All Forum Posts by: Paula Orty

Hi Alex, I have not flipped any sfh, but before you start you need a system to cover all your bases.  You need to educate yourself on markets, analysis of houses and the numbers.  Start with BP, watch the videos available and attend the webinars.  Good luck

I have done investing thru self directed IRA, but the most important criteria is networking. Join your local REIA and meet other investors and educate yourself in finances. A good start would be to read richdad poor dad by Robert Kiyosaki.

Have you thought of investing in commercial real estate?  If u are single, buying a small sfh for yourself is sufficient

and use the rest for investment in apartment complexes with 100-200 doors.

Or as someone else suggested, house hack and use rest of money plus rents to buy more real estate.

Being a long distant landlord is very difficult.  Unless you have lots of time and money you will go broke flying back and forth fixing, disputing, and managing an unruly tenant.  A property manager is worth the 8-10% they ask to manage your rental and tenant.

Missy, you could check with a property manager, they will be able to help with that question.