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Updated about 10 years ago on . Most recent reply

User Stats

17
Posts
3
Votes
Brad Kirkwood
  • Real Estate Agent
  • Cadogan, PA
3
Votes |
17
Posts

Greetings! - New Member from PA

Brad Kirkwood
  • Real Estate Agent
  • Cadogan, PA
Posted

Hi everyone!  My wife and I just bought our first house exactly 2 weeks ago today. It is an older home with lots of work needing done but i love every minute of the nearly 100 hrs I've put into it so far. I'm presently a HS teacher so I am fortunate to have a flexible summer schedule but I would really like to have a flexible LIFE schedule. Can anyone suggest a good beginners book to real estate investing?  I'm almost through the BP free eBook and want to learn more. I have an interest in multi-unit rentals and an occasional flip. Right now I'm planning my work before I work my plan.

Most Popular Reply

User Stats

17
Posts
3
Votes
Brad Kirkwood
  • Real Estate Agent
  • Cadogan, PA
3
Votes |
17
Posts
Brad Kirkwood
  • Real Estate Agent
  • Cadogan, PA
Replied

@David Krulac@Tiffany H. @Raymond B. @Dmitriy Fomichenko @Brandon Turner 

I'm about 1 - 2 hours from Franklin, PA.  A better reference would be what Raymond had mentioned about being North of Pittsburgh.  Thanks for the insight on your favorite book.  It has been added to my list.  I've read "The Weekend Millionaire's Secrets to Investing in Real Estate" and "Building Wealth One House at a Time".  I'm presently working through the classic "Think & Grow Rich" by Napoleon Hill.

I appreciate the insight everyone has provided me over the past 6 months.  My wife and I bought our first house (home) 6 months ago and through working on this project, I've learned quite a few things I can do and enjoy and those things that I would rather let someone else take care of in the future.

At present, I'm taking the advice given from a thread I started a few months back about prioritizing small debts and building an emergency fund (1paid off by the holiday, 1 < $5k to be paid off by March/April).  This said, is there any magic number for an emergency fund or is it the 6 month rule that most of you follow?  I've been snowballing debts in between making updates to our present home.

This website is really a treasure in itself.  Thank you all for your insight and thank you for creating it Brandon!

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