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  • Profile photo of Agent BlueAgent Blue
    Participant
    @agent-blue
    Join Date: 2014
    Post Count: 2
    March 3, 2014 - 3:18 am

    Nah.  One I sold at a loss.  One I sold with a slight loss of around $7,000 but I made $10K in rent over the period I had it.

    Profile photo of Agent BlueAgent Blue
    Participant
    @agent-blue
    Join Date: 2014
    Post Count: 2
    March 2, 2014 - 11:44 am

    Certainly sounds good in theory.

    I took $100K with me in 2005 and purchased two places.  Like your plan, they were both had potential.  One succeeded, and one didn't.  I pretty much lost $45K on one, which was put down to poor management at the time.  

    Luckily for us, since then, property management in the USA has come a long way.

    They certainly do things differently there in the USA which you will pick up!

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