All Forum Posts by: Kelly McJunkin

@Mary M. Hi Mary! Thanks for your feedback. I have a good amount of experience with rehab projects, as I have done many on my own before. My father owns his own contracting business as well. Although, I would hire out for all work involved for time and efficiency purposes. I would not consider flipping out of my area, although I would love to do some other investing out of state.

We will be renting for a while once we sell, to make RE investing a top priority and keep our money available and not tied up in another primary residence. 

@Alexander Szikla What I wouldn't give to turn back time and make different financial decisions for myself as a young adult. Thank you for your input!

@Dave Foster YESS! This sounds like what I have been trying to piece together. Thank you SO much for laying that out for me. This is the BRRR method, brilliant. Thank you very much!

@Evan Polaski Thank you so much. A ton of good information here! Syndications were sparking my interest, and I've been starting to look into them as well.

@Allen Wu Am I crazy to feel a little nervous about a buy and hold right now? Sensing a market dip soon

@Derek Meyer Do you invest mainly in Florida for these multi family properties? 

@Kenton LeVay I think I may have worded my post incorrectly. I am willing to work and coordinate projects such as flips. So, not necessarily passive right off the bat- more so, what should I start with that will generate some consistent income while growing a portfolio?

I have been looking into out of state for rental property investments. Your suggestion of 1031 from flips to purchase a rental is a great plan. 

Hello everyone, I have been following the threads for a while, but just made my own account here. I will be selling my primary residence in San Diego County next month. It is absolutely a sellers market, so I am expecting around $450k+ back from equity. I'm ready to dive-into real estate investing, and am curious what you would do as a first-time investor to generate a passive income initially and get the ball rolling?? I am open to rental properties, flips and wholesale. I would just love advice to point me toward the best starting point as a beginner. Thank you so much!