- Posts: 8
- Joined: Sat Jan 21, 2017 6:51 pm
I always find it intersting to see how local investors got their start. Did they inherit it? Did they invest wisely, did they win the lotto? How did they get to where they got.
- Posts: 13
- Joined: Sat Jan 21, 2017 7:36 pm
I started with my first home which was my primary property. Once we were able to pay it off we took out a home equity on the home and purchased a duplex with a mortgage which netted a small profit. A few years later we used out equity again and purchased a quad. Now we have 7 units and our primary residence. We aren't great investors we just try to keep costs low and keep good tenants that pay the mortgage. Luckily we haven't had any horror stories to talk about.