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All Forum Posts by: Tyler McCracken

Tyler McCracken has started 0 posts and replied 22 times.

Post: Top 5 Favorite REI Blogs?

Tyler McCrackenPosted
  • Investor
  • Charlotte, NC
  • Posts 40
  • Votes 7

I'm a big fan of John Mauldlin..., his free blog is more of an email format that contains thoughts on macro events of our financial economy not only in the United States but the entire world too.

http://www.johnmauldin.com/

bottom right side is the email signup.

Post: Real Estate Income

Tyler McCrackenPosted
  • Investor
  • Charlotte, NC
  • Posts 40
  • Votes 7

I'll assume by your stating that you own a home and condo that you've already have experience in directly managing one rental and/or using a Property Manager.

You really don't provide enough information for a good answer.... Post more detail and you'll get better answers....

That being said, I would recommend Leigh Robinson's book called "landlording".

I would also consider no more than 50% cash down... Leverage can be good. The real key is getting paid for your investment though... you need to factor in true conservative figures for all expenses to determine your true Cash on Cash Return. Otherwise, if it turns out to average some 4-7%... and it's meant to be truly passive -then perhaps another investment vehicle (like dividend paying stocks) is your answer.