I’ve been antsy about trying to get into real estate so that I can become financially independent and stop working these horrendous 24 hours shifts and on holidays at that.

I am also wondering how to come to a valuation, since I would be buying more than just the property (it is fully booked for the holiday season and the sale also includes all FF&E).

hey i am under contract on my first investment property, currently a 4/2 & 2/1 4600sqft duplex with a pretty easy conversion to 2/1, 2/1, 2/1 triplex.my wife and i are going to live in the bigger half and rent the smaller unit to take a chunk out of the mortgage.a family friend is fronting us the cash for the sale so we can close before the holidays, but i am taking out a mortgage to pay them back and using my existing HELOC for the down payment. i paid $120k cash for my house in VT in 2015, and in covid crazy times it was appraised at $180k for the HELOC. we are keeping the VT house, maybe airbnb or just rent long term.

And this is a timely post as I have sent candy to my investors around the holidays and am curious to hear what other investors have to share.

This allows me to avoid trying to find a new tenant during the Holidays and cold Texas winters. 

Both leases are up for renewal early next year (no, that wasn't planned and isn't preferable) so I want to give them a heads up before the holidays that rent will be going up.

The holidays are also generally a slow season as people don't like the idea of moving during this time.

With the stress of the holidays looming, I thought it could be fun to share the lighter side of real estate.

It was already a tight timeline but now with the holiday, I don’t know if it’s going to happen.

I know everyone is busy and I sincerely appreciate it.Which by the way, I could probably go on and on lol but I have to go for now because my cousin is flying in from California for the holiday and I have to rush over to Bangor Airport in the next few hours but again thank you everyone and I hope to be able to chat more with you all as I keep pushing forward in this new venture.