Hi Everyone, I am brand new to REI.  I just watched the webinar for newbies and I can relate to the description of the mentality that the typical beginning investor has.  It is overwhelming and nerve-wracking at times...

Go with quartz counters instead of granite. go with a Stainless steel sink since they're easy to clean, you can get stainless steel appliances on the cheap if you wait for a holiday sale.

The best world though is still CO in the summer and here in the Winter! 

Today is New Years day, a holiday.

Insurance of the two rental properties you'd plan on buying- Utilities and holding costs of the properties if not rented (like around here landlords have to pay water and trash and we have to keep heat and stuff on in winter to prevent pipes freezing and we have to keep AC on to prevent floors warping and such during summer)Those would equal the amount you need to be able to afford.

Hope all is well this holiday season!

I'm in Wisconsin where its cold and in my experience there are more tenants willing to move in summer than winter, and a 6 mo lease would move my turnover cycle from January to June which might be preferable also.  

Happy Holidays Everyone,We are excited to be purchasing our first investment property. 

Be Happy Now & Happy Holidays!

I'm in Wisconsin where its cold and in my experience there are more tenants willing to move in summer than winter, and a 6 mo lease would move my turnover cycle from January to June which might be preferable also.