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Updated about 7 years ago on . Most recent reply
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Looking for someone to help me
Hello BP Members. Like to start with saying that I bought a 2 family home in Springfield mass area and already felt the ups and downs of being a landlord. I had a nice cash flow going on but I had to move in to the property since it was finance through FHA. That being said I was making $900 in profit for the first 3 months until I had to move in. Lady didn't want to move and didn't pay rent. So I started a eviction process which is fairly easy and got her out in 3month, basically killing any profits I made but the experience was well worth it. So, now that I moved in and almost have it set-up to my families liking, I'm ready to buy another 2-4 family. That being said I'm looking for help. Want to meet some western mass/CT investors maybe for coffee or even be able to help with anything in a property or even showing a unit to tenants. Really would like to buy another property by 2018 with a BRRRR strategy and like to be able to do that with a partner since I know I won't be able to come up with 25k minimum alone. Definitely 10k-15k though. If anyone that would like to meet, comment or send some advice, I would greatly appreciate it
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You got this
it is not about the profits
its about decent housing for those that need
if I paid you a cents on compounded interest would you take the chance?