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Updated 3 months ago,
Time for Reset and try again
Hi everyone. Excited to be here to learn how to invest in real estate properly. I used to own a condo as a rental and a single family house as primary. But my rental is not generating any cash flow in fact I have to pay for tax and HOA out of my own pocket.
Reason why I said time for reset and try again is because I am going thru divorce and the condo will go to my ex. As for the single family house I have no choice but to sell it since I am stupid enough to fell for a pig butchering scam. I lost pretty much all my savings and stocks from the scam. Long story short, so now I will be back to square one where I will be renting without owning any properties. Hoping to have some money left to rebuild my portfolio after selling the house and paying off the debt and loan.
So I am here humbly and eagerly to learn the proper way to rebuild and want to avoid as little mistake as possible. 😁