Hello from Greencastle Indiana

[Lucio Palanca]

Hello everyone. I am barely a year into this real estate business and am hoping to learn more from everyone. I have already ready a number of books and watched several videos and listened to podcasts. I bought one SFR and plan to expand. I have a timeline of about 10 years, because of my age. Any advice is certainly welcome

[Nathan Grabau]

The best advice that I can offer is more debt and more cash is a less risky position than less debt and less cash. If you have the ability to put less money down on a property, take more debt, and hold higher cash reserves you will be better off. When you have to evict a tenant or have a major expense, you won't be wishing your mortgage was $70 lower, you will be wishing you had the 10k in cash. Cash reserves is what allows us to weather storms.