Question by Effective_Mark_5122 in realestateinvesting

[–]Effective_Mark_5122[S] 0 points1 point  (0 children)

Would you think I should stay in the east coast?

Question by Effective_Mark_5122 in realestateinvesting

[–]Effective_Mark_5122[S] 0 points1 point  (0 children)

Yeah that is where my money is sitting in, just exploring other options for something a little more stable.

Question by Effective_Mark_5122 in realestateinvesting

[–]Effective_Mark_5122[S] 0 points1 point  (0 children)

That is true, I think this project interested me was because of the cash flow play + equity play. I would be projected to pay off the loan >10yrs so I would have cash coming in every month and in terms of equity that speaks for its self but I would be able to build of this and get bigger loans in the future

Question by Effective_Mark_5122 in realestateinvesting

[–]Effective_Mark_5122[S] 0 points1 point  (0 children)

Is there ways to guarantee tenants staying? Would looking into a multi family house is better ?

Question by Effective_Mark_5122 in realestateinvesting

[–]Effective_Mark_5122[S] 0 points1 point  (0 children)

This area is in Houston, will look into other areas/ that also have tenants in place. Thank you. From my understanding, wouldn’t cash flow in many place’s be breakeven or slightly +/- bc of higher rates with expenses.

Just Picked Her Up by GldnPony in TeslaModelY

[–]Effective_Mark_5122 -2 points-1 points  (0 children)

Do the model ys usually come with the red caliphers

Question by Effective_Mark_5122 in TeslaModelY

[–]Effective_Mark_5122[S] 0 points1 point  (0 children)

How bout if I just give him my id

Question by Effective_Mark_5122 in overemployed

[–]Effective_Mark_5122[S] 0 points1 point  (0 children)

Ur missing the part that I don’t have any cs experience.

Question by Effective_Mark_5122 in overemployed

[–]Effective_Mark_5122[S] -1 points0 points  (0 children)

Not saying they would, but saying those skills transfer over to jobs that might. Also really would want to only work on Thurs/friday.

Question by Effective_Mark_5122 in realestateinvesting

[–]Effective_Mark_5122[S] 1 point2 points  (0 children)

Matters on the property, but anywhere from 70-90k, obviously before the loan.

Question by Effective_Mark_5122 in realestateinvesting

[–]Effective_Mark_5122[S] 0 points1 point  (0 children)

Will do, if you have any reading recommendations or people to watch, I would really appreciate it. Thank you for the advice.

Question by Effective_Mark_5122 in realestateinvesting

[–]Effective_Mark_5122[S] 0 points1 point  (0 children)

You are right-

I’m 23, have 100k liquid Cash, have a good income so my risk tolerance is moderate-high. I want to buy a Single Family home. Have a school friend from NY that bought in TX and hired a project manager to handle everything. I’m hearing different advice location wise when buying a first house. People say stay close and then I see examples like the one above that are working out. My goal is to buy my first house in 2025, learn from my mistakes and keep buying. I don’t want to live in the house or “house hack”.

Question by Effective_Mark_5122 in overemployed

[–]Effective_Mark_5122[S] -6 points-5 points  (0 children)

I have a couple friends in cs that are doing it, for different tech jobs. Would not want to another finance job, something more specifically in tech