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All Forum Posts by: Chrissa Carlson

Chrissa Carlson has started 2 posts and replied 16 times.

Post: Hello! New investor in Baltimore, MD

Chrissa CarlsonPosted
  • Flipper/Rehabber
  • Baltimore, MD
  • Posts 16
  • Votes 11

@Ned Carey thanks will do! Looking forward to learning and connecting here.

Post: Hello! New investor in Baltimore, MD

Chrissa CarlsonPosted
  • Flipper/Rehabber
  • Baltimore, MD
  • Posts 16
  • Votes 11

@Lamont Marable thank you!

Post: Hello! New investor in Baltimore, MD

Chrissa CarlsonPosted
  • Flipper/Rehabber
  • Baltimore, MD
  • Posts 16
  • Votes 11

Hi everyone, this is my new member introduction. I'm embarking on investing with my husband in search of financial independence and flexibility. We have very complementary skills--he's great at finance, analysis, and obsessively looking for properties. I'm good at project management, setting up systems, and the people side of things. We're going to start by flipping a few properties to get the hang of rehab then add in rentals using the BRRR strategy. Interested in connecting with other folks in the Baltimore area, others working with their spouse/life partner in REI, and other investor moms of young children.

Post: Seeking personal insight from other mom investors

Chrissa CarlsonPosted
  • Flipper/Rehabber
  • Baltimore, MD
  • Posts 16
  • Votes 11

@Dawn Brenengen this is extremely helpful! Thanks for your insight. I'm trying to keep the long term goal in mind, but what the commitment to pursue this means for my family in the short term is making me nervous. Thanks for giving some shape what it could look like.

Post: Seeking personal insight from other mom investors

Chrissa CarlsonPosted
  • Flipper/Rehabber
  • Baltimore, MD
  • Posts 16
  • Votes 11

@Dawn Brenengen, we're looking at doing a few flips to get a handle on acquisitions and rehabs, then moving toward buy and hold rentals for cash flow and building up equity. I'm anticipating there will be a good bit of time spent going to see properties to assess potential deals, and during the renovation process...but I'd love to hear your thoughts on the approach and the time commitment.

Post: Seeking personal insight from other mom investors

Chrissa CarlsonPosted
  • Flipper/Rehabber
  • Baltimore, MD
  • Posts 16
  • Votes 11

Hi there,

My question is not of a technical nature, moreof a lifestyle/confidence question:

My husband has been interested in and learning about investing for the past three years, starting right around the time my first child was born. I have resisted the idea as it's been a chaotic couple of years (marriage, two babies, two moves, both of us changed jobs, he lost his father, etc) and I've just wanted to be on cruise control when it came to our careers. But my current job dissatisfaction has me coming around on the idea. We have a good split of skills (him: financial, acquisitions, me: project management, general handiness), and we have the opportunity to work with a coach that we've researched and feel good about, which would include some joint ventures...and the accountability and focus of working with a coach seems like the only way we'd get the ball rolling given that we both work forty hours and are really stretched with our kids. My hangup is that the commitment would require a lot of evening and weekend time away from our kids. The long term is, of course, to have more freedom in our schedule to spend time with them, travel, etc. But while that sounds nice, I'm having cold feet committing to the idea of missing them so much for the first year or so until we can get to the point where one of us can part ways with full time employment...they are 1 and 3 1/2 years old. And what if the longterm vision doesn't materialize.

Any moms (or dads) who started investing while still working full time when their kids were very young who can offer insight? Bonus points if you were working with your significant other as a business partner.

Thanks!!!

Chrissa