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All Forum Posts by: Evan Smeenge

Evan Smeenge has started 17 posts and replied 54 times.

Post: New Investor in the area

Evan SmeengePosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 56
  • Votes 23

All,

I also posted in the pro forum, but wanted to reach out to my local family. 

 I am new and really need as much advice as I can get

My first question is: what is my next step?

I am currently 100% owner of E&S Properties LLC. This was my first investment in myself and a small nudge to push me in the right direction. I am saving every cent I can to buy my first property. I have spoken to a mortgage broker and have joined BP as a pro. What do I do next? I have 2,000 in the bank (a long ways to go), and a passion for real estate and passive income.

Can't wait to hear all your thoughts.

Evan

Post: New Pro - SO EXCITED to be here!

Evan SmeengePosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 56
  • Votes 23

ALL,

I have been a free member for a year now. I finally said, screw it, I need to invest in myself. I am so thrilled to be part of this great group and an excited to have the support of all of you to boost my company. 

My first question is what is my next step?

I am currently 100% owner of E&S Properties LLC. This was my first investment in myself and a small nudge to push me in the right direction. I am saving every cent I can to buy my first property. I have spoken to a mortgage broker and have joined BP as a pro. What do I do next? I have 2,000 in the bank (a long ways to go), and a passion for real estate and passive income.

Can't wait to hear all your thoughts.

Evan

Post: Rhode Island - Starting Place

Evan SmeengePosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 56
  • Votes 23

Gentlemen, this has been very helpful! I deeply appreciate it. Now the goal and struggle is to convince my wife to take the leap.

Post: Rhode Island - Starting Place

Evan SmeengePosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 56
  • Votes 23

Hello,

I am feeling a bit discouraged. I have heard a few different things to know before you start. Notwithstanding my wife not being fully on board, It seems that there is a very little amount of monthly income that comes with rental income, 500 a month per house on average for a triplex? I guess my question is how accurate is that? What is the real benefit of focusing all my efforts on rentals instead of other possible passive income paths (if there are any). 

What are you experiences in monthly income per house, including mortgage.

I have ambition to succeed in real estate, my goal is to feel financially free for traveling, children, my wife's career ambitions, and many other reasons. I just need help.

Thanks