All Forum Posts by: Eric Oszczypala

@Scott Morongell

I am looking into buying a multi family but smaller. I have been investing in SFR market and its been doing really well so far, but i been thinking about something bigger as my next investment to create bigger cashflow.

@James Murphey

House hacking is a bit tough with family, but doable.. I am looking for these as well, but in the current market and my area those are hard to find..

@Joshua Klein

wow, that sounds like a great deal, 60k and $900 rent, is this in NC area?

Great input here, I was thinking about partnering up with someone and looking into buying a large multi-family apartment complex.  If anyone is interested please DM me.

@Erik W.

Great input, I agree with you on people having 1 million and still worry about money.  I want to live a normal life, nothing too crazy, just having extra cashflow monthly would be very helpful, plus still working... I have multiple rental properties at the moment but trying to figure out if going with something bigger as my next move would be better in regards to creating better cashflow.

@Erik W.

1) What level of income would you need to meet your definition of financially free? 

$10,000 a month would be ideal

2) What is your reason for wanting to become financially free early in life?

I don't want to worry about money, i want to have extra income to help out and 10k would be enough.

3) What's your time-frame? 5 years....10 years....20 years???

10 yrs

More specific info from you should help us give better answers.

@Eric Carr

I wanted to see what would someone with 100k do with the current market, and to be more specific this is in regards to real estate investing..

@Bobby Shell

1) do you want to be active or passive long term? 

Active investor

2) What is your end goal of real estate, why are you into real estate?

My end goal is to become financially free, and still choose to work not because i have to but because i want to work.

3) Are you comfortable investing out of state?

Yes, but with someone i can trust locally..

4) Are you ok having that capital locked up for 3-7 years?

yes

I agree that i would partner up with someone, I am attending local meet ups but so far i haven't found anyone to partner up with..

What would you do with the current market and 100k to invest?

Albany, NY weather is harsh during the winter, make sure the house is ready for this type of weather..freezing pipes, heater not working properly etc.. is this close to the University there? are you going to rent to students?