John ChapmanThanks all for the welcome and helpful information.
Not much time right now so I'll get to it.
David Gellner:
I could potentially go either way, however I think buying rental property would be the way to go for me as I am looking for long term monthly income rather than lump sums from flipping. I like a to have a routine such as knowing rent checks will arrive monthly etc. So early in the game though, I have to do much more reading.
Ned Carey:
I am new to both, so yes I know it would require some time to get familiar. I would just assume with rental properties, after things are set it would be the easier to the two to manage overall. Regarding the "seeing returns in under 2 years" I cannot recall what the circumstances were, although the statement seemed very unusual even to me knowing nothing about real estate so I more or less ignored it.
Ali Boone:
Your method of investing sounds perfect for me. Question for you, is there much difference in what you bring in by having professionals handle most of the deal vs. handling it yourself? It would depend on how much of a headache it would be to handle things myself vs. having professionals involved. I would definitely be interested in learning about the particulars of your method!
John Chapman:
It seems like getting everything set up could be a major hassle. I don't even know how long the list of things needing to be set up is at this point, I have some reading to do!
Chris Clothier:
Thanks for the good word about Ali Boone. I just went through with a different type of short term investment I was iffy about at first until I got some confirmation from other sources, it helps!
I will definitely be in contact with her and keep my ears open. If you do come across any investors etc. in Houston please do let me know, thanks!
To all:
I am open to partners etc. as well.
Also, can anyone provide some info as to how to do the "@Name" etc. in your posts, and other general forum features?
Thanks again!