All Forum Posts by: Eugene Rabinovich

@Steve Vaughan yeah, agreed. i am not too worried about my student loans since they are federal and they provide some tax benefits. As for my car, I have been going back and forth with my wife about it. I honestly love my car and my car payment is pretty low. Yes, its a great time to sell but its also a bad time to buy. I 1998 Honda Civic is selling for around $4000 in my area and thats not including maintenance and repair so in the long run its probably best to keep my car. 

Hi everyone,

I plan on investing in real estate I am conflicted...

Currently I owe $31,000 in student loans, I can't remember my interest rate but it's under 6%. I also owe $10,400 on my car and I have a $700 left on my credit card. 

If I were to focus on paying down my debt then I would be able to put an extra $662 (plus my minimum payment) towards my debt payment per month. If I were to focus on my car then I would have it paid off in under 12 months and if I were to focus on my student loans then I would be able to pay it off in about 3-4 years.

So my question is Do I pay off most of my debt or do I focus on using my money for a property?

by the way, I live in an apartment and I plan on buying a fix and flip or something which I can rent out after a year or two as my first deal.

@Philip Abbey hey just curious.. what did you end up doing?

thank you everyone for your answers, this forum has truly been eye opening.

@Brock Mogensen yes, networking is powerful and is something that I have been working on over the last year. Thanks for your response and time!

What are some tips for driving for dollars? also, what systems and applications do you use to maximize your time?

 Yeah, agreed. Charlotte is a wild market and there are a lot of surrounding areas that are growing like crazy. I am not opposed to investing outside of my market but for my first couple deals i will focus on my home market. 

i havent invested in anything yet but i am working on it. With that being said, i think Rock Hill, Belmont, Concord/Kannapolis and really anything outside of Charlotte are good areas. It really depends on your budget and goals. 

Hey everyone!

What cities do you see growth over the next 3 - 5 years & 10 years? also, how do you all determine which markets you want to invest in?

I am located in Charlotte but i want to invest in South Carolina. I am interested in Columbia, SC which is my home town but i am open to other markets as well. 

Hey everyone!

What cities do you see growth over the next 3 - 5 years & 10 years? also, how do you all determine which markets you want to invest in?

FYI i am located in Charlotte