All Forum Posts by: Jerell Edmonds

Multi family is my type . I needed to read this because I find myself going back constantly on my property criteria so my main focus is house hacking my way to least 5 . Then I think I will buy my first out of state property once I'm ready. Great post people need to read this one.

 I have a little but Indiana is the market I'm currently researching . But Oklahoma on my list for sure 

Like Matthew said just properly screen tenants. Have a criteria going forward with this process.  Be fair but firm with your choices.

One of my goals for this year is to buy a property OOS and another one in my backyard. But the most realistic goal I have is to get better at analyzing deals. Math makes everything better. How about yourself what's one goal you want to accomplish?

Congrats! Keep grinding it out my friend. One thing I wish I knew starting out was the true overhead of running a RE business it can be pricey if you don't run your numbers right. Another thing is not to rush I was in a rush to jump into RE but I'm glad I did it's all a learning process on what not to do for next one. 

Real estate is a long term game once you understand that it gets easier my friend . Definitely connect with more people on this that’s willing to share their experience. Knowledge is key 

You can still do both . I’m speaking because I love stock investing I  add every week. But honestly depends what you’re willing  to give up . I won’t sugar coat it when I first got in I didn’t realize the over head cost to run a business . MF investing can be great if you decent down payment I got lucky and got a grant. Also another thing I will say is appreciation & value adding is a cheat code . I just bought my first investment march of last year I gain over 50k in equity  . I don’t know how deep you’re in stock investing but just weight it out more 

Also look outside the area . Maybe even an hour out from Boston. Check providence. But not married & no kids this is your time to go hard ! Good luck don’t give up on your dreams on investing it’s doable switch your thinking you got this! 

Just jump in like Russel said . I waited years because I was scared I passed up a lot of houses in 2018 because I was nervous now I look back and realized how foolish I was . Boston is great area yes . You pay for what you get remember LOCATION , LOCATION! 

Don’t start a new job . Pay off debt . Rate shop . Have a 680-720 credit score . Look for grants . House hacking will be your best friend starting out . There is a new bill being proposed hopefully eliminating Pmi if that gets passed that would be a game changer . And the most important thing LOCATION,LOCATION , LOCATION .