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All Forum Posts by: Eric Madigan

Eric Madigan has started 2 posts and replied 5 times.

Post: Meeting Investors

Eric MadiganPosted
  • Investor
  • Ashburn, VA
  • Posts 6
  • Votes 0

Gotcha thanks Peter I'm new to all of this so any advice is highly appreciated.

Post: Meeting Investors

Eric MadiganPosted
  • Investor
  • Ashburn, VA
  • Posts 6
  • Votes 0

Sweet, thanks for the advice. 

Post: Meeting Investors

Eric MadiganPosted
  • Investor
  • Ashburn, VA
  • Posts 6
  • Votes 0

What's the best way to meet other investors with experience? 

Post: Advice for a young investor

Eric MadiganPosted
  • Investor
  • Ashburn, VA
  • Posts 6
  • Votes 0

Thanks for the response Garrett. My only concern with that is say I buy another house and then the market for that area tanks and I could no longer rent one of the two houses for a decent price wouldn't that put me in a tough position? 

Thanks, 

Eric

Post: Advice for a young investor

Eric MadiganPosted
  • Investor
  • Ashburn, VA
  • Posts 6
  • Votes 0

Currently I am 25, I have a good stable job and I bought a townhouse about 6 months ago. I rent out the other part of my house and pay about 1/3 of my current mortgage. I'm looking for advice to figure out what the next step is. How risky is it to invest in another piece of real estate and should I be looking for places local to me? I am trying to save as much money as I can currently so I can make another investment in real estate. I am very new to this whole process and really looking for some advice. Thanks for your time.