All Forum Posts by: Charles Carlton-Smith

That's great thanks Joe! Do rental markets go round in cycles? And can they crash?

Hi Everyone,

This is a great thread, it has answered several questions I had and it's great to read that building a rental portfolio is possible! Thank you all for such great positivity andvuesgul information.

@Travis: can you point me in the direction of information on commercial financing you mentioned as I would like to get a better understanding?

All the best,

Charlie 

Hi Everyone,

I am in the process of educating myself about real estate investing and am currently thinking about the rental market. This will be part of my strategy to reach my goals of owning property that generates a rental income.

Thus, can somebody guide me on how one determines the rental market potential of an area? I can think how to set a rental rate by looking at websites for rentals and comparing similar properties but this would not tell me how big/small the market is for that area. I imagine properties near colleges and universities, for example, would have many students looking for rentals but how does one actually understand the demand and therefore whether it is likely to be easy to find tenants and thus reduce vacancies?

Thanks for any and all help!

All the best,

Charlie

Hi Shaun, Thank you so much!  I have started the mammoth task of gaining knowledge from this site!  It's fantastic to have so much knowledge freely available in one place.

Hi Charles, and thank you!

Hi Paul, thank you!  I have just started reading your suggestions and they read well thus far!

Hi Keith and thank you too!  I am also trying out the webinars.

Hi Mike Hurney, and thank you so much! I looked at the report from your website and it does seem rather bleak!  House prices are so high in Boston!  And all three market inventories have dropped around 70%, 55%, and 80% respectively which to me appears massive!  What are the reasons for the inventory drop? Is it just normal for winter time and is expected to pick up through spring?  My understanding is that Boston is very expensive to buy property in now and rents are high due to demand being way higher than supply. What room does this leave for investors?

Thank you all for your warm welcome and I greatly look forward to discussing investing with you.

Thanks, Charlie

Hi Mike, that is fantastic thanks! I will email you now.

Hi Everyone,

I have been inspired to learn real estate investing as a means of making some money for my own down payment but also, ultimately, as a steady stream of passive income. With some luck and hard work I hope to be able to leave my current career path and focus fully on real estate.

I am a UK citizen and moved here three years ago to pursue a career as a scientist. I met a wonderful woman, who is now my wife, and I would like to further my interest in real estate by building it as a career. I especially love the idea of passive income and hope to really build on it with rental houses.

Currently my thoughts are to try wholesaling some houses to get me into the game with little money initially so that I can learn and build up knowledge and cash. Any and all help will be greatly appreciated!

Thanks for reading and I look forward to being a part of this community.

All the best,

Charlie