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All Forum Posts by: Alex Deters

Alex Deters has started 6 posts and replied 25 times.

Post: Is it a good or bad idea????

Alex DetersPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 25
  • Votes 15

@Dave Carter We talked about that but we have 4 kids, under the age of 4 and multiple animals. Unless they make 1500-2000 Sq ft. Tri plexes, it's out of the question. I have advised my 17 yr old brother on this approach though.

Post: Is it a good or bad idea????

Alex DetersPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 25
  • Votes 15

@Lisa Cottrell I will for sure have to do that! We don't know anyone down there.

Post: Is it a good or bad idea????

Alex DetersPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 25
  • Votes 15

@Taylor L. I completely understand that it wont be 100% hands off. I'd like to still be a little involved as it is my investment and i find RE really exciting. I guess learning how to properly vet a PMC should be high on the list of things to do.

Post: Is it a good or bad idea????

Alex DetersPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 25
  • Votes 15

@Lisa Cottrell We are moving to Florida this year so it's the market we plan to invest In. We don't want to bet the whole farm but a quarter or a third is our risk level.

Post: Is it a good or bad idea????

Alex DetersPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 25
  • Votes 15

Me and my wife are coming into $1 million here soon. We do not want to "work" full time. If it's even possible, would it be a good idea to buy a multi family, hire a property management company and just sit back and collect cash flow? I don't know if I'm being to vague but I've never invested in real estate but I find it very very interesting.