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Updated about 3 hours ago on .

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2
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Kate Bolia
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2
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Fairly New RE Investor Learning the Ropes

Kate Bolia
Posted

I’m relatively new to RE.  I built a house in Bali, Indonesia that I put on the short term rental market and it’s been going well.  It cash flows approx $2,500/month.  I had absolutely no idea what I was doing when I started.  I just had a feeling it would be a good investment and jumped thru a bunch of hoops to make it happen.  My research has lead me to a plan of holding onto it for approximately 5 years and then selling.  I may re-invest in Bali at that point, it really just depends on how well I’ve done and what’s going on in the Bali market. 

Now I'm looking to roll some money over from my IRA to a self directed Roth and start investing in some RE here in the states. I'm eager to learn, but want to get started right away, so I'm thinking of making a few investments with Spark Rental as a passive investor.

My boyfriend is a contractor and we have discussed doing a couple of flipping deals and/or doing long-term rentals here in the Atlanta area.  I want to learn as much as I can about deals before we pull the trigger on something, so we make the best decision.  I’m looking forward to connecting with some RE investors here in the Atlanta area, as well as the larger community, for knowledge and advice.  In and ideal world, I’d love to find a mentor that I could assist in exchange for learning the ropes! 

Thanks!

  • Kate Bolia