All Forum Posts by: Austin J Gurule

My real estate goal is to cash flow at least 10k a month from rental properties. I am currently only 23 years old and am soon starting my career (Humbly speaking it will provide me good money). I know there's pros and cons with leveraging and paying off mortgages early. However, as of now my current plan is to use the rental income and cash flow from my first rental property (house hack) and yearly savings to pay that off as soon as possible. Once I would buy my second rental property I would then use the cash flow from my first rental (more cash return) and second rental along with my yearly savings I have planned out and repeat the process.

I feel like paying off the mortgage quicker gives you more cash flow per month than leveraging as my personal goal is to get the most from cash flow. I would love input or opinions on if this sounds like a sound strategy. ie. I live well below my means and save more than half my income. 

I've been doing analysis on different properties some single families and some multi-family. I've been doing the 1-2% rule off the bat and then an analysis after. It seems to me like many single family properties don't cashflow as well or are more difficult to find for a decent cash flow (for me $300.) I know I might be stating something obvious. I just want to hear from people here what they prefer. Whether it be single family and why or multi-family and why. Disclaimer: My real estate goal is to make extra $10000 monthly and I want to buy and hold.

Hello I am moving to San Angelo in December. I will be starting my career and seek to invest in real estate rentals as one of my main asset streams. If you are a real estate agent/ investor or know any in the San Angelo area I would love to reach out! I'm looking to volunteer in my free time with whatever it is you may need to learn more about real estate investing and the process of buying a home is. 

Hello, I am currently moving to San Angelo in December. I will be starting my career and seek to get into real estate investing. I am very novice on my knowledge with it but want to learn as much as I can. If there is any real estate investors/agents out there or that you know of in the San Angelo area I would love to reach out and get contact information. I'm looking to volunteer and help any agent/investor much as I can in my spare time.