Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

33
Posts
7
Votes
Barry Je
  • Tacoma, WA
7
Votes |
33
Posts

OOS investor. Busy W-2. What’s “easy”?

Barry Je
  • Tacoma, WA
Posted

I’ve been investing for a couple years now.

Quick recap:

Huntsville, AL, Cleveland, OH, Detroit, MI, Indy

Bought B- and C class homes. Couple disappointments, most did reasonably well. Couple Huntsville turned out to be big winners.

Anyway, now things at work are getting even busier. I’m making more which means I can invest more. But I just don’t have the time to deal with PM, issues, etc. My one B-class in Cleveland has had no problems, but my other ones have.

So, can people share their recommendations for easier B class investing. I’m looking for 10% return benchmarks. And I don’t want headaches. I’ll buy 150k houses leveraged for great tenants who won’t complain about stupid **** get late on rent and then have to “coach” my PM to collect payment or do something.

Im looking at any and all markets that fit this bill. Headache free investing in real estate with minimal issues great tenants so I can keep working harder at my W2 and make more money to throw back into real estate so I can retire in a decade give or take.

Another thing I’m waiting for is a bit of a west coast slowdown. I’d love to play 1 appreciation gamble every two years (buy a 800k house in San Diego or something, rent it at 4-5k, which covers mortgage, and cash flow from other properties for cap ex) and profit at sell off on appreciation in 15 years.

That’s another thing I don’t need the cash flow to live off of and I don’t intend to retire on the cash flow in the next few years. Every penny will go back into it. Because of my limited time, all my cash flow went back into paying down the mortgage faster as I looked for new deals (with some reserves set aside for disasters).

Any insights please?

Loading replies...