All Forum Posts by: Zack McCoy

It seems like most so far prefer physical copies.  I thought it might swing that direction, but was definitely curious to hear from other people their thoughts.

I couldn't find the best place to put this, so I figured it fit best here.  I'm going to be getting some books to read up on investing as my wife and I planning on starting some time next year.  I was curious how everyone preferred to read their books: physical or electronic?

I think I'm leaning towards electronic kindle versions, but wanted to see what others thought.  It just seems like it's easier to keep track of all of the books that way and they are all at your finger tips.  Not to mention, they are usually cheaper.

There was a podcast with a guy from Kentucky that had used social media to help find deals.  I believe he actually created a facebook group for his area.  I forgot the podcast name and number, but I'll look to see if I can find it.  

I remember the guest owned a shirt printing company and was from Kentucky.  It may be episode 242.

I didn't read every page, but another price point to consider when driving a lease is higher insurance cost for that lease.  Someone with an older car could have much cheaper insurance, but of course they may not have all of the bells and whistles that the person with a lease does.

I think this question has a lot to do with knowing yourself.  There are plenty of people out there that will saying buying is better if you keep it for a long time, yet they go buy a car and then trade it in for a new car in 3 to 5 years or right after the car note is paid off.  

Saying all of that, I am for buying a vehicle and trying to stick with it for a while.  If it's taken care of, then it could definitely save you some money by not having car payments forever.

I have a quick question as a newbie doing some research.  How do you identify a neighborhood as C-Class or B-Class?  Is it mostly opinion based to an extent?  I understand that some you can look at and tell, but was curious what were the obvious signs that it fits within a certain class.

I'd agree with Joe on this one.  Compare the numbers.  If you were set to make a good profit from the flip, then flip it and you may have enough for multiple down payments on more investments.

Maybe with the money you make from this flip you could possibly get a multi family and house hack it when you move to that area.  

I agree with Kevin here. Also, if you plan on living in one of the units you could look into FHA loans to further decrease the down payment you would have to pay.

You can search "house hacking" on this site.  It is a term that is used a lot and mentioned in a lot of the podcasts.  Getting use to house hacking early on before having a family and wanting more "privacy" is a great way to start.

@Seth Holland  What made your decision for purchase the rental on the side?  Turnkey or fixer upper?  

Thanks for the suggestion to look up the meet ups @Sam Wilson.  I'm in the same boat at Seth, but I will look out for the others!

@Aaron K.  Ah I see... Thanks for the clarifying.  Definitely true.  I have some learning that I need to do with holding multiple mortgages.

@Jonna Weber  Thanks for the advice! I definitely think that's going to be the way to start out.