All Forum Posts by: Jordan Tinning

@Gregory Schwartz 🙋🏻‍♂️

@Danny Chmaytelli out of state investing is hard AF, but no one tells you that going into it. Don’t do that while going to college. You may end up hating it. Buy a house hack, see if you like being a landlord then spread your wings to out of state when you aren’t working on your degree.

That’s my advice anyway, I’m relatively young and take a huge swing at two out of state properties that ended up working out but I wish I would have crawled before I walked if that makes sense. Lot of people are going to tell you go for it and build your team later but that’s a huge mistake.

For context, I’m a millennial, young dad, who works full time and I own over 7 figures of rental property in two different states, Idaho and Florida.

@John Williams that being a buy and hold investor would provide “passive income” lmao 🤣

@Sarah Reece Beth Johnson hangs around all the local REI meet ups here in wa. I'd get involved in the investor community here if you haven't already done so. Lots of people already doing what you're thinking about doing who are help to provide help.

@Jessica Carcamo I don’t want to hinder you in anyway but it feels like you are responding with ChatGP. Is that the case?

@Jessica Carcamo for context, I’m a millennial and I own 3 different properties (including my primary residence) in 3 different states (WA, ID, FL) valued at $2.3M.

While many people my age are barely surviving, or still living at home, I took huge risks, saved diligently, read everything I could get my hands on. After that I made a conscious effort to and connect and meet with as many people in the RE business as I possible and I still find myself in new challenging situations as LTR landlord. It’s not been easy, but it’s definitely worth it.

I say all this to encourage you to keep going and take action! There are lots of lookey loos on this platform that never actually do a deal. Don’t be one of them!

@Jessica Carcamo hate to rain on your parade but being a landlord is anything’s but passive. And both my rentals are in A+ neighborhoods.

My advice would be pick ONE strategy, read as much as you can on the topic (like flipping or house hacking), then surround yourself with people who are actively doing what you want to do successfully.

I just gave this advice to someone else. When you hang out with people who are actually doing deals you will eventually feel silly when you are the only one not taking any action.

Hope that helps!

@Mike Calvey

Millennial here and I own 3 properties in 3 different states one being my primary residence. I took the leap in 2021/2022 and it’s paid off big for me. Wouldn’t be able to afford these properties now and I have that low cost fixed interest debt since they are all in 30-year fixed mortgages.

It’s been stressful AF being an out of state landlord, but worth it in the end. I agree the hardest part is taking the plunge but after that you start to learn by doing and networking with other investors.

My advice is to set a goal and stick to it. Daily action goes a long way when applied diligently over a long period of time 👍🏻

@Kevin Si what to do with $1M? Give it all to me 😂

@Bud Gaffney your kids and grandkids will sell your portfolio as soon as you croak let’s be real 😂