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All Forum Posts by: Sean Ade

Sean Ade has started 34 posts and replied 83 times.

Post: First time investor

Sean AdePosted
  • Real Estate Agent
  • Posts 87
  • Votes 25
@Pedro Torres it is thats why I would consider investing in Raleigh even though I don't live there my brother does. But I'm stuck between house hacking myself or in investing in less expensive property and having a partner across the country

Post: Is Wholesaling for expensive markets?

Sean AdePosted
  • Real Estate Agent
  • Posts 87
  • Votes 25

Hi BP

As a beginning investor a lot of signs point you in the direction of wholesaling. Living in Portland Oregon I hear a lot of mixed reviews about this strategy.

What I've come to start thinking is wholesaling is really only practical in less expensive markets. Most people I've met here have stressed that it is not worth trying in Portland and I'm better off finding a rental investment. 

Thoughts from anyone who has done wholesale investments in both expensive and inexpensive markets?

Post: First time investor

Sean AdePosted
  • Real Estate Agent
  • Posts 87
  • Votes 25

 Hey BP

I'm planning to buy my first property in the near future and am looking for some investment tips. I've narrowed my options down to two choices.

1. House hack a single family ADU or Duplex in the Portland, OR area and live in half and rent half to minimize my rent costs as much as possible / live for free.

2. Invest with my brother in Raleigh, North Carolina where prices are a fraction of the cost. I would put up the money and my brother would live in one unit / manage the property and we would rent the 2nd unit.

I'm in my young 20's and looking to start my career on the right path. I see the pros and cons to both sides but would love to hear your feedback!

Thanks!