All Forum Posts by: Debra Lamm

Ryan,

Hmmm. Thank you!  I tried and nothing happened.  I'll have to check java and pop-up setting.  Working with one Mac and one PC.

Hi Marlon,

Thanks! I'm still getting the hang of posting and replying! I'll get better at it I hope! I don't know how to mention someone yet. 

-Deb

Hi Tom,

Thank you!  I am going to follow the advice of others and stay close to home for now. I'll be looking in the Akron/Cleveland area.  Single-family fits my comfort level, but multi-family numbers look better due to the little amount of reserve cash and wanting better cash flow to start.  

Buy and hold right now because I don't have a network of handyman/contractors.  I am fairly well-versed in construction methods and materials, but short on time and manpower, so-to-speak.  I would love to flip and can see that in my future, but I need a reliable network first.  Wholesale is really out of my comfort zone, but you never know due to exit strategy, etc... not writing anything off.

I appreciate any advice--not looking to reinvent the wheel!! 

~Deb

Hi @Ryan A. I'm really excited about it all--just to be able to ask questions of other people who have been doing it for awhile!  I can pick a brain like nobody's business! 

Thanks!

Thanks, Rob!  I'm sure you will be hearing from me!!

I hope everyone caught my sarcasm when referring to my master's degrees...if I had to do it all over again, I would definitely have done things differently.  It does no good to lament, though, just turn it into something more profitable!

Thank you so much for the wonderful welcome! I'm looking forward to connecting to all of you. Networks matter. 

@Lori, I do think that I will find the multi-family appealing as I move along.  There are a few that I have analyzed that really make sense.  

Hello Everyone!

I am a newbie coming out of lurker mode.  I am originally from Pittsburgh, have been living in Akron, OH for about 18 years.  I am currently in higher education in enrollment management with several master's degrees, but have always been interested in all things real estate. For the past several months, I have been reading everything that I can get my hands on and listening to the podcasts. My plan is to use a HELOC on my primary residence for a down payment for my first rental. Right now, I know that I plan to invest in single-family rentals to start. I have little-to-no cash reserve...student loans, daughter in private school, and a long work commute (gas $$) have a lot to do with that. Bottom line--I don't want this to be all there is as I work for the next 20 years so that I can retire on a fixed income--so glad I have those master's degrees!!

I am going to attend my area REIA meeting this month, and hopefully, get this ball rolling!

I love soaking up all of the knowledge on this board and thank you to all who contribute.  I hope to be a PRO member sometime soon!

-Debra