It sounds like the agent you worked with may not have been acting in your best interest, and I would strongly recommend finding another agent.

It sounds like you’ve been doing some serious groundwork with all the reading and research, which is such a strong start to your journey toward FI and retiring by 55.It’s awesome that you’re exploring real estate as an option, even if you’re not completely sold on being a landlord yet.

Think FL, TX, AZ, NV, and other southern states as the ones that boomed the fastest.On the flip side, the northeast ME, VT, and NY are still strong markets and will probably be the last dominoes to fall.I can't tell you what to do, but I am waiting until the middle of 2025/2026 before trying to catch a falling knife in the southern areas.  

I would consider selling, i’m not necessarily saying you should, BUT only hold if you have a very strong belief in the appreciation of this property. 

I live in SoCal so if I wanted strong cash flow I would likely have to look out of state.

There’s a strong demand from investors who specifically seek Section 8 properties for their reliability, so it can make the listing more attractive to the right audience.That said, managing Section 8 properties isn’t completely hands-off.

In terms of scaling to three to four multi-family properties, you could really start using the equity that you do have to your advantage. 

In Collin County, consider properties with strong appreciation potential in areas like Plano or Frisco.

Hi Willie, I think it would be best to wait until you have more capital to put down for a multi-family property. 

Hello! Curious what everyone’s seeing/thoughts on new construction, smaller multifamily projects as far as costs? Any estimates on price per square foot for standard 3 flat, no basement and basic finishes -3 beds 2 ba...