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All Forum Posts by: Andrew Gunckel

Andrew Gunckel has started 4 posts and replied 6 times.

Post: How much cash flow in middle Tennessee?

Andrew GunckelPosted
  • Fairview, TN
  • Posts 6
  • Votes 1
@Chad P. Thank you so much for the input! That is very helpful. We have just started this planning process, we haven't gotten through the whole thing yet, or concluded all of our numbers yet. But I will definitely factor in what you have told me!

Post: How much cash flow in middle Tennessee?

Andrew GunckelPosted
  • Fairview, TN
  • Posts 6
  • Votes 1
Hey BP community. I'm in the middle of making my business plan with my partner, and while we were working some numbers we needed to know what our average cash flow would/could be? We are in the middle Tennessee area and plan on executing lease option strategies. Just curious as to what the average cash flow is around that area? Or info on how to find out? Just looking at MLS and working the numbers I have found that most of the properties I would even consider investing in average a $200-$350 cash flow. Just wondering if these numbers seem right to you all?

Post: Business Plan Outline

Andrew GunckelPosted
  • Fairview, TN
  • Posts 6
  • Votes 1
Amazing resource especially for newbies! Thank you! Jordan Gunckel

Post: New to REI but motivated and dedicated! Tips to start?

Andrew GunckelPosted
  • Fairview, TN
  • Posts 6
  • Votes 1

Hello all!!

I have done extensive research on REI and am sure that this is the career path I want to take. I have been watching every YouTube video I can, reading as many books as I can, and talking to every investor I encounter. I know that I am not quite ready to start investing myself, as I still need to do my due diligence and really 'gut' the business thoroughly. My main dilemma is determining which method to start with. I'm not sure if I should go ahead and get my RE license to dive into the business while I continue to learn and grow or not? My brother and I really want to go Into this career together, as we have accomplished many things in life together and know that we can create success in this as well. The stopping point, though, is that we can't decide if it would be more beneficial to buy and sell via a lease option, try to house hack, or get into multi-family residents? I know there are many pros and cons to every strategy, and we are open to all suggestions and strategies, but through the research we have done we seem to find these three to be the most promising when starting out. I am just curious as to see what those of you who have done and experienced it yourselves would recommend to be the best, most efficient way to begin this incredible journey trough REI! Thank you all for all the wonderful Information you offer :)

Post: REI newbie!! Middle Tennessee!

Andrew GunckelPosted
  • Fairview, TN
  • Posts 6
  • Votes 1
Hey guys! I have been coming to BP for about a year now for random real estate research and decided it's time to join the community and dive into my real estate career! At this point in my journey I have only done research and studying on the topic. I still am learning of course and would love any and all tips and or suggestions for new investors. If anyone has some good book recommendations I would appreciate it greatly also! My goal is to buy and hold as well as flip houses to begin with. I am in the middle Tennessee area and have already made a few contacts with some local realtors. I know I can't rush into it before I'm ready, but I feel as though I'm so close to the point where I can purchase my first investment. I figured this is the best place to find that extra push I need to make it happen! Thank you all for the wonderfully useful information!

Post: Real estate newbie!!

Andrew GunckelPosted
  • Fairview, TN
  • Posts 6
  • Votes 1
Hey guys! I have been coming to BP for about a year now for random real estate research and decided it's time to join the community and dive into my real estate career! At this point in my journey I have only done research and studying on the topic. I still am learning of course and would love any and all tips and or suggestions for new investors. If anyone has some good book recommendations I would appreciate it greatly also! My goal is to buy and hold as well as flip houses to begin with. I am in the middle Tennessee area and have already made a few contacts with some local realtors. I know I can't rush into it before I'm ready, but I feel as though I'm so close to the point where I can purchase my first investment. I figured this is the best place to find that extra push I need to make it happen! Thank you all for the wonderfully useful information!