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re: For the posters "of a certain age", how have you found a balance in your life?
Posted on 5/4/15 at 5:39 pm to Coastdog28
Posted on 5/4/15 at 5:39 pm to Coastdog28
Get involved. I feel like the RE knowledge is lacking over here so we really need more RE guys chiming in.
When it comes to personal finance and the stock market, you won't find a better board than here. Lot of good advice and smart people.
Are you doing rentals, flips or what?
When it comes to personal finance and the stock market, you won't find a better board than here. Lot of good advice and smart people.
Are you doing rentals, flips or what?
Posted on 5/4/15 at 8:21 pm to I Love Bama
I'm glad real estate is making a push in this thread. I'm 29 and own 3 single family rentals and I absolutely love landlording so far. As long as you screen tenants you will be fine. I'm either in this board or bigger pockets in my free time. Both are priceless.
Posted on 5/4/15 at 9:32 pm to I Love Bama
quote:
I feel like the RE knowledge is lacking over here so we really need more RE guys chiming in.
ahem
i told you before to start up a RE only thread we can all chime in on.
Posted on 5/5/15 at 9:01 am to I Love Bama
Im in commercial RE doing development. On the side though I've tried to pick up as many rentals as I could. Had a multifamily property in New Orleans and sold it a few months ago. I have a couple other rentals that I split with a partner. Unfortunately, trying to find deals that work number wise are few and far between.
We're not in the lower income areas where the 2% deals are found though. We're generally in the $90-$125k range and rents are 1.4-1.6%. Not bad, but not a home run by any stretch.
I've been looking for the past couple of years for a midsize multifamily property. It seems to be slim pickings though. Product is nonexistent and it feels like the market is topping out. Does anybody have any experience in multifamily?
We're not in the lower income areas where the 2% deals are found though. We're generally in the $90-$125k range and rents are 1.4-1.6%. Not bad, but not a home run by any stretch.
I've been looking for the past couple of years for a midsize multifamily property. It seems to be slim pickings though. Product is nonexistent and it feels like the market is topping out. Does anybody have any experience in multifamily?
This post was edited on 5/5/15 at 9:18 am
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