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Updated about 9 years ago on . Most recent reply

User Stats

15
Posts
7
Votes
KJ Miller
  • Shawnee Mission, KS
7
Votes |
15
Posts

Is this a horrible idea?

KJ Miller
  • Shawnee Mission, KS
Posted

So, I'm still learning the ropes and not ready to jump in to actual investing just yet, but I just wanted to throw my plan out there and see what people thought of it (especially Kansas City folk). Obviously the main reason I want to get into real estate investing is to help make a better life for myself and my growing family, however I would also like to make a difference in my city. I have a dream of purchasing homes in lower income and rougher neighborhoods and providing quality sfh's to people where they wouldn't normally be able to find them. I would like to provide quality section8 housing for the less fortunate, but still make a better life for my family while making lives better for others. Is this even a reality? Am I crazy?

Most Popular Reply

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42,754
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62,996
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
62,996
Votes |
42,754
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

Yes end of discussion unless your Habitat for humans or some other charity this is financial suicide in my mind and you will destroy your family

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JLH Capital Partners

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