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All Forum Posts by: Dana Black

Dana Black has started 1 posts and replied 6 times.

Post: Advice on how to keep going

Dana BlackPosted
  • Rental Property Investor
  • Minneapolis
  • Posts 6
  • Votes 1

Thanks for the great advice @Addam Driver 

Post: Advice on how to keep going

Dana BlackPosted
  • Rental Property Investor
  • Minneapolis
  • Posts 6
  • Votes 1

@JD Martin My ultimate goal is to be a full time investor. I want to get enough doors to hit my financial number to quit my job and have more time to focus on family and investing. With this specific property I want to hold it for a while because once I move it will cash flow really nice. There is also a new development that’s  being built 2 blocks up from me as well and the value has been on the rise since my purchase. I want to continue to do rentals and also get into flips as well. I hope this answered the question. 

Post: Advice on how to keep going

Dana BlackPosted
  • Rental Property Investor
  • Minneapolis
  • Posts 6
  • Votes 1
I’m having a really hard time trying to move on to my second deal. I purchased my 1st duplex almost 2 years ago and in that time I’ve had some financial issues that wiped most of my savings. Due to that I’ve been having a hard time trying to move on. I currently house hack and I was thinking of trying to take money out of the current home that I’m in to purchase another. I’ve also been thinking of renting so that it can pay for itself and an apartment and save up the funds for a new investment. I don’t want to make the wrong move being impatient but I ready and determined to get my next deal. Any advice would be greatly appreciated. Thank you!

Post: Proposing a West Metro Meetup Monthly

Dana BlackPosted
  • Rental Property Investor
  • Minneapolis
  • Posts 6
  • Votes 1

@Dave Crussel please let me know when the next meet up will be. I would love to come and meet with you guys. 

Post: Proposing a West Metro Meetup Monthly

Dana BlackPosted
  • Rental Property Investor
  • Minneapolis
  • Posts 6
  • Votes 1

I would be interested 

Post: House hacking?

Dana BlackPosted
  • Rental Property Investor
  • Minneapolis
  • Posts 6
  • Votes 1
I am currently looking to do the same. I am a beginner and this would be my first purchase. My question is why is it better to put less down vs paying more up front and make your monthly mortgage less? I read it somewhere but it wasn't fully explained. Thanks