All Forum Posts by: Ryan DeWitt

I'm looking for a bit of help in rentals. Someone out there to help me get started or even to sit down and have a chat with. I'm willing to provide my hardwork for a learning experience. I'm a jack of all trades guy and a hard worker. I know a handful of things! I'm tired of my 9-5 job and ready to work for myself. I'm trying to set an unrealistic goal of quitting my job in the next 6 months. I make 1200 a week currently, but I work in a trailer factory which is borderline suicide if anyone knows that kind of work. I currently own a SFH and already looking to buy a MFH, but a bit nervous and haven't fully came up its income. All at the same time trying to make make my own ideas to hit my goal. Selling candles, doing contractor work, cleaning cars, day trading stocks, blogging, etc. If anyone would be willing to help please let me know. I live 30 minutes south of South Bend, IN and 2 hours North off Indianapolis, IN. Willing to do a lot to escape my bone breaking job and the 9-5 life.

Right now I'm in the Carpentry union making 11/hr through the union hall in my area, but each area makes a different pay scale. You need 4 years to make full pay scale which my area is 27/hr, but areas around me are 40+/hr with great benefits. Right now I'm in my first year so it's slow, but I plan to buy rentals asap. Trailer factories around me make like 25-35/hr and I've already been in a few. What do I do? Is there any other way I should chase money or better career? Do I choose between these two or do something totally different? I'm just lost right now.

Well wouldn't I still owe money on the vehicles even if I sell them with the loan payments I'm going through and would it better for us to buy a house for ourselves at the moment? Also should I chase money and go to a trailer factory or stick it out in the union?

I need a bit of guidance with some of these questions/concerns I have with the path im taking in life! I'm so confused right now. I'm trying to save up the money to buy rentals at the moment but I'm having a problem with how to save up the money... I just started in the Carpentry union making 11/hr... and I'll get a raise every 6 months with great benefits and a good fall back career, but I used to work trailer factory that made me 25-35/hr. Which I wouldn't make in the union for a couple years unless I worked 60+ hours. I'm very good at saving money and would like to save more, but I rent a house with my girlfriend which is 600 a month and about 250-300 in ultilites and there is nobody else we can live with, we have tried, and moving friends in doesn't work. Now we made the mistake of getting cars and we each have a payments. Hers- 2014 Chevy Cruze 320/mo Mine- 2010 Jeep Wrangler 380/mo

Right now she works in a factory making 18/hr, which I hate her having to do that so much... She hasn't been able to go to college like she wants to and that's all I want for her. We are trying to find a house to live in for the moment and then rent out when we live all while buying more rentals while we stay there. I get advice from people who don't exactly have the best lives and haven't really done much for themselves and it just makes me feel stuck. So my question is what do i do...? I need some help. I don't have family and barely any friends and my girlfriends family isn't the entrepreneurial type. I've been listening to bigger pockets for about a year or so and been reading as much as I can. I'm dedicated and self made. I just need help from at least one person and everyone on here is so helpful. There are so many choices to make I'm just so stressed on figureing it out idk what to do. This is my first time asking anyone for help. Thank you.

In what order of the process should I go about buying a rental property? I know the big picture for the most part, but not really the detailed process. I'm on my way to buying my first property and still confused on it all.

Hello, I'm a brand new investor and was wondering what a good/great deal looks like with SFHs and MFHs when buying rental properties. I'm just curious to see some detailed examples if anyone has the time to show. I'm on my way to buying my first deal and I would like to also make sure I've hit every point and use whomevers deal to use as sort of a basis/comparison. Thank you.