All Forum Posts by: Michael Randell

@James Krahula thanks for the post. Very interesting discussion not seeming to lean towards one way or the other...I'm curious James, what way did you go with this? Did you end up investing in index funds in the meanwhile? I'm looking at possibly going the same route but the stock market is pretty volatile lately. It seems that even with the market conditions lately, the returns on the S&P 500 will beat a 1.75% interest rate savings no matter what. Just wondering what route you decided on going with..

@James Wise @Schuyler Hayes @Rob Rothman awesome. Thanks for the time and advice guys, really appreciate it. Yea, now thinking about it, self management will definitely be the way to go to start out with. I will look into that Roof Schuyler, might help to keep things organized in one place, thanks. 

Best of luck!

Hello guys, 

Just a quick question, looking to see what more experienced opinions are on this...I'm doing all my research at the moment before stepping into real estate investing with a full time job (40-45 hours a week). 

I plan to owner occupy and I was originally looking at duplexes and figured that I will definitely be able to handle one tenant and understand that this will be a great learning experience going this route but I lean towards valuing my time (as we all do..) so lately I have been thinking about another option. That being, buying a 4-plex which will have the potential to bring in more cash flow to offset the costs of hiring a property management company. 

The way that I'm looking at this right now is that I'm looking at multifamily investing as my long term investing strategy. So assuming I will be buying more properties in the future, I will eventually be hiring a property management company anyways. Why not go with property management right from the get go?

Any advice would be appreciated very much, thank you!