All Forum Posts by: Matt B.

I'm new myself but I think which ever one brings you a cash flow that your comfortable with and fits your risk profile is the way to go.

Personally, I have been looking at turn key properties fixed up and managed by the same people. That is only because I am looking to invest in out of state properties. If I was buying a place in my town/city, I would probably want to buy a fixer upper at a discount, put the money, blood, sweat and tears into it and have it cash flow until the day I'm dead.    

Thanks so much guys. My costs are at a minimum, I only live off $100/week. I definitely want to look into the second job. That will help bring in extra money I can put towards the down payment. 

Hey all, I'm new to personal REI and had some questions. How did you all start off?

I'm 27, make good money but have bills to match my income so it's hard to save up. By bills I mean mortgage, student loans and a modest car payment. No other debts and I barely spend money. It's not that I have trouble saving due to over spending or leaving above my means. I have a budget but again my after tax income is about 105% of my monthly debt obligations making saving for a second property very tough. How did you guys do it? 

I think starting your first investment while in college is a great idea. It will allow you to build equity in yourself, hopefully get some cash flow and with a little luck, maybe even have the mortgage paid off completely before you seek your primary residence. Just my $.02