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Updated over 6 years ago on . Most recent reply

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Jonathan Cox
  • Rental Property Investor
19
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62
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Positioning for RE investing.

Jonathan Cox
  • Rental Property Investor
Posted

Hello group, this was something that was on my mind. When you started how did you know you were positioned correctly to jump into RE investing.. What does that position look like?

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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied

@Jonathan Cox. Ample reserves, healthy amount of cash on hand and good savings rate from some other sort of income stream (job, business etc). Depends on your goals really. I would also add no other kind of debt. That would be student loans, car loan, credit card debt etc. only exception to the debt rule would be a primary house mortgage.

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