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All Forum Posts by: Aruna Abdool

Aruna Abdool has started 12 posts and replied 36 times.

Post: Have you purchased land

Aruna AbdoolPosted
  • Posts 36
  • Votes 32
Quote from @Aruna Abdool:

Hi everyone. I am a new member. I currently own my own home and am interested in real estate investment as a 2nd income. Has anyone purchased land and if so, what have you done with it? Do people just hold land for a while until they figure out what they are doing with it and are there professionals that deal specifically with land purchases?


 Hi. My apologies for the late reply. I read the responses as they were posted but due to my own home renovation, I didn't reply until now. Also, trying to navigate this site via a mobile device isn't as easy as I thought it would be. It seems I can't reply to each individual post. Thanks for all of this good information! Each of you has valid points. It doesn't seem wise to purchase land without a plan. I am leaning toward a 1 family as my first investment. I'm debating whether I should take the Rookie Bootcamp class since I'm not sure where or how to begin.
 

Post: Have you purchased land

Aruna AbdoolPosted
  • Posts 36
  • Votes 32

Hi everyone. I am a new member. I currently own my own home and am interested in real estate investment as a 2nd income. Has anyone purchased land and if so, what have you done with it? Do people just hold land for a while until they figure out what they are doing with it and are there professionals that deal specifically with land purchases?

I'm a Pro Member and I don't have Market Place in my tools menu. I tried searching for keywords and no luck locating it so far. 

Thanks!

Hello! I appreciate everyone's warm welcome and advice. I read Eric Martel's, Stop Trading Your Time for Money, and became interested in real estate. If all turnkeys operate similarly, I would stay away from it until I'm a more seasoned investor. I refinanced my house last year and got an incredible rate of 2.875! I am never refinancing this house again :) 

Hi. I couldn't join the Newbie Bootcamp. I'm hoping to be able to catch the next one. My objective at the moment is to learn how/if I can invest in a single family rental property as a means of extra income monthly with little to none of my own money. I am a full-time employee in Healthcare IT, paying off debt, one income household and a homeowner. So far I've found the Basics article (10min read) most useful as starting point. 

Hi Nick. Welcome. I am also a new member. Rookie Boot Camp was closed. Hopefully, there's space in the next one. If you wouldn't mind, please share your experience after boot camp.

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