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All Forum Posts by: Mark MacDonald

Mark MacDonald has started 2 posts and replied 5 times.

Post: Timing is everything

Mark MacDonaldPosted
  • Rental Property Investor
  • Rotterdam, NY
  • Posts 5
  • Votes 0

@Jason D. Thank you that’s what I was thinking...especially being so new. I feel like if I had a lot more experience it would be feasible.

Post: Timing is everything

Mark MacDonaldPosted
  • Rental Property Investor
  • Rotterdam, NY
  • Posts 5
  • Votes 0

So I am still at the save and learn stage...books, podcasts, even occasionally do some side work with a local investor to get some hands on experience, while trying to trim fat and stash money. My question is this. I currently live in upstate NY and my wife and I would like to move south to maybe North Carolina in the next couple years. I’m not sure if I should start investing here or continue to save and learn and wait until I get to North Carolina before I dive in. Part of me feels like starting to build a pipeline and resources here is a waste of time if I plan to move...as well as the idea of having to either sell off or manage from out of state...the other part of me doesn’t want to wait a couple more years...then the time it’ll take to build that system before doing my first deal. Any thoughts or experiences would be greatly appreciated!

Post: Focused on self education

Mark MacDonaldPosted
  • Rental Property Investor
  • Rotterdam, NY
  • Posts 5
  • Votes 0

Thanks Shayne appreciate your input that’s a great point.

Post: Focused on self education

Mark MacDonaldPosted
  • Rental Property Investor
  • Rotterdam, NY
  • Posts 5
  • Votes 0

Thanks Kevin I have not done that yet just due to the fact that I wanted to get a little bit of a knowledge base so I don’t sound incompetent. Do you (or anyone else on here) think there is such a thing as too early to start going to meet ups?

Post: Focused on self education

Mark MacDonaldPosted
  • Rental Property Investor
  • Rotterdam, NY
  • Posts 5
  • Votes 0

So I’m very new to the real estate field, about as new as they come. At this point I’m focusing on education and my finances as I work a full time job as a registered nurse (9-530 M-F) and want to be smart about this. I’m really looking at this as a way to eventually bridge my career out of health care and into real estate investment and to begin to build a future for myself and my family as I just don’t see it happening punching a clock day in and day out. It pays the bills but it’s difficult to establish wealth with this career. Right now I’m really focusing on fine tuning my finances, eliminating debt, improving my credit score, working on building a savings and educate educate educate. I’ve been listening to podcasts and reading mostly and am looking for input in regards to other ways to prepare myself for the next step. Any recommendations would be highly appreciated! So far my background in real estate has been side work for realtors and property managers getting houses and apartments ready to rent or sell. Mainly cosmetics and minor repairs to the properties. So far I see myself getting into flips, rentals or buy and hold or maybe get myself started with wholesale or even real estate liscense to get my feet wet. Again any input would be highly appreciated!