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22 November 2019 | 1 reply
Carrying costs will eat you alive.The longer you hold on to the property, the more stress builds up.Visited the town planner to ensure that nothing "big" was planned - new road, new development, gas station etc.
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15 December 2019 | 50 replies
It was stressful as my husband just graduated from college and didn't have a job offer on the table at the time.
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21 April 2020 | 11 replies
What should / do you include in your stress test for current deals based on your last experience?
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26 November 2019 | 15 replies
I wouldn't want to put all of my money into a house and then a couple months down the road a bunch of major repairs start to creep up and put stress on your financial situation.Personally, I always try to get my house in as new condition as possible before renting it out to people.
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27 November 2019 | 31 replies
No lease exists that creates uh oh's and unnecessary breach of performance stress if something changes.
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1 December 2019 | 35 replies
Looking for SFH or possibly another multi family in better neighborhood with a little lower ROI and less stress.
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18 December 2019 | 122 replies
If that is your total savings, you would be too stressed out in most cases.
26 November 2019 | 5 replies
We had this happen and it was a long stressful waiting game.
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4 December 2019 | 7 replies
@Daniel Kimthx for the comment. i should have made a stronger empahsis as to" inlaws"to the point where I dont mind buying the house for her or paying for the mortgage if shes ever sick or whatever life may bring.just wanted to take this as an initial step to RE investing to feel the mood~.and wantrd alittle more insight on technical difficulties or how to situate taxes. bank accounts and whether i should out this in my personal or open a S.corp.I should add that i have 2 retail stores and take home more than 100k extra in dividends on top of my 130k salary so a 100k home in suburbs is not too stressful in the worst case.Also wanted to watch the market and let my savings grow to 300kish in the next 1 to 2 years before i go house shopping in nyc suburb's. greatly appreciate your feed back !!
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6 December 2019 | 41 replies
Maybe we all need someone to dive in with to take some of the stress off investing in REI.