All Forum Posts by: Ian Walsh

The HOA is always a concern to know how they are actually managing the funds and if there books are straight. Condos and vacation homes are the most risky plays during a market turn in regards to values dropping.

1% I find tends to be a bit tight.

Your most valuable asset is your age.  You have a lot of time.  Focus on learning your market and learning to market.  Keep the 12k. You won't need it to make it.

Once my real estate income surpassed my other income for 3 months in a row, I was ready.

Thank you for your service.  You will probably want to wait to save a few more bucks.  This doesn't leave almost any room for a rainy day.

If you are looking for investors, find good deals.  That is easily the most valuable thing you can do for them.

Up front fees or application fees are usually not a good sign.

Rental license and lead paint cert are a must.  You will have to get a lead cert from someone that is certified and the rental license you can get online now.

Learn your market and learn to market.  Make it work with less than 20k of that 100k.