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12 March 2015 | 11 replies
I'm pretty new to all of this (just closed on my second rental last month), so take it for what its worth.Here are my first thoughts...If I had 700k, I'd buy as many high cash flow properties as I could (probably 15-20 or so SFR) with 500k (down payments, plus closing and repairs) and keep 200k for reserves.If you buy smart, 15-20 properties could get you cash flow anywhere from $4,500-$8,000 a month right off the bat, no need to work at your other job for 10 more years unless you really want to.It is possible for you to go into "semi-retirement" right now if you use your $700k wisely.
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7 March 2015 | 7 replies
If I'm right, getting a 7/1 today means that I will have difficult choices to make in 7 years.
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10 March 2015 | 32 replies
That model was my only choice because when I started I had no money and very little income.
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11 March 2015 | 14 replies
It is installed and the place looks great.Given you are in a snow area, the tile may not be a good choice as tile doesn't self heat.
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8 March 2015 | 3 replies
My main goal is to network with like minded driven ambitious smart people who want to make money.
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17 May 2015 | 11 replies
There are two choices here, do nothing and let it go, or jump in and learn.
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17 March 2015 | 9 replies
There are a lot of choices for getting started in real estate investing.
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31 March 2015 | 10 replies
You have control and choice over your own decisions.