All Forum Posts by: Amit Kumar

@Jason Graves I'm in San Diego as well. Could I connect with you as well? Looking into out of state but it's a bit daunting without connections

I think it would only work for a 1-4 unit (residential loan).

Great job. Looking forward to hearing what you will have done in the next 5-10years!

Thanks for the informative post. I thought about investing with them about a year ago as well, but I was concerned about all of the guarantees – it seemed too good to be true. I’m glad I didn’t invest with them but I’m sorry to hear you had such a bad experience, I hope your future Real estate investments go smoother

@Mike D'Arrigo thanks for your input. I think ultimately every podcast and (most) stories are building wealth with the BRRRR strategy.

@Lana Efremova I'd prefer to do local deals it's just entry price point is so high it's a bit frustrating!

@Jay Hinrichs good to know I'm not alone. I got the book and listened to the podcast and part of me thought I was "over thinking" the whole idea but I remember over a year ago trying to get a contractor out to my house and only 2 contractors returned calls and showed up! doing this out of state seems impossible so I'm perplexed (not to mention jealous) of all these stories I read on here.

Jeff Schechter I want to be a buy and hold investor. AJ Singh I’ll look into the IE. perhaps I’ll find something there that will be better suited for me.

I agree it's a big undertaking. I did look into turnkey investments like @Tom Ott and

@Ali Boone do. I get concerned if that's the best way to invest. I think the trap that I fall into on this website is all the podcasts and stories make real estate investing sound a lot easier than it really is. 

I've been planning on getting a deal done. initially I was going to invest in an airbnb (out of state with people I know) but those plans fell through. 

After reading David Greene's book on Long distance real estate investing I wanted to give this another shot. I'm planning on investing in Florida (Tampa) - but I'm now having some anxiety over the process -- primarily finding a contractor. I have had difficulty having people come to my home for work, how will this work in another state where I don't know anyone! 

I think I just wanted to vent and say this out-loud (or type onto this forum). I'll take some deep breaths and try to trust the process and hopefully not lose any money

@Anton Ivanov impressive work!! I've been on the outside looking in for too long now. Up for a coffee or beer (I'm in San Diego too) to pick your brain. would love to gain some insight

I'm in San Diego as well and cash flow isn't the be all the all for me but I'm finding it difficult to not be in the red monthly - may I ask what areas of SD you're investing in?