All Forum Posts by: Tommy Curtis
Tommy Curtis has started 2 posts and replied 3 times.
Thanks Ryan! The simple idea i mentioned above sparked my interest in real estate and ever since i came across this website I cant stay away. Spent at least 3 hours a day every day plastered to my computer reading and planning! i cant stay away!
Im sitting here just pondering different ideas and was wondering if buying a house and renting out the individual rooms (while living in one) is an ok way to make my first investment. Im currently just educating myself and planning for when i finish my degree. The way i see it I will be paying for a place for myself to stay anyways. I figured why not rent out the individual rooms and take all the rent money to save up for a down payment for my actual first deal.
Does this sound like an ok way to introduce myself to managing renters, buying property, and other aspects of being a landlord? Or is it a waste of time and should i be planning to just save up and start by investing in a full rental.
A side note is i will have a job and have enough income to make the payments and live off of anyways.
Post: What would you pay?
- Grand Junction, CO
- Posts 3
- Votes 0
http://www.realtor.com/realestateandhomes-detail/5...
Just wondering if any one would be willing to look over this listing and tell me the price you would pay, and why.
A quick note is i have no interest in buying this so completely disregard the listing price and just let me know under what conditions you would invest (or if you wouldn't at all).
feel free to add in theoretical examples, such as repair costs.
I am very new to real estate and learn best by example. I can read something all day long but wont get the hang of it till i see it in use. I just want to see an example of how some one with experience would break down a listing such as this and make a decision.
Got any other tips, examples, or advice for someone still educating themselves in real estate? Definitely share!
Thanks!