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re: Real Estate Investing......... New update pg 7

Posted on 2/17/15 at 4:22 pm to
Posted by stevengtiger
Member since Jul 2013
2778 posts
Posted on 2/17/15 at 4:22 pm to
quote:

I Love Bama


Appreciate it. I have seen you comment about RE on here and figured you would show up. Do you use a property management company or do you manage them yourself? I think I will be able to manage 3-4 without taking away from my 9-5 job but will not know until we really get going.
Posted by I Love Bama
Alabama
Member since Nov 2007
37739 posts
Posted on 2/17/15 at 4:27 pm to
I'm hoping to have #7 under contract this week. Honestly the biggest pain in the arse is finding a deal, buying it, making repairs to get it ready and search for a tenant. It's mentally taxing.

After I have a property rented, I almost never hear from them. I feel like I could probably manage 20 houses or so without property management.

Just take your time. You'll get better after each one. I look back at my first deal and think WTF was I thinking.

It still cash flows but not like the others.
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