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re: Real Estate Investing......... New update pg 7
Posted on 3/23/15 at 9:01 am to Delacroix
Posted on 3/23/15 at 9:01 am to Delacroix
quote:
Are you going to manage the property yourself or hire a property manager?
I am going to manage it to start things off. This REI is a complete side project and I have a full time job that keeps me pretty busy. Once we get down the road and acquire more properties, hiring someone may be needed but I can do it myself for now. I can't justify paying someone 10% unless I do it myself for a while to see how much work will be involved. Our goal is to have Air Force families as tenants in this area and hopefully they will not be high maintenance.
1
Posted on 3/23/15 at 7:28 pm to stevengtiger
Just wondering, what are your plans for this monthly excess cash flow (1300 - 710 = $590)?
do you plan on putting toward your loan principal, saving for repairs, allocate towards another property, etc?
congrats btw
do you plan on putting toward your loan principal, saving for repairs, allocate towards another property, etc?
congrats btw
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