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re: Information for my fellow Real Estate Investors

Posted on 1/26/16 at 3:24 pm to
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73213 posts
Posted on 1/26/16 at 3:24 pm to
quote:

It is a pretty addictive hobby.



it's like crack isn't it?

glad to see your successes! Keep us informed and keep sharing info.

I'm just sitting on the sidelines waiting out the economy. Maybe things will change when we elect a new POTUS. I think I will play it safe until then and save my money. Maybe by that time I can buy 3 properties at once to add to my portfolio.
Posted by stevengtiger
Member since Jul 2013
2778 posts
Posted on 1/26/16 at 3:28 pm to
quote:

Keep us informed and keep sharing info


Will do. After we had our third closed on and got lease signed with tenant, I was ready to sit on the sidelines for 6-12 months and see how things played out. My dad (partner) decided that since we set our goals in 2015 to purchase 2 properties and ended up with 4, we should make our goal 3 properties in 2016 and see where we end up.

He can't slow down. Put an offer on our fifth one on Jan. 8 and will probably close in early Feb. So much for relaxing for a while.
This post was edited on 1/26/16 at 3:29 pm
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