Updated about 5 years ago on . Most recent reply
Loving all the wealth of information!
Oh the hard part, introductions! Well I am currently in the Army, retiring in 71 days! Whose counting though. We currently own 4 properties, 3 in Pennsylvania and one in NC. I got started by buying a huge commercial space with plans to use some if it for myself. Well life happened and that didn't go as planned. The first floor tenant covers the mortgage and taxes, thats it! All maintenance and repairs are out of pocket. Yea lesson learned. 2nd property is a three story mixed use space, first floor commercial, and 2nd and 3rd floor apartments. That has roughly a 11% cash on cash return. Would be more but the 1st floor has been vacant almost the entire time we have owned it. 3rd property is well was our primary residence but will be turning it over into a duplex and renting it out at the beginning of the year. 4th property is a SFH in NC that is currently a rental but will moving back into it in February. So yea its been a rocky few years with the properties in PA but we have survived and have not been turned off by real estate. I want more! lol. I look forward to reading all these forums and continuing my real estate education!