All Forum Posts by: Julie Walker

@Jacob Aguilera Well you are starting young and have that going for you 👍. I am 55 and just starting. I had saved enough for a down pmt on my first property when hurricane harvey hit and my primary residence flooded. After rebuilding the entire downstairs that money was gone. So now am working a second job, paying down hurricane debt, and will start saving g again in a couple of months. I also took out HELOC for a down pmt. But plan to be extremely conservative with it since it is on my home. Plan is to BRRRR and pay off the HELOC with a refinance. So for me, building a financial cushion but not putting off my first deal are both important to me. However, I do have the money to do repairs if needed on 1 rental. You will be so much more comfortable if you at least have a few thousand set aside for that.

Will there be an Augustine meet up?

So lovely! Great job!

Natural disasters may occur anywhere in the country so insurance up. My house is not in the flood plane. Never flooded in 30 years. But Harvey got us just the same. Don't rely on flood plane or windstorm requirements when making decisions or purchasing insurance. I wouldn't let that stop me necessarily.