All Forum Posts by: Sam Hurtado

Thanks in advance for taking the time to read this discussion and helping out!

I have an inside city limit house with 4bed/2bath home in great location that appraised for a little over 250,000 completely owned. We’re looking to sell as soon as possible but need a smart investment strategy after we sell to set us up for passive income. With many investment strategies out there to setup for great passive income, it gets a little stressful deciding which route to take.

What investment strategy would you recommend for someone who doesn’t have all the experience in real estate investing but some.

@Marlen Weber

Thank you for your input! In the process of looking for a deal around my area!(nw ga, Chattanooga, tn)

@Shaun Nichols

Wow, congrats Shaun! I completely agree with you and feel a lot more confident now after reading this. The points you made are true. Im probably just having analysis paralysis lol

After posting this and taking this information in, I feel more clear about what I should go for and feel a lot more confident. Now it’s time to just take action. Thank you for your input and time Shaun!

@Jonathan Greene

You have some great points by looking at it through a completely different and creative angle. I have renovation experience as I’ve done subcontract construction work on the side for some time. I haven’t done my own landlording but I do have friends and mentors who are wanting to help and will share their systems to get me going.

The two points that caught my attention most were:

1) Having more reserves since its potentially 3x and 4x the cost and problems.

2) uneven duplex idea

After looking at these two points I’m almost immediately leaning towards the uneven duplex idea. Probably a very simple and usual idea for an experienced investor but as a new investor, I probably wouldn’t have thought of it and I believe most wouldn’t also. Plus, I don’t know if I want to have so much reserves tied up to my first deal. I really appreciate that advice as it opened my eyes to look at real estate creatively and through many different angles. Again, something simple but something that possibly make a huge difference at any size deal.

Thanks for your time Jonathan!

@Suzanne Sevier great point Suzanne, thank you.

Looking to start investing with a house hack. I’m wanting to invest in either a duplex, triplex, or quadplex. With the current events going on would you suggest I wait? Or start with a different strategy? Thanks in advance.