All Forum Posts by: Marisa R.

My strategy in the main is a mixture of buy and holds, developing, chasing rising markets.

I also believe its important to review my portfolio and get rid of my lemons, by this I mean the properties that are not performing, ie not cash flowing, appreciating in value, or simply there is no further upside as market is peaking.

Many investors don't like to sell, they love to collect..... but sometimes its OK to sell, especially if you can make more money with this capital

Anyone selling?

Really ticked off today a wholesaler in Atlanta offering me $50k on my property worth $150k..... how dare they..... lol

Thought I was going to say Yes

@Christian Hutchinson

Thanks Christian, getting harder to find the gems as market starts hotting up

@Joshua Lidberg

Hi Joshua

On average my properties been taking about 3 weeks

However if you go down section 8 route it will take much longer

No issues renting in Detroit....nice house in good areas

@Stone Jin

Nice

Pretty much whst I am doing, just continuing to grow income

Would also like to look at other income streams ie business related to property.... Still working on this

Not seeing a slow down in Atlanta or Detroit.

I expect that we are closer to the peak in Atlanta, but it will be fragmented. I think Beltline will keep buzzing along.

Detroit is ramping up.... no slow down here

Hey All

Just an update on this property.

Rented to a good qualified tenant at $900 per month.

This has been a little sweet deal for me..... Hoping to keep them rolling. 

Hope you all had a great year in 2018 and you made pots of money.

Just curious what and where you will be investing in 2019 if you care to share

Hi Dean

I don't know Brad? But certainly know of Michael Y and Steve McKnight. They implement different strategies but they have the same views regarding Australian property market, stats don't lie... ie auction clearance rates, sales volume etc.

@Jay Hinrichs

Hi Jay

I believe that was Emma, she now lives in the Bahamas, she did very well

Yes, interesting Aussies calculate gross rental yields only and they call this cash flowing, not even close.

@Dean 

@Dean Letfus

In terms of Interest only loans reverting back to Principal and Interest loans, as you can see from this article/link loans are now reverting and according to Reserve Bank of Australia will impact investors from 2018-2022 when many are due, as I said imagine tacking 40% onto your loans. We know Aussie properties are in the main negatively geared.

With the APRA changes many investors will not be able to refinance, and perhaps worse dependent on where their property is located and the product the values may not stack up. 

https://www.abc.net.au/news/2018-02-20/rba-warns-o...