And we're in due diligence! Thanks!

[Ryan Easley]

Hello BP,

After a couple months of hunting we just got the contract on our first real estate investment! A couple of duplexes up in Rome, GA.  I just wanted to say a big thank you to everyone who makes this forum so great. It feels incredible to put everything I've learned and read over the past couple months into action.

I know it could still fall through for whatever reason; but, at this point it's safe to say I am hooked.  If you want to connect, chat, and hopefully make some money together I'd love to hear from you.

Time for me to get back to tax season! (And a friendly reminder of tomorrow's deadline!)

-Ryan

[Ryan Easley]

@Alex Capozzolo

Hey guys, thanks for the support! This tax season has kept me pretty busy not to mention closing on this and my personal home over the next month.  Exciting times!  

Quick update:

Inspection is tomorrow, with busy season it's a bit too much out of my day so my realtor and wife are running point on that. We are using private money to purchase with the idea of cash out refi within six months after a few value adds. (BRRRR) Pay back the investor and get into the next deal. My personal goal for us is to get at least a million in property this year, but if the right big deal comes along, I could adjust that figure.

@Alex Capozzolo Yea, I can really see this being a game changer. I'm excited to hit this deal hard but I've already got my eyes on the next.

@Collin Doss We got in contact a bit ago, but closing is a bit away still (4/19 for now) I'll follow up as the date gets closer. 

@Jade S. haha, thanks that's the plan!

@Gene Grey My biggest takeaway is how frustratingly slow/hard it can be to do a deal.  There were a lot of duplexes I wanted to offer on and start moving; but, getting people to move it along is surprisingly tough (a few are still on the market).  The wife just got her RE license though so we are going to start going crazy on throwing out offers.  Cash will probably be tight; but, I trust my math and her eye so if those two things make sense I am confident we can get the deal funded.

@Maurice Graham sounds fun, have you done deals with any one you've met so far?

@Jeff Kehl That would be great, and if duplexes/multifamilies aren't your flavor feel free to pass them on!