Time to cook up the perfect recipe of high earning property portfolio

Hi All,

Good to see many people like me curious to learn more about investment properties.
I have recently entered into the property market after a long struggle to save up enough deposit.

Hope to visit here regularly and gain/exchange knowledge.

 

Congratulations teetotal. Struggle = character building!

Well done. Look forward to reading more about your journey.

 

Well done, it's a tough one to hand over that hard earned cash and start something like property investing. What's the 10 year plan?

 

10 year plan is to retire (very optimistic, i know) .
But 5 years plan is to create a mixed portfolio of properties, ideally 5-6 properties.
My entry into the market is also a little different as i have only invested in OTP properties at the moment which will be ready in 2017 to realise the equity. So at the moment i have 1 and half year to save some more and once i gain some equity (hopefully) then i am getting into it with full throttle

 

My 10 year plan is also to retire. I'm also kind of stuck for the next year as that is how long it is probably take my husband and I to reestablish a credit history in the US (we relocated last year). I am absolutely dying to get my hands of credit. I often find myself checking out the local market in San Antonio and think, oh man. Yes - we could tap out credit cards and seek hard money loans to do it now......but then we would be forever stuck in a cycle of bad credit and high interest rates.

Like you, just one more year.

Just some examples of those I've been drooling over today.

8311 Clays Pt, San Antonio, TX 78250-2883 - 3 beds/3 baths

114 Noria St, San Antonio, TX 78207-7745 - 3 beds/1 bath

The first one is in an excellent school district and from photos, the fence needs requires but other than that, it rent ready. A bigger renov budget makes it a potential for a potential flip.

The second one is a rental.....its already renovated and for the price, potential rental return is decent.

 

First one looks good...looking at the price and i know what you mean when you say you are dying to get your hands of redit...

 

Looks like a fun working holiday! Head over do a Reno, watch a rodeo or two,then head home!

 

Well - one the bright side, I finally found a lender who is willing to finance property purchases to foreign / non-US citizens today. No more waiting around for my US credit score to improve.

 

Bit of a side-track from the Property investment journey and have now started up a unique online marketplace that'll help us all busy Property investors and bring jobs into local communities.

I think the time i have spent here has motivated me to go that extra mile.
Not only my knowledge on Property investment has increased but i was also able to think of ways to help fellow investors and came up with the idea of AirKeeping.

Reading 'Fifth Discipline' and 'Life in half a second' has motivated me to take the action.
"Our actions create our reality".

Hoping to help local communities and fellow investors via AirKeeping


P.S. - Property investment will also continue on the side