All Forum Posts by: Max Matthias
Max Matthias has started 3 posts and replied 3 times.
Post: Investing decisions for the future
- New to Real Estate
- Iowa
- Posts 3
- Votes 4
Hi everyone,
It has been awhile since I have posted on here, but am excited to get back in!
Currently all I own is a 70-year old house that I live in--it is in good shape but needs updates. I updated the bathroom/porch in the spring, and am finishing construction on a 2-stall garage (the previous garage was basically a large shed that I could not fit much in).
Moving forward I am considering one of the following options to put my money and build equity:
1. Continue renovating my current house--big projects would include finishing the basement (adding a bedroom/bathroom/living rm space) and putting new siding on (the current siding is probably the original). These will be more expensive projects, but the house would be greatly updated and more appealing.
2. Look at buying my first investment property (probably a house in the 100-150k range) and begin looking for a tennant.
I can imagine there a lot of different theories/ideas with what one could do here--I am just curious to see what other people think. Any advice/thoughts are appreciated as always!
Post: Strategies with paying off properties
- New to Real Estate
- Iowa
- Posts 3
- Votes 4
Hi everyone,
I just purchased my first house and am excited to get things started with it! I am interested in purchasing more properties in the future to use as investment properties/rentals as well. One question I had for everyone was how fast you worked to pay off your first house vs. save for another one to purchase/add to your portfolio.
Any advice/info would certainly be helpful!
Post: Getting Started with Real Estate Investing
- New to Real Estate
- Iowa
- Posts 3
- Votes 4
Hello everyone,
I teach full time for my day job and I am also looking to get started in real estate investing as well. I wanted to reach out toward other people who have experience--in particular, obtaining a loan to purchase a rental property and managing properties while working a full-time job are topics I am particularly interested in learning more about. I am completely new at this, so any information will be helpful to me at this point.
Otherwise I live in Cedar Rapids, Iowa--if you have any helpful information please do not hesitate to reach out!