All Forum Posts by: Twannisha Jackson

4-7 paid off properties, bought & managed well- could do well. That’s why it’s important to keep a day job. get some properties for retirement, get a business going- whatever you do keep the money coming in. I wouldn’t really count too much on living off just the real estate- I see it as icing on the cupcake. taking trips, paying personal expenses, etc. real estate can be a business but it’s not really a business, it’s definitely helpful. 

hi, you should start with house hacking at 3% down payment :) 

i’m shooting for greatness aka having the option to work or not. I'm shooting for the money. shooting to also help folks out; doesn’t hurt to make some money while doing it. I have one property, so far so good. i’m still learning as i go but i’m very hopeful :) i’m building a buy & hold portfolio right now. 4 properties is the goal. after that, some live in flips$$$. whatever comes my way, i’m here for it. 

hi, you should definitely hop on it! 100% financing sounds incredible. i’m gonna look around for something like that in my area, this sounds like a good opportunity. do ur research on the properties, good luck. 

*applause* i love this. I often wonder the same, so it’s really about…. how well you buy the property. truly depends on what you tryna do as well. very, very interesting. 

•fha loan

•use 3-5% down, use down payment assistance programs. 

•use the rent you will charge to help with funding with the deal- that helps out. “i’m gonna rent out a room/unit for xyz to help pay for the mortgage”. 

•have cash reserves please.

•get as much education about this house hacking as much as possible & focus on it- you can get carried away with all the other stuff out there. 

•have you ever worked with an investor?

•do you own any rental properties?

•how long have you been a realtor?

•do you have any investor references?

•If all fails, they’re main job is to house hunt whatever ur criteria is so just be on ur toes, don’t trust whatever “speculation” they have, use ur investor brain. don’t be afraid to say NO, because they can pressure you. 

*10 showings or two weeks (whichever comes first) move on to another realtor or realtor company. 

you got this.

https://www.ezlandlordforms.com/

Hi, i take the security deposits & take them to completely different banks from the rental cash. one bank holds security deposits, one bank holds rent collection. i’ll open more than one account with a little name attached to it so i know what’s what- to keep everything separate. especially my personal funds, they don’t even bank with my rental cash.