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All Forum Posts by: Kathryn Schimmel

Kathryn Schimmel has started 2 posts and replied 5 times.

Post: Pittsburgh Cashflow Game Night

Kathryn SchimmelPosted
  • Real Estate Investor
  • Verona, PA
  • Posts 5
  • Votes 0

REIA Pittsburgh is hosting Cashflow Game nights. Both Cashflow 101 and 202 are available. ALL (Beginners included) are welcome.

Dates: April 8 and April 23.

Location. Eat N Park in Waterworks Plaza 849 Freeport Rd, Fox Chapel (Pittsburgh) PA 15238

Game starts at 7pm

People buying and selling properties are welcome to mention it. We are open to doing business while playing games. Why not?

Post: Kathryn Schimmel

Kathryn SchimmelPosted
  • Real Estate Investor
  • Verona, PA
  • Posts 5
  • Votes 0

Mehran,

That's interesting about waiting to incorporate until I actually have a business going. To make a play on the putting the cart before the horse metaphor, I was getting the cart and hoping that the horse would appear.

Great advice, thank you

Kathryn

Post: Kathryn Schimmel

Kathryn SchimmelPosted
  • Real Estate Investor
  • Verona, PA
  • Posts 5
  • Votes 0

Jose,

What a warm welcome! With people like you giving me encouragement, I am sure that I will prosper.

Kathryn

Post: Kathryn Schimmel

Kathryn SchimmelPosted
  • Real Estate Investor
  • Verona, PA
  • Posts 5
  • Votes 0

Brandon,

Thank you for the advice. I intend to finish reading the beginner's guide today - then pop into those articles.

I like your idea of a move in flip. If I see one as I look at wholesale properties - I would like to run to you for some direction.

I really want to jump into getting rentals but fear is causing me to want to start whoelsaling.

Thanks again!

Kathryn

Post: Kathryn Schimmel

Kathryn SchimmelPosted
  • Real Estate Investor
  • Verona, PA
  • Posts 5
  • Votes 0

Hi Everyone!

I am VERY new to real estate investing, in fact, I listed my start date as July of this year. I want real estate investments to be the entire venue for my income.

I have a few month's of money in my pocket. I am guessing that I should start with wholesaling to get investing funds and a bigger personal emergency fund. But I also want to get investment properties soon so I can get enough cash flow to pay my bills. Is this moving in the right direction?

Also, when should I be incorporating? While just wholesaling or just before I buy my 1st property?

Oh, I live in the suburbs of Pgh, PA. Very sad about the Penguins maybe next year will be a cup year.

I want to start out investing close to home (Western PA) but am open to investing in a larger area as I grow in knowledge and expertise.

My next step is to read the ultimate beginner's guide and find the local real estate clubs. I am MOTIVATED and coach-able.

I am so excited to hear you wisdom. I promise that I will pay it forward.

Kat