Keep learning, build relationships, and take action—this can absolutely change your family’s trajectory!

It’s great that you’re ready to take action.

With an average monthly profit of about $1,175 after expenses, it’s proving to be a strong investment.If your parents sell their home and want to move in, you’d need to weigh the trade-offs—losing that steady revenue vs. the stability of a long-term tenant.

No action by the judge.An investor called me last week to tell me he had approached the foreclosed upon owner and purchased the right of redemption.  

Fannie Mac is a publically traded company, ticker FNMA (more later).These GSE’s were created to to promote homeownership by providing liquidity to the secondary mortgage market.These are GIANT housing players, and this is hard to understate.

I took action.

Right now, I’m focused on finding my first multifamily property to house hack in the New London, CT or Greater Boston area.Goals with BiggerPocketsI joined to connect with experienced investors, learn more about financing and property management, and take action on my first deal this year.

Now think of this "work" as a combination of trade school and actual work.

If this property is not in a great area for that or if the the property is in need or repair/ update,  then maybe the option of trading the property to a newer bigger Ltr is a good plan. 

Trying to figure out best course of action with available options.