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All Forum Posts by: Carole G.

Carole G. has started 45 posts and replied 155 times.

Post: What does it take to be a full time Real estate investor

Carole G.Posted
  • Investor
  • Durango, CO
  • Posts 163
  • Votes 57

You asked if you could work from anywhere in the world-If you are planning to buy and hold, it is best if you are within an hour of your properties. If you have to be a long-distance owner, then you need a very good property manager, which is NOT easy to find.
You can work from anywhere in the world, but in my opinion, it's best to LIVE near your properties.

Post: Hello

Carole G.Posted
  • Investor
  • Durango, CO
  • Posts 163
  • Votes 57

So what is the best way to finance ...say a 12 unit apt building for $600k-$800k?

Post: Hello

Carole G.Posted
  • Investor
  • Durango, CO
  • Posts 163
  • Votes 57

My spouse and I have all our properties and loans in our names together. Do they have to be separate to get 10 loans each?

Post: Trying to move up to apartment complexes

Carole G.Posted
  • Investor
  • Durango, CO
  • Posts 163
  • Votes 57

Why not buy a 5-10 unit for now? And let your equity grow in it until you can trade up to something larger.

Post: Hello

Carole G.Posted
  • Investor
  • Durango, CO
  • Posts 163
  • Votes 57

I have been a member a long time, but just now checking back in. I have been a landlord for 12 years. We own property in several western states. Single family homes and quads. Would like to jump into commercial size apartment buildings, but with the 20yr terms, don't see how the cashflow makes it worth it. So that is what I am looking for- why people say the larger apartment buildings are better, well, other than I know I am limited to 10 loans on residential, but unlimited for commercial.