Hi All,I've read some posts about achieving FIRE via real estate investing and I'm hoping to start doing that 2024.

- I purchased a foreclosure property in Maryland- in MD, the court has to ratify the sale... and this can take at least 30 days- the trustee mandated that we close no later than 15 days post ratification- I was ready, willing, and able to close per the date they specified- we decided to push out the closing a few days due to inclement weather- several weeks have now passed since ratification and they've continually delayed the closing- I'm on the hook for interest from the day I win at the auction until the day I close!

How do you erase a post?

You'll end up with similar income/expense profile but have all the upside you described in your post.

@Bart Van Leijsen this one is in chicago in the austin neighborhood, it was posted on loopnet, full rehab was not necessary, we did have to do 2 extensive unit turns but otherwise we're just taking care of deferred maintenance over the course of year one. would love to help you achieve your goals!

I don't post much, but had to post my January results doing a rent by room model for one month.

For the rest of this post, I will assume your goal is financial freedom.There are two location requirements for financial freedom.Rents outpace inflation.The rent continues for the rest of your life.Here is the problem with investing where rents do not outpace inflation.I was evaluating a location and determined the average rent growth rate was about 2%.

Hi everyone! I am part of a new family-owned investment company. We made our first purchase in September 2023, a rental property averaging about $3k in monthly revenue so far. Our second property was booked for 3 mont...

@Lucia Rushton Thank you for commenting on my post.  

Some post here on the Bigger Pockets Marketplace.