All Forum Posts by: Brent Tyler

Hello Curt,

I know this is an old post, but I'm curious if you ever purchased anything in Sanford.  I'm a potential investor from CA and have family up in the Raleigh area.  Was looking around their area for deals and found a few properties in the Sanford area that could work for buy and holds.  Did you ever pull the trigger and invest in the area?

Hello Chris,

My story is very similar to you.  I've got a few kids of my own and want to get into investing.  My wife and I are currently saving up to get into our own investment, and I'm taking this time to learn as much as I can.  I'm curious if you've taken any steps forward in investing.  I'd love to know if and how you started.

Thanks!

Brent

Just to clarify about my question concerning Morris Invest.  I've read plenty of threads here wary of his company.  I'm much more interested in hearing from someone who has first hand experience through the entire process, either good or bad.

Thanks again!

Brent

Hi Bigger Pockets community!  I'm a complete newbie and just discovered Bigger Pockets!  My family and I just moved to the LA suburbs and bought our first primary residence. I just discovered the podcast on my 45 min commute. I've been listening for 3 months and have decided I want out of the rat race and need to invest in real estate.

I have a decent day job I enjoy, and am looking to supplement my paycheck with passive income. My long term goals are to BRRRR ~20 houses in the next 5-10 years. A few more months of saving, I'll have 15k to start. I also have a couple interested people looking to lend another $20k-$25k. I may have more private financing if I can show a proven track record with my first house.

The cheapest houses in my backyard sell for $300k, and rent out for 2k a month. I don’t have the time to fish for the best deals here, so I’d like to look somewhere in the midwest where I can buy a house for under 50k and not need to finance the initial purchase.  Then I can rehab, rent then look to finance through a bank on the tail end, rinse and repeat.

My questions are:

• How do I research an out of state market effectively?
• Should I be looking to partner with someone local in that market, or is investing out of state safe enough for a first time investor?
• I've been listening to Clayton Morris' podcast, and I feel like he's got a great strategy.  His buy and hold method seems like a good way to start out. Does anyone have experience with him or his turnkey company?

Thank you all for your help!

Brent