All Forum Posts by: Elizabeth Bain

Thank you both! I appreciate the perspectives. This has definitely been a learning experience. I will prioritize location over cash flow next time! Just looking forward to seeing the light at the end of the tunnel.

I'm sure some of you have been in this position before... I bought a 10-unit building a year ago. I bought it for the cash flow, not appreciation, and I knew getting into it there was certain work I'd need to do, but I'm also finding out about other work that predates my ownership that wasn't done right that I'm going to have to address.  Additionally, I'm in the process of going through an insurance claim which is stressful. If you were in this situation, would you hang on to the property to recoup the money spent on work or sell and move on to something else? 

Basically, I'm curious to hear other people's experiences in dealing with properties where it turned out to be more than what they were expecting to take on. Thanks!

Hi Bigger Pockets! I've been listening to the Podcast for the past 2-3 months and am up to episode 97. I've played around a little on this site, but have a lot of exploring to do. I'm a Realtor in MA and I recently purchased a vacation rental home in Bartlett, NH. I'm looking forward to learning more about investing and connecting with other members.

I could also use some help! I've seen a couple other posts in the forums about vacation home owners in the NH area. I am in need of a new house cleaner up there and am hoping folks here can make some suggestions. Thank you!