All Forum Posts by: Mitchell Lawmaster

@Ryan Thomson Appreciate the references Ryan learning and being more informed while saving money is probably best for me right now!

@Troy P. Thank you Troy you're absolutely right about just learning more and making sure my numbers are good before I do anything. I am actually in the process of finishing our basement and renting that out could be a great idea thanks! I'd love any book recommendations I appreciate it.

@Randall Alan That's awesome how you grew your portfolio so fast and at a later time! Thank you for your insight on the real estate market and I'm definitely going to look into the temporary house hack!

@Larry Turowski Thank you for your advice and words of encouragement!

Hey everyone my name is Mitchell and it's my first time on bigger pockets forum! I'm pretty new to learning about real estate and man have I been missing out! I recently read Brandon Turner's Rental Property Investing book and it's great. But the more I learn about real estate the more I realize all the mistakes I've made. I rented an apartment for 6 years, and then recently had a house built because of acreage passed down to me not realizing the cost and being taken advantage of by the contractor because of my naivety and loopholes in the contract. My wife and I had to use a big portion of our savings and a lot of our IRA for the down payment. Now realizing I could've used all that money to potentially house hack and not use our IRA at all it sucks. I don't know how I'd be able to get into real estate investing now with having a big mortgage payment. The only idea I have so far is renting out our house and buying a duplex using the house hack rule. Just wondering if anyone has other ideas. Thanks!