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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 8:57 pm to theoldwiseone33
Posted on 5/4/15 at 8:57 pm to theoldwiseone33
What is your investment criteria for your single family investments?
I've been hitting the 2% rule like a drum and even have one 3%. My market is gold for landlords.
I've been hitting the 2% rule like a drum and even have one 3%. My market is gold for landlords.
Posted on 5/6/15 at 2:25 am to I Love Bama
quote:
I've been hitting the 2% rule like a drum and even have one 3%. My market is gold for landlords.
Where are you finding these? I've tried a couple of areas (Houston, New Orleans) and haven't been able to find anything approaching that, using back of the envelope math.
I'm becoming more and more convinced that I'll be looking at investing in RE within the next couple of years, and it seems like doing a duplex or multifamily setup would make sense for me, given that it would allow me to continue to work full-time and also get somewhat favorable terms on a FHA mortgage, which would be more advantageous due to a limited credit history. I don't have the time or skills to flip a house admittedly, but I will have a decent amount of dry powder built up (and very few things weighing me down) within a few years to pursue something like this.
This post was edited on 5/6/15 at 2:35 am
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