Kyle Good
  • Investor
  • Chester County, PA
Posted

Hey there! I'm diving into the property game again, round two, here I come! 

So, let me give you the lowdown. I had some condos once upon a time but honestly, the cash flow was just not hitting the mark. Plus, appreciation barely moved an inch while the HOA fees kept shooting up. 😬 Long story short, I decided to sell after a decade of being a landlord. Did ok, but not what I had envisioned(It was also in NJ which is a nightmare at times).

Fast forward to the last 3 years - I've been hustling and saving up a pretty large pile of capital. Now, I'm all set to give real estate another shot. My main goal? Passive income. I want it to replace or at least supplement my 9-5 job, and then keep growing from there as I did before.

I'm currently in SouthEastern PA, but the market here is pretty wild, so I'm thinking of exploring other places and delegating the bulk of the work like management, etc. Happy to connect with real estate agents and cool folks in general that can point me in the direction of markets they like, or, even strategies other than BRRRR.

So, here's to new beginnings and new connections! 

Cheers!

Most Popular Reply

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28,053
Posts
41,046
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,046
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28,053
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Kyle Good:

The only places the 1% rule will work are the high-risk areas with low-class properties.
  • Nathan Gesner
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The DIY Landlord Book
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