X-ray technologist since 2015.

Leo Ray,Thanks for your reply!

Yeah, I had one old garage conversion I was trying to get permitted, I had remodeled it perfectly....and one Inspector wanted me to X-Ray the slab to show him the rebar.

@Brittany L GrammAs Ray mentioned above, I actually do a lot of House-Hacks, STRs, and more.

Quote from @Leo Ray: @Lin Ding you mentioned that you plan to refi in the future...the problem is, nobody knows when (or if) rates will go down (and in fact, they might be elevated for a long time).  ...the last time we had inflation this bad (late 70s/early 80s), rates rose and didn't come back down for a fairly long time (years)  --here's a graph of mortgage rates going back to the 70s:  https://fred.stlouisfed.org/se...I think all buyers these days need to be able to live with the property indefinitely at the rate they're buying it at right now. ...If a property doesn't pencil out at the rate it's being bought at, then it probably doesn't pencil out, period. 

Quote from @Leo Ray: @Chris Farinella as @Drew C Grossman a lot of it boils down to: rent does not increase proportionately to the price of the property.Why does rent not increase proportionately with the price of the property?

In the meantime any tangoble asset is a good buy aginst inflation alone  -Ray Dalio he is a smart guy, he has alot to say about this right now.

Quote from @Leo Ray: @Matthew Banks  if you want to be a successful real estate investor, self-managing your own properties (for a while) will give you invaluable experience--and without that experience, it will be very difficult to become a successful real estate investor (with or without PMs).Think of it this way: trying to manage a PM (or team of PMs) without any property management experience is a bit like trying to manage a car repair shop with zero experience fixing cars, or trying to coach a team to an NBA championship with no basketball experience, or trying to manage a law firm with no legal experience. 

Quote from @Leo Ray: @Carlos Ventura you said you're a beginner, but BRRR'ing is an advanced strategy. 

Quote from @Leo Ray: @Pat Rach if I were your age, I'd be doing everything possible to prepare for my first house hack (e.g.; saving money for a down payment, analyzing potential house hack properties, talking to mortgage brokers to understand what you need to do to qualify for a mortgage, studying up on house hacking strategies, etc., etc.), and then, as soon as I was old enough to qualify for a mortgage (and had the money), I'd house hack a property every 12 months until I hit my limit of owner-occupant mortgages (usually 10).In my opinion, house hacking a single fam or small multifam property is the single best way for people to get started in real estate investing--especially for a young adult.Why?