All Forum Posts by: Jim Davis

Nathan - thanks for taking the time to reply.

Just added a handful of picks to our Amazon cart (e.g., The Book on Rental Property Investing by Brandon Turner, Buy, Rehab, Rent, Refinance, Repeat by David Greene, Investing in Duplexes, Triplexes, and Quads by Larry Loftis, and a few others) and will get started on those soon.

Like many things - was your first property the hardest to acquire? Being as this is uncharted waters for us my gut tells me I will almost get paralysis-by-analysis for scrutinizing any potential deal we come across. And once we get a "feel" for this new investment strategy it will be less mentally taxing to go into a second property and so forth.

My wife and I have become increasingly interested in diversifying our portfolio and investing in real estate. Most of our non-liquid assets are invested in a low-cost, globally diversified ETF portfolio, but see a lot of value in increasing our income and net worth through real estate.

So my question is this - if you were starting from scratch today, where would you start investing if you were going to be using your own assets? AirBnB? Long-term rental? Flip? We are interested in the prospect of starting with an AirBnB and leveraging that asset down the road to acquire multi-family properties and/or long-term rentals.

For context - and maybe this is why I'm a little "gun shy" - we live in the Dallas/Fort Worth metroplex where property taxes are asinine and homes are still selling well above asking prices and appraisal values.