Long-distance real estate investing: my thoughts after 3 years.

Описание: Nightmare tenants, unforeseen repair costs, major appliance replacement, ongoing maintenance, property management miscommunication, it's been a lot.. Purchasing and owning my first rental property (specifically, a long-distance rental property) has come with challenges. As does any property ownership! As I am preparing the house for the next tenant, there have been additional expenses that have popped up and I wanted to talk a bit more about them and my thoughts all around on owning long distance rental properties and what my plans are going forward.🏠

00:00 - how I got here
05:50 - current situation
12:14 - legal charges against tenants
13:48 - would I do this again?
15:40 - am I going to keep this property?

Debt paid off to date: $143,849.31 ($99,978.42 in principal, the rest in interest) 😮‍💨

Hello!👋 If you're new here, my name is Rachel. I'm a millennial with lots of student loan debt.💰 I'm here to share my story as I push for financial independence and debt pay-down in hopes of inspiring others to feel that there's hope to get out from under their debt and take their life and finances back! If you need a little boost of motivation, you can subscribe for weekly videos.

💖Venmo @Rachel-Hickey-20
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DISCLAIMER: I am not a financial advisor or expert. I just love talking about personal finances and want to share my journey to financial freedom and help you get there too!