Updated about 9 years ago on . Most recent reply

New guy in Sacramento, CA
Hi, new to the site, but have a little experience so far. My wife and I have a house we've been renting out for 2 years and are about to close on a duplex.
For now, we're looking to get the best return on the properties we have. We paid cash for what we have now, but in another year or two, I hope to talk my wife into using leverage to improve our return.
Long term, I might like to move on to apartments and/or flipping. We fixed up and almost re-sold the house, but held on to it for now. I'm good with the financials (engineering major, econ minor), handy, and enjoy researching properties and working on the stuff that doesn't require a license, so flipping is a good personality fit. But, I don't have the time now, with young kids and my day job.
I signed up to learn ways to better manage what we have and hopefully make good decisions on future investments.