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All Forum Posts by: Dawn Batts

Dawn Batts has started 1 posts and replied 2 times.

@Steve Hall

It's funny you say that. This question come from a conversation with a friend of mine who is also starting to plan some RE investment strategies. And the conversation started with that example of coming into a bunch of money at once

@Brian G. all those things are definitely factors and we are putting together and pin pointing specifics on our own strategy. We weren't really asking advice, moreso getting opinions. But so you can answer let put down some basics.

   Age: Mid 30s, job: decent and secure, pays all the bills now, goals in real estate: to build a passive income so that the job (over $100k annually) becomes optional. Market: no specific Mkt chosen yet, just wants to make smart deals and isn't opposed to remotely investing.

Share your thoughts on buying rental income properties starting with about half a million dollars. 

     The "why" is the important part of this question. If you are buying properties in the $100k range, do you buy the property cash, or put down a payment and pick up a mortgage? Why would you do what you do?