All Forum Posts by: Caleb Heimsoth

I'd buy a cheap property

This doesn't meet the 1 percent rule so based on that alone your cash flow will likely be low

I agree with Carl Dean . I would buy 2 or 3 turnkey properties in probablt Ohio, KC or Memphis. If you go that route, just make sure you go visit the TK provider, vet them and get feedback from others who have bought through them. I can provide feedback for TK providers in Memphis if you want

Maria A A. Memphis turnkey, also operates in Little Rock. I will say though right now their demand for Little Rock is quite high.

I'd just raise it 50 bucks or so until the current tenants left

Joseph Salegna if you message me I'll give you honest feedback and answer any questions you have.

Maria A A. I just got back from Memphis visiting turnkey companies there. I met with Memphis invest, Memphis turnkey and buy Memphis now. If you want to PM me I'll give you my honest thoughts. -Caleb

If you come across as confident and knowledgeable, I'd imagine that would help a lot. My goal is too own two rentals by the end of the year and I'm 22

Mutual or index funds are probably best bet

As far as I know if you're under 59.5 years old you'll pay taxes and a 10 percent early withdrawal penalty