Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago,

User Stats

26
Posts
4
Votes
Jeff Wright
Pro Member
4
Votes |
26
Posts

Time to do something already!

Jeff Wright
Pro Member
Posted

I have spent more than enough time reading books, watching podcasts, and doing all things a good noobie should be doing. Very comfortable running numbers, checking neighborhood and school numbers, working with comps, etc. And in last years life building teams and working tough situations for successful outcomes. 

What I need help with the most and ask for your help with is:

1. Where. I travel, so Im not opposed to traveling to new city to build team and do my due diligence with out of state investing. But what are areas primed for a good rental future? What areas are so saturated or watered down with renters that they are now less appealing? Long term rental is my plan A. Would a wholesaler in this location be a good way to find deals over the MLS? Your experience is your crystal ball, so what say you?

2. Financing. I took a year off work to travel with family. And loving it! So I have no employer right now, but have solid work and credit history. I also have a pocket full of money. Would love to find several 30-50k multifamily homes and pay cash, or better would be to find a great flexible lender. I call it semi-retured; Banks call me unemployed.  But even still, I need to crap or get off the pot!

3. How long did you research and analysis paralysis yourselves before you made your first move?  A year from now I will be back in my chosen profession as I was for the previous 15 years and financing will be better.  But a year from now I could also own 10 doors already too! 

Thanks all!  

  • Jeff Wright
  • Loading replies...