All Forum Posts by: Jana Colgin

That is really good to know, thank you!

Thank you for the advice everyone, this was very informative and I appreciate everything you guys had to offer.  I am leaning toward the properties with a garage even though they're a bit more expensive.  It's good to see the opinions go both ways incase I end up with no garage, it's not the end of the world.  

I am narrowing down SFH properties in preparation for my first purchase. Of the 4 at the top of the list, two have an attached garage, and two do not. The houses with garages are $15,000 more. Is it worth a $15,000 higher list price to buy a house with a garage? I'm not looking to flip, but to buy and hold. These houses are in NC, so there's not much in the way of winter weather. I'm assuming it's easier to find tenants if your rental has a garage, but that the monthly rental income would be similar. Or am I wrong, will the house rent for a higher monthly rate with a garage? All advice welcome, thank you.

I'm pondering this same question.  I wish you had gotten some answers.  Did you come to a decision?  I am deciding between properties and wondering how important the garage is.

Hi Nicholas, 

I'm new too and I also read the real estate for dummies book cover to cover recently!  Best wishes in all your endeavors.  I'm sure your future is bright and exciting!

Thanks so much!  I will remember to come back to this thread when I have a relevant update!

Thank you for the advice guys!

I won't be able to manage the property myself, I'm on tour with a circus most of the year.  Sometimes I don't even have cell service.  For rental properties to be a realistic option for me, I definitely need to find a good property manager.  

That's one of the selling points of roofstock actually because they pre-screen 12-15 companies, select the best 2-3, then negotiate rates for their investors.  I am noticing that the listing prices are pretty much fair market value, so if I choose rootstock I won't be finding any deals in that regard.  But it is useful for me to have so much of the work done and it certainly seems like a more passive option.  Lots of pros and cons to consider.

I appreciate the tips a lot, thank you!

Good luck!  I wish I had helpful advice, but I don't yet.  I'll be studying for this exam over the winter.  I'd love to hear how it turns out.  Rooting for you!

Hello community.  I am a circus acrobat seeking a realistic path to retirement through real estate because who wants to wear spandex to work forever?  Not me.  Does it surprise you that a career in circus is not all that lucrative?  Probably not.  If you're curious, google Circus Stella.  I'm not Stella.  That's the dog.

I bought my first house, the house I live in, when I was 26.  I house hacked it before the term house hacking entered my vocabulary.  My roommate paid the mortgage for several years until my husband moved in.  

Now I've saved up a solid down payment for my first rental property and I'm ready to buy.  I want a boring, turnkey 3/2 to start out.  Currently looking real hard at Roofstock.  Since I listen to the podcast regularly, I decided now is definitely the time to join the forums and see what others have to say about the pros and cons of rootstock before I commit.  

Happily receptive to any and all advice,

Jana

PS.  My husband is actively searching for a used circus big top, so we're in the market for one of those too if anyone knows a guy.  God help me.