All Forum Posts by: Meghan McCallum

@Meghan McCallum. I meant @Sharee Paulino, send me a PM...sorry Brian!

@Brian Medansky send me a message, I have an idea for you.

@Megan B. The market will remain good as long as Trump wins the election. You should have another year or so.

If you have another opportunity you want to peruse then sell, if you like how it's working for you now leave it and if you aren't sure, take out a HELOC. That's the best of both worlds.

@Leroy Wallace Jr Your answer depends how risk averse you are. If you want absolute safety, pay it off. Otherwise, continue investing, one BRrRRr at a time. Don’t stop either. Keep buying through the next recession. Don’t stop buying and BRRRRing until you have paid off your student loan with your normal payments. Then, when it’s said and done. You can retire.

@Conrad Pels Hey, I BRRRR'd my way into small apartment buildings from BRRRRing SF's and MF's. More people aren't doing it because it's a slow way to make **** tons of money. Everyone wants to move fast. And fast is slow. Syndications are so tight that the REiT's are struggling. If you find foreclosures that inspect well buy them. You make your money when you buy.

When you are working your numbers out for a vacation rental b ensure it can carry itself with market rent to reduce the risk of being over extended in the event of a market swing.

As a market swing WILL happen if Trump comes out of office. The economic indicators are screaming the weakness of our economy. I know, those of you who just read the news will ask me what I’m talking about. But, if you actually understand global economics you already know the inconsistencies.

BRRRRIng is the BEST way to buy and limit your risk. Wanna really reduce your risk? BRRrR the house but buy it with a lease option.

Never did. It was too far from me to know that I could keep close account of the property and tenants.

@Winter Jones Sorry I was away from the site for waaay too long. Look at all these brilliant people chiming on. I really like everyone on this post! Collab!

Right on all. I'm currently writing a letter to my ONE tenant who works for the USPS. Though, it is unlikely that I am going to see her job halted, I want to be sure my tenants know I am thinking about them. If anyone wants a copy just send me an email and I'll forward it to you for your review. 

As we can't post emails here, if you are interested in a copy please find my email in my profile.

then you can find it on my profile...

@Account Closed I haven't watched the news in over two years. Cable in 4. My information comes from the experience of being inside emergency management and preparedness within the capital. My fiscal insight comes from friends inside wall street. 

I'm not worried about my company, nor my tenants not paying. I'm worried about the new guys who haven't been taught what to do when trouble hits. This is a great time to have that conversation and pause from the incessant push to grow big, fast, and right out the gate. 

Yes, I'm familiar with RIFs. All of this. I was a fed employee. I got all my information from the CFR, not The American Thinker. 

A little fear here should be good for all of us.