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Updated about 7 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Christopher P.
  • Investor
  • Duluth, GA
1
Votes |
5
Posts

New to the game - 1 rental

Christopher P.
  • Investor
  • Duluth, GA
Posted
I’ve met my first goal and did my first dean within 4 months of beginning (before 2017 ended) The deal actually came from my friend’s mother in law. My focus is buy and hold. I study, read, and listen to podcasts and videos passionately( havent watched more than a few hours of tv since the day I began. I did get a real estate license and hung them with a broker, here in Atlanta. Replacing income with passive income is my goal. Financially Free I mainly have 2 questions 1. How to set great rental property perameters for cash flow deals as a beginner? Even with MLS access I’m not yet comfortable with my relentless analysis. I did literally just start and have had not training so still learning on the realtor end as well. 2. How do people seem to gain so much traction to add multiple rentals per year? I have great credit but after the first deal which was awesome by the numbers, I feel stagnant, due to lack of funds. I don’t feel confident enough yet for hard money. 3. Any advice on top of that would be awesome. Bigger Pockets really has been a great source of information.

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