All Forum Posts by: Jordan Sugar

Thanks all so much for your feedback! I appreciate these points to consider

Hi all,

I am under contract for my first out of state investment, a duplex in Dayton. The property was previously managed by RPM Midwest, and I was wondering if anyone has recommendations for property managers. Any tips would be greatly appreciated.

Thanks!

Thanks @Ali Boone that helps! I'll try playing around to see how things look. I'll also look into the massage place for my wife! Have a great day!

 We have the opposite commute :) we work in Santa Monica! We're just off tapo. We had been living in Mar Vista but we have 2 young kids and Simi was closer to family. 

I do have a quick question for anyone who has thoughts. We got a 15 year mortgage, with 20% down, but we are currently on a plan to pay it off in about 5-6 years.

We had talked about purchasing investment properties after we paid off our house, but I am wondering if we should start sooner. I am reading a Robert Irwin book which suggests buying a home every 1-2 years as your primary residence, and renting out the previous residences as investments. However, my wife loves our house and wants to be here for a long time.

All this being said, does it make sense for us to look for investments now? We are currently paying more than double our mortgage to get rid of this debt, but we could slow that down to save for a down payment on another house. However, my understanding is that if the investment property is not our primary residence, the financing will not be as attractive.

Any suggestions? Thanks again!

Thanks so much for the warm welcome all!

Hey everyone! Found bigger pockets through the podcast. My wife and I bought our first home in Simi Valley, California last year, and we are looking to get that paid off in the next 5 years then start investing in other properties. In the meantime I was hoping to start learning as much as possible and meeting great people. Looking forward to connecting. Thanks!

Jordan 

Hi! I am interested in investing in real estate and I just discovered the podcast and website. I'm looking for a bit if guidance. 

My wife and I are in our early 30s and live in the LA area with 2 kids. We bought our first house last year. We got a 15 year mortgage, with 20% down, but we are currently on a plan to pay it off in about 5-6 years. 

We had talked about purchasing investment properties after we paid off our house, but I am wondering if we should start sooner. I am reading a Robert Irwin book which suggests buying a home every 1-2 years as your primary residence, and renting out the previous residences as investments. However, my wife loves our house and wants to be here for a long time. 

All this being said, does it make sense for us to look for investments now? We are currently paying more than double our mortgage to get rid of this debt, but we could slow that down to save for a down payment on another house. However, my understanding is that if the investment property is not our primary residence, the financing will not be as attractive. 

Any suggestions? Thanks so much!  

Jordan