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All Forum Posts by: Noelle Pritchard Barkley

Noelle Pritchard Barkley has started 1 posts and replied 6 times.

Post: Have $500k to start RE investing- wwyd?!

Noelle Pritchard BarkleyPosted
  • Rental Property Investor
  • Golden, CO
  • Posts 6
  • Votes 20

@Steve B. You’re so right. Thank you. πŸ˜¬πŸ˜‰πŸ˜πŸ‘ŒπŸΌπŸ§šβ€β™€οΈ

Post: Have $500k to start RE investing- wwyd?!

Noelle Pritchard BarkleyPosted
  • Rental Property Investor
  • Golden, CO
  • Posts 6
  • Votes 20

@Jason Allen That’s probably the best advice so far. I’ve got SO much to learn. A little daunting, but exciting! ☺️ Thanks for your wise response! πŸ’πŸΌβ€β™€οΈπŸ‘πŸΌπŸ˜

Post: Have $500k to start RE investing- wwyd?!

Noelle Pritchard BarkleyPosted
  • Rental Property Investor
  • Golden, CO
  • Posts 6
  • Votes 20

@Caleb Heimsoth

Yeah, I did consider that prior to doing so. Call me crazy, I was really curious to see if that would be the case. So far, it’s not. Just some truly solid advice from kind people such as yourself. πŸ’πŸΌβ€β™€οΈπŸ˜Š Thanks for your input! 😊😊😊

Post: As a new investor, what was the biggest mistake you made ?

Noelle Pritchard BarkleyPosted
  • Rental Property Investor
  • Golden, CO
  • Posts 6
  • Votes 20

@Steven Andrews Did you try nail polish remover? πŸ’πŸΌβ€β™€οΈπŸ˜‰

Post: Have $500k to start RE investing- wwyd?!

Noelle Pritchard BarkleyPosted
  • Rental Property Investor
  • Golden, CO
  • Posts 6
  • Votes 20

@Noelle Pritchard Barkley

BTW- I realize this post is crazy bold, and I’ll likely be dealing with tons of BS and vampires because of it. My eyes are open, and my guard is UP. However, I’m very curious to see the response overall. Call it an experiment in human nature, if you will.

Post: Have $500k to start RE investing- wwyd?!

Noelle Pritchard BarkleyPosted
  • Rental Property Investor
  • Golden, CO
  • Posts 6
  • Votes 20

It’s fun to dream about situations like this, but I’m not dreaming... And I do NOT want to screw this opportunity up. Asking for real advice.

We sold our Denver home for $800k, a cash offer, we close in exactly one month. We are moving to GA or SC, as I've always wanted to live in the South, and I have family there. ("We" is my husband and I, btw.) I want to start investing in real estate immediately- we need passive income, as neither of us likes to work a typical 9-5. I am thinking that rentals (with great hired PM, of course) is the way to go. I'd like to buy several SFH's, or multi-fam/duplex/triplex etc., outright with cash, so the income is immediate and I can re-sell easily, etc. Is this a solid plan, or am I not thinking of something?! Is there another avenue I should be considering? You know how you can get in a mental rut and get tunnel vision, and overlook the extremely obvious right in front of you?? I do not want this to happen to me, and because I'm new to RE, and investing, I fear I could be missing out hugely.

If you were me, what would you do?