All Forum Posts by: Tim Cooper

Congrats. That is a great way to get started. I bought my 1st house and lived in it for 2 years. When I sold it I bought another house to live in plus a 5 unit apartment building with the equity from the 1st house.

Keep at it!

When I have a tenant that I like in all other areas but they have bad credit, I charge 1st month, deposit as usual, plus last months rent. If they are able to come up with that, then they know they have a lot to get back when they are ready to move out and have always been good tenants for me.

Hi John,

As long as you do your research and invest wisely, Real Estate is by far the best investment you can make.

Tim

Hi,

I'm not exactly new to REI but I am new to BiggerPockets. Looks like a great place to be, and I hope to get to know many of you.

I currently own 4 units (one of which we live in) and have owned 7 others in the past. I have always believed Real Estate is the best investment there is. I bought my 1st house in 1988,

I am looking to purchase more rental income properties to supplement my income when I can retire in 5 years. I like residential apartments with 4 or more units.