All Forum Posts by: Pamela Berkeley

Thanks so much Eric, I'll contact her!

Angel, I don't live locally. I plan on self managing when I move to the area in 1-3 years but I need someone locally for now. It does already have separate water and electric. Since I won't be living in one half, renting out two units justifies the property manager. 

I'm delighted to announce I have my first duplex (and first house) in Johnstown, PA. I'll need a property manager as I'm not currently local (our plan is to rent out both sides for now and move into one in 1-3 years.) Let me know if anyone has any recommendations and I'd also welcome tips for newbies!

Hello all!

I'm actually an expat living abroad right now, but we've decided to invest in Western PA in multifamily rentals, with the idea that when we move back we'll time it to move into one of the units and rent out the others.

My husband earned our money via crypto but I've convinced him to diversify into real estate. Our long term goal is PIRE. I am a SAHM who homeschools, so for now our rentals will let us function as a 2 income family while he works from home for his corporate job but the goal is eventually for him to be freed from the corporate world. I'm the handy one and will be doing the real estate work, but for now while abroad we'll hire a property manager.

We'll get more specific on the area once we actually buy our first property but we're planning on buying in cash so we'll have cashflow right away.

Pamela

I just wanted to say congratulations on getting your triplex! I'm planning on getting a multi-family in Pennsylvania too (though in western PA.)

I graduated college in 2008 into the crash. None of my generation at that time knew that was coming. Couldn't get a job to save my life for more than 3 months at a time and making $8-10 dollars an hour which just let me pay for my cell phone-- I couldn't even buy a car. I remember at graduation we were looking at the economy and saying to each other "I hope I don't end up working at McDonald's" and then six months later cheering and celebrating with a friend for scoring a job at Chick Fil A because that was a feat! Every job required "experience".  

I remember eyeing real estate then wishing but I couldn't even pay all my bills. The people a little older than me had already established jobs, and so they had "experience"; the ones younger than us had a little time to adjust, maybe adding a second major that was more resilient to the market. 

Basically I'm 35 now and we have only just recovered and are in a good financial place for the first time. And now I'm starting, I'm hoping to buy a multi family this month.

But that's my personal story of why I didn't start earlier.