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Updated about 1 year ago on . Most recent reply

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Leslie Cunningham
  • Homeowner
  • Riverside, CA
4
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9
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Hello BiggerPockets Nation!

Leslie Cunningham
  • Homeowner
  • Riverside, CA
Posted

I hope to learn from all of you about real estate investing success. My first attempt at renting my SFH resulted in bad tenants damaging my home and I had to fire my property management company. Ouch! I have a lot to learn, but I'm pushing forward. I have repairs to complete and I'm starting anew by house hacking. Note to self: never rent your newly renovated family home to tenants...it's too much of a risk and too heart-breaking. I'd love to hear from any real estate investors who live half the year abroad (Europe - especially France) and half the year in the USA (sunny California, in my case). I want to be YOU when I grow up. Please tell me what you did to scale up enough to have enough passive income to live in Europe for 6 months every year. Thanks a bunch!

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Drew Sygit
#1 Creative Real Estate Financing Contributor
  • Property Manager
  • Royal Oak, MI
6,486
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9,718
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Drew Sygit
#1 Creative Real Estate Financing Contributor
  • Property Manager
  • Royal Oak, MI
Replied

@Leslie Cunningham it will take a lot of work and/or a decent amount of time to acquire enough rentals to allow you financial freedom to travel.

But if you don't start...you'll never get there:)

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Logical Property Management.
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