Investor · Davenport, FL · Member since 2013 · 73 posts · 22 votes
Hi, I'm Charlie and I live in NY but have a few recently acquired (past 2 years) properties in the Orlando area. I have a great property manager who deals with the tenants since I'm so far away. So far so good.
Yes hoping for more. Bought the condo's from a cash out refi of primary residence (3%), HELOC (also 3%), and loan against my 401k (paying myself back with interest while continuing regular contributions). The house I have a mortgage on (total payment is $450/month rents for $1050/month minus 10% and first month to prop mgr). So pretty much tapped out of cash at this point but researching other ways on this site..
Welcome to BP! Even though I bought one town home in Orlando before leaving USA. I had been there only twice for couple of days in last 4 years. Hopefully you are doing OK.
Hey @Charlie Miller! Welcome to BP! It's great to have experienced folks join the site! Don't be afraid to jump in and help answer questions or ask some of your own.