All Forum Posts by: Orita Issartel

@Ian Ippolito I have to agree with that. Age is a big factor. Thanks

Thanks everyone for all the great insights!

@Dave Van Horn thanks for sharing the link to another post. 

@Franco Vallejos I don't like the risk of the stock market. Thanks for the suggestion. 

Wow! Lots of great answers and questions also. I think I'd like to do some flips and then passive income. I live in Miami. Prices in my area are beginning to slow down. I can't get a decent property for $150k as suggested by  @Michael Minor. Areas that are decent and still researched by retail buyers have a starting price on the lower $300k. 

Since I know my market fairly well and already have my crew in Miami I think I'll stick around there. I was thinking of looking into Vegas, but think the market there is saturated and starting to decline too.  

@John Thedford I have thought about HML but don't know how to go about it. I'd have to look into it.

@Dan Wickland I'd love to turn that $500k into 1 Mil. I'm sure gonna try. 

@Sam Shue  California is way too expensive for me. 

@Kelly Krezec I'd love to know about these properties. 

Thanks @Account Closed  my husband will absolutely not hear about mortgages. He wants everything free and clear. I would like to use some of this money with leverage to buy bigger properties but he won't go for it. 

@J Scott  Thanks for your reply. I guess I am looking for investment advice. My husband and I own 7 doors at the present time but are in the process of selling one of our duplexes. We want to invest some of that money back into real estate but would also like to diversify a little with some of the cash. 

Just a simple question hoping for some creative answers. Thanks. 

Here's what I found in the internet :

"Licensing. California requires property managers to have or work under someone who holds a real estate broker's license. The only exception to this law is for property owners who manage their own buildings"

Like everyone says check your state's requirements. In FL you need a license for that. 

There are tons of rental scams also right now.