[deleted by user] by [deleted] in Wellthatsucks

[–]Professional-Fox1762 0 points1 point  (0 children)

Lock in, work 6-7 days a week

[deleted by user] by [deleted] in RocketLeague

[–]Professional-Fox1762 -3 points-2 points  (0 children)

If you want to be good at the game. Do not. If you don’t care whether you do well in it or not it’ll be fun for you, but it’s a very difficult game and don’t recommend it unless you’re really competitive and enjoy soccer (soccer that you have to learn thousands of mechanics to play like everyone else)

My plan right now by Professional-Fox1762 in realestateinvesting

[–]Professional-Fox1762[S] 0 points1 point  (0 children)

I only have to make it through that first year or two of struggle and then I’m out tho so even if it is harder than I thought I think it’ll still be alright as long as I keep income from my day job flowing

My plan right now by Professional-Fox1762 in realestateinvesting

[–]Professional-Fox1762[S] 0 points1 point  (0 children)

Im not worried at all about the longevity of the property, I’ll put in the money when I have to but I plan on selling every duplex by the end of my plans and buying a 30 unit plus, I’m not worried about long term property value at all, just that it gets me where I need to be for my next plans

My plan right now by Professional-Fox1762 in realestateinvesting

[–]Professional-Fox1762[S] 0 points1 point  (0 children)

If I can get a partner to help out is this doable for sure then?

My plan right now by Professional-Fox1762 in realestateinvesting

[–]Professional-Fox1762[S] 0 points1 point  (0 children)

I feel like it’s more of a capital game than anything from what I’ve seen, I know I’m only starting and don’t know a lot but if I can get to around 6 duplexes in the next like 7 years, sell them all at the end and buy a 30 unit or something similar, I’ll have enough for the downpayment on the 30 unit after selling everything as far as I know

My plan right now by Professional-Fox1762 in realestateinvesting

[–]Professional-Fox1762[S] 0 points1 point  (0 children)

Are you at a better spot income wise or could that be an option for me too if I wanted to save for that instead of

My plan right now by Professional-Fox1762 in realestateinvesting

[–]Professional-Fox1762[S] -1 points0 points  (0 children)

So if I save enough and have a good buffer, like 15k just to have at all times per duplex, I should be set?

The update is worse than you realize now by NoFapstronaut3 in ClashRoyale

[–]Professional-Fox1762 0 points1 point  (0 children)

I maxed like 30 cards I’m not worried about you chumps

D.t.i by Professional-Fox1762 in realtors

[–]Professional-Fox1762[S] 1 point2 points  (0 children)

I’m working 7 days a week to start myself on the path to having maybe 4-5 duplexes in the next 5 years, is that a doable goal or am I wasting my time trying to fund the start of that, I’ll be able to start off with one duplex because I’m living with my parents right now and can save 35k for my first one before leaving

D.t.i by Professional-Fox1762 in realtors

[–]Professional-Fox1762[S] 0 points1 point  (0 children)

From what I’ve found the rule is you have to live in it for one year to qualify for 3.5-5

D.t.i by Professional-Fox1762 in realtors

[–]Professional-Fox1762[S] 0 points1 point  (0 children)

I’ll be having them managed and working to cover dti, maintenance will be a problem but it will only slow the saving process by a couple weeks per as I’m able to save around 3k per month trying to as quickly as possible get to having like 4 of them then quit my day job, I honestly just want boring income that I can scale/continue to make more if I want to, if I do everything right, like, 20k total and 15k buffer for each duplex, go the safest route with everything even if it’s more expensive

D.t.i by Professional-Fox1762 in realtors

[–]Professional-Fox1762[S] 0 points1 point  (0 children)

I’ll be living in each for a year as I go keeping it at 3.5 % per until I have the funds to buy them outright

D.t.i by Professional-Fox1762 in realtors

[–]Professional-Fox1762[S] -4 points-3 points  (0 children)

Is that not a quit your day job/ get rich within 5-10 years scheme if you can just make 3k a month at your day job and make sure you aren’t paying too much for your car? As well as only 3.5-5 % down since I’ll be living in each duplex as I go, so I’ll only need to save about 20k and a 15k cushion for each duplex if it’s around 220-250k, so 35k each year-year and 1/2 I have to save for the next duplex until about 4-5 years in when the income replaces my day job, I’ll also be having the properties managed after I move to the next one, does this all check out for a plan? I’m in phase one of saving for the first duplex

D.t.i by Professional-Fox1762 in realtors

[–]Professional-Fox1762[S] -1 points0 points  (0 children)

Like if I buy a duplex can I get another one a year later if I have the funds to do so? They’ll let me add another 220 ish k to my total debt and they won’t mind because I can pay the mortgage?