All Forum Posts by: John Kaftan

Hi Everyone:

I'm new to all of this.  My goal is to build passive income to help should I one day retire.  I am fainted by real estate and have done extensive remodeling on my homes.  I can do pretty much anything and have lots of tools.  I have 4 kids and a big time job and my wife works too.  We don't have much time and I don't want to blow it and miss my kids growing up.

So straight away I am thinking the following:

Look for a wholesaler to get houses from.  Yeah it's not as good for me but I'm not likely to ever pull the trigger if I have to go scrounging for deals due to my time constraints.  Then again I really don't have extra money so I may not have a choice.

I am not sure it is worth buying in my town because appreciation is horrible (Syracuse).  Is there a way to find out average appreciation in our area and is there ever a number when you just say no?  Or do folks invest anyway even when appreciation is pretty much nul?  When I think of going from no investments to buying in another town it really feels overwhelming.

Anyway, I really appreciate all of the info and I am studying like crazy to get up to speed.

Thanks

John