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All Forum Posts by: Brett Wahl

Brett Wahl has started 1 posts and replied 3 times.

Post: Getting back to it

Brett WahlPosted
  • Grovetown, GA
  • Posts 3
  • Votes 2
Quote from @Randy Rodenhouse:

One thing I've learned over the years is that sometimes doing nothing is the best thing. For example, the properties I held for many years have increased in value, have given me cash flow, tax write offs, etc. Holding long-term has been for me a great wealth strategy.  Sometime very hard to do.  

You just need start again and figure out what types of investments interest you... whether it be rental properties, buying mortgage notes, etc.

I am at ground zero at the moment.  I’m researching my finance options and studying the market.  Seems that inventory is very low, property prices and interest rates are very high.  The rental market here where I live is really good for property owners.  There is expansion going on at the local military installation, bringing tens of thousands more people to the area and not enough housing to meet the demand.  It may make sense to build new properties.  That’s something I have no experience with, so I am researching that option.

Post: Getting back to it

Brett WahlPosted
  • Grovetown, GA
  • Posts 3
  • Votes 2
Quote from @Nathan Gesner:
Quote from @Brett Wahl:

I had formerly owned rental property, but sold.  Regret doing that, so I’m looking to get back into real estae rental investments.


 Welcome back! What motivated you to sell the last investment? How will you prevent that from happening again? What do you need help with today that will move you forward tomorrow?

Those are great questions to ask!  It was a knee jerk reaction to many different factors.  One being that I personally needed liquid resources(cash).  I also had non-paying tenants that owed me, HVAC unit needing replacement, large trees hanging over property structure that suddenly died due to beatle infestation and college tuition due all at the same time.  I sold due to emotional triggers.  Reflecting back to that time in my life, a refinance would have been the ideal thing to do.  We all live and learn.

Post: Getting back to it

Brett WahlPosted
  • Grovetown, GA
  • Posts 3
  • Votes 2

I had formerly owned rental property, but sold.  Regret doing that, so I’m looking to get back into real estae rental investments.