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All Forum Posts by: Troy Palmer

Troy Palmer has started 1 posts and replied 5 times.

Post: In need of some directions

Troy PalmerPosted
  • Posts 5
  • Votes 4

I am blown away by all the responses. Thank you guys very much for sharing your thoughts. It really can become overwhelming, when trying to make certain decisions without proper guidance and mentorship.

You guys make me feel like Family.

Thanks again!

Post: In need of some directions

Troy PalmerPosted
  • Posts 5
  • Votes 4

Yes, I am open to that if the numbers make sense. 

Post: In need of some directions

Troy PalmerPosted
  • Posts 5
  • Votes 4

Thanks for the feedback Andrew. Also, she is aware of “Rich dad poor dad and so on. She’s just doesn’t have that passion for real estate like many females just yet. However, she does supports me in whatever I do. I think really, she is more waiting to see how things go.

Post: In need of some directions

Troy PalmerPosted
  • Posts 5
  • Votes 4
Quote from @Andrew Freed:

@Troy Palmer - Try to have your wife get on board. Have her read "Rich Dad Poor Dad." Listen to podcasts with her in the car. Set up a money date. It's going to be hard to utilize your wife's resources and expect her to move year after year without her seeing the vision. 

Also, I personally see value in investing locally (within 45 min away) first and gaining a decent size portfolio before going long distance. How are you going to know how to manage a property manager if you haven't done property management yourself? You kind of need to know what goes into managing a portfolio prior to managing someone else who is doing it. Just my two cents. 


Post: In need of some directions

Troy PalmerPosted
  • Posts 5
  • Votes 4

Hello everyone, my name is Troy. I will be 33 yrs old in September. In May 2022 i finally got my wife and young kids out of a Brooklyn apartment and now into our first house in NorthEast Philadelphia. The house was bought in my name through FHA and my goal is to buy another property after one year or so.(Still working on getting my wife to see the vision)

I am also planning on utilizing my wife’s credit to help us scale and I’m currently obligating my self on purchasing another property before this year is over. I am open to invest in Philadelphia but i am leaning on investing long distance into land lord friendly states. I am very open gaining as much knowledge as possible so I can “TAKE ACTION”!

What are you thoughts? 

Thank you.