All Forum Posts by: Alfred Dublin

I will be talking to lenders this week, calling around. I was wondering if anybody got any tips, topics, questions, and/or talking points they feel would be important?

This would be my first property, looking for a house hack 2-3 units would be nice. I also wouldn’t shy from a deal of a sfh that would postpone househacking. Lower end of capital and not eager for a money grab but still wanting to build capital and start this journey for my family and I. Goal ever building rental portfolio.

@Alfred Dublin I'm not saying you shouldn't call around, just be aware that no lender can/will really engage with you until there's an actual deal on the table. There are just too many variables to consider.

So, just make sure your calls are short and sweet: Get the high-level facts and then wrap it up!

Once you do have a deal, make absolutely certain the numbers make sense, and then circle back to your lenders.

Gotcha good to know! So should I ask about loan options or save that for deal talk? Thanks for the reply

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Hey everybody, hope everybody doing Good today!!!

I first want to thank this community and this platform for being such a help to my continued growth and education.

I will be talking to lenders this week, calling around. I was wondering if anybody got any tips, topics, questions, and/or talking points they feel would be important?

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Quote from @Jamie Parker:

Quote from @Alfred Dublin:

Hey I’m in the Augusta/North Augusta area and as I’m driving around it seems like new construction sfh, multi family, neighborhoods and more. It’s like everyday I see a new project starting.
What do this make you’re actively investing? (I’m not) house hackers, flippers and landlords. Are these good sites to see or threatening?

I remember growing up in memphis and going to the military. While overseas thinking "i dont want to invest in Memphis". Move back the states and stationed in Nashville. The biggest real estate boom I have ever seen in my life. As the prices got higher and higher cities like huntsville and chattanooga became the topic of discussion for buy and hold investors and flippers. I was working birmingham myself for an investor and I just didnt understand it. Fast Forward, I bought a property in Memphis last year and some how I get it. All it takes is a hand full of comps, new businesses, reasonable "average days on market" and an influx of population due to jobs and bam!! In these conditions an investor called it "the path of growth". I have seen it first hand. In 5 years its a whole new area, and if you get in early its better than bitcoin.

This was very informative!! Thank you !

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Quote from @Wale Lawal:

@Alfred Dublin

Absolutely! There are several books that can provide valuable insights and prepare you for house hacking. Here are some favorites among real estate investors:

"Set for Life: Dominate Life, Money, and the American Dream" by Scott Trench: While not solely focused on house hacking, this book offers practical advice on building wealth through real estate investing, including house hacking strategies.

"The Book on Rental Property Investing" by Brandon Turner: This comprehensive guide covers various aspects of rental property investing, including house hacking. It provides practical tips, strategies, and case studies to help you succeed as a real estate investor.

"House Hacking: The Only Real Estate Investing Strategy You Need to Build Wealth, Live for Free (or almost free), and Make Money Through Homeownership" by Ben Leybovich and Chad Carson: As the title suggests, this book dives deep into the house hacking strategy, providing step-by-step guidance on how to live for free (or almost free) through real estate investing.

"Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties" by David Greene: While focused on long-distance investing, this book offers valuable insights into property management, tenant screening, and other aspects of real estate investing that are relevant to house hacking.

"The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom" by Craig Curelop: Written by a real estate investor who achieved financial freedom through house hacking, this book offers practical advice, real-life examples, and actionable tips for aspiring house hackers.

These books provide a wealth of knowledge and practical advice for anyone interested in house hacking or real estate investing in general. Reading them can help you understand the principles, strategies, and best practices involved in successful house hacking endeavors.

You delivered for sure!! Much appreciated

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Quote from @Jeremy Jareckyj:

the book on rental property investing is what kick starting me

Thanks. Who’s the author of that one?!

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Any favorite house hacking books or books you feel prepared you for house hacking?

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@Andrew Postell Very much appreciated!! Yeah this definitely gave me more clarification.

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@Sean Lambert This is a property I was using for practice. In established downtown area. And could you explain how you use/think ab debt pay down and appreciation in you evaluation if you don’t mind. Thanks

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Atlanta, Georgia

@Josh Young thank you thank you!! I don’t completely understand buying the rate down but that’s just some learning I got to do.

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Atlanta, Georgia

All Forum Posts by: Alfred Dublin

Alfred Dublin has started 5 posts and replied 16 times.

Post: Talking to Lenders (Augusta,Ga)(North Augusta,sc)

Post: Talking to Lenders (Augusta,Ga)(North Augusta,sc)

Post: Wondering what a person with a investor mindset sees

Post: Wondering what a person with a investor mindset sees

Post: Any favorite Bookssss

Post: Any favorite Bookssss

Post: Any favorite Bookssss

Post: BRRRR and House hacking

Post: Am I doing this right?

Post: Am I doing this right?