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All Forum Posts by: Tyler Winchell

Tyler Winchell has started 19 posts and replied 39 times.

Post: Anyone invested in Colorado?

Tyler WinchellPosted
  • Posts 39
  • Votes 4
Originally posted by @Travis Harden:

@Tyler Winchell just to be clear, are you trying to house hack? Airbnb? What will you be doing with the house? And where are you looking, Durango?

So sorry. I'm trying to get a steady passive income, rent the properties out

Post: Anyone invested in Colorado?

Tyler WinchellPosted
  • Posts 39
  • Votes 4

Looking to invest in colorado. But also have a home in bottom left of the state. Anyone else do this or know how I can. How much are homes. What about buying a complex under 500k

Post: buying rental properties

Tyler WinchellPosted
  • Posts 39
  • Votes 4

Thanks for responses guys, was thinking about it like if I havent done any realestate if I should buy 1 or 2 get the jist  of it and then buy a complex

Post: buying rental properties

Tyler WinchellPosted
  • Posts 39
  • Votes 4

ok so if someone was to come upon a few hundred thousand dollars (not saying its me its just if it was to happen) would you invest in real estate for rentals? how would you do it? start off small maybe buy 2 houses and rent out then few months down road finance the property so you can get all ur money back then do it all again? and maybe after a few buy a complex? just curious just incase it ever happens lol (praying it does)

Post: Need help with a best option

Tyler WinchellPosted
  • Posts 39
  • Votes 4
Originally posted by @Alex Nelson:

Hi Tyler,

This question is a bit difficult to understand, even with the questions being retyped, but I will do my best to paraphrase you.
It sounds like your questions is - Should I buy close to where i work now? Or should i buy 2-4 hours away from me?

If this is your question, then it all depends on what you're trying to do. Do you want to have a lot of rentals in the area that you self manage? If so then i would recommend purchasing close to where you live, or moving to wherever it is that you are purchasing. If you are just interested in owning rental property and not managing yourself, then go ahead and purchase wherever makes sense.

I think what is confusing is that your question makes it sound like you want to buy a rental property, but then everything you talk about sounds like you just want a primary residence for yourself. These would probably be looked at under a much different lens so it's difficult to answer that questions as it is asked.

 First part yes. So I'm trying to have a primary residence  with a job just incase investing fails. I'm trying to have it managed by a company I just didnt know what would be easier when I look for more realestate living in somewhere where I dont like but have realestate or somewhere i like but may be difficult  to purchase new rental properties. sorry for confusion

Post: Need help with a best option

Tyler WinchellPosted
  • Posts 39
  • Votes 4
Originally posted by @Nathan Gesner:

That question is kind of a mess. Can you try asking it again more clearly?

 So pretty much I'm trying to live in tennessee and buy rentals. But my problem is idk if I should live in the area of the rentals and get a job or if I find a good job and a home we love 2-4 hours away from the rentals should we go to the farther one even though the rentals are  far and trying to buy new may be a pain

Post: Need help with a best option

Tyler WinchellPosted
  • Posts 39
  • Votes 4

Haha yeh sorry typed while half asleep give me a bit 

Post: Need help with a best option

Tyler WinchellPosted
  • Posts 39
  • Votes 4

So in trying to get into renting in tn in a year when I move there. I want a nice house that I have some land to hunt and farm but my problem is when I first start me and my wife will have jobs but let's say we want a property that's 2-4 hours away and we know will do good how should we go about this, living in the area we want realestate and HOPE it works out and if not have to move to the house we want and get good job? 

Currently I'm in hawaii for another year should I buy a duplex in tn if its turnkey? And have property managenent?

Post: Hard cash financing

Tyler WinchellPosted
  • Posts 39
  • Votes 4

Hey guys, so when I start investing next year if I want to do hard cash loans how often can I do it? Like I want to buy a duplex every 3-4 months is that possible to do with hard cash and how do they work? If u do 1 year loan are u paying every month or at the end with intrest? Also what if I cant refinance or what are the chances of not getting refinanced