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Updated over 9 years ago on . Most recent reply

Account Closed
  • Cleveland, OH
11
Votes |
27
Posts

Working full time while owning Buy & Holds

Account Closed
  • Cleveland, OH
Posted

I don't have any properties yet but my goal is to acquire buy and holds while I work my full time job. I am wondering if anyone who does this has advice or comments about this scenario. Is it harder than you thought? Do you use PM? How many properties do you have in your portfolio? Etc.

Most Popular Reply

User Stats

83
Posts
24
Votes
Sergio Garcia
  • Real Estate Broker
  • Deland, FL
24
Votes |
83
Posts
Sergio Garcia
  • Real Estate Broker
  • Deland, FL
Replied

I believe the toughest part of owning investment properties is after the closing. You have to start  the rehab so you can quickly rent it out before that first mortgage payment is due. It's not easy when you mostly work 50 hours work week and do most of the work yourshelf. I haven't had that much troubles after renting it out...few minor inconveniences no big deal. It's all worth it due to the cash flow.

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