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Updated over 3 years ago, 04/07/2021

Account Closed
  • New to Real Estate
  • Birmingham, AL
1
Votes |
1
Posts

I give in, explain it to my like I'm 5

Account Closed
  • New to Real Estate
  • Birmingham, AL
Posted

I'm a new investor, I haven't purchased a property yet, first time post. I would like to start out in SFH rentals and move into multifamily, eventually going bigger. I'm looking for cash flow, planning for generational wealth. I have a about 40k saved up, an investor willing to give me a shot, a list of homes I want to send direct mail. I have a few houses I've been watching on the MLS. I've taken a few finding deals and wholesaling courses. I've been reading books, blogs, post, listening to podcast, watching webinars, even tried to play with the calculators. And I still don't understand analyzing deals. I get to the numbers and it's foreign, I can't comprehend it. I've avoided posting because I feel so dumb not being able to understand it. This is the only thing holding me back, I would be unstoppable if I could just figure this out! Is there any where I can go or anyone that can be recommend that I can talk to? I'm not asking for a mentor, just someone that I could speak to, hear their voice and be able to ask questions. (If I find a mentor I wouldn't complain.) Also are there people willing to link up with others to do a deal together so they profit too?

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