All Forum Posts by: Cedreahna Kennedy

@Nicholas L.

Thank you for your insights! I appreciate your honesty about the challenges of wholesaling. It’s helpful to know that it can be more difficult than it seems, especially with the current market conditions. I’ll definitely keep your advice in mind as I move forward. Thanks again, Nicholas!

Good Morning All,

I’ve been brainstorming and utilizing some of the resources you provided, and I’ve developed my real estate goals. I’m excited to expand my portfolio and would love your thoughts on the strategy I’m considering for Texas and Florida. Here are my four main goals:

Goal 1: Buy and Hold in Developing Areas (Texas)

I plan to invest in underdeveloped areas where I see growth potential, buying at a discount now and holding for long-term appreciation as development takes place.

Goal 2: Wholesaling Discounted Homes (Texas)

I’m also thinking of wholesaling properties in those same areas. The goal is to assign contracts to investors while highlighting the potential for growth and earning assignment fees.

Goal 3: House Hacking (Florida)

In Florida, I’d like to purchase a duplex or multifamily property, live in one unit, and rent out the others to reduce or eliminate my mortgage, allowing me to enter the market with minimal living expenses.

Goal 4: Buy and Hold or Wholesale (Florida)

For my second Florida goal, I’m deciding between buying and holding properties in developing areas (similar to Texas) or wholesaling properties in areas with high rental demand.

Looking for Feedback:

• Are these goals realistic given current market trends in Texas and Florida?

• Any tips for wholesaling, especially in Texas or Florida?

• What should I be aware of with house hacking in Florida?

I’d appreciate any advice or recommendations to improve this plan!

Thanks in advance!

@Madri Koppe

Thank you for the welcome! I’ve just begun thinking of exploring house hacking as one of my strategies, so it’s great to hear your positive experience. I’m excited to dive into the podcasts and learn more. I appreciate the advice and well wishes! Best of luck to you as well on your continued journey!

@Wale Lawal

Thank you so much for the recommendations! I haven’t heard of any of these yet, so I’m really excited to dive into them. You’ve been incredibly helpful, and I appreciate all the guidance you’ve provided so far! I can’t wait to start learning more through these resources.

@Julio Gonzalez

Thank you, Julio! I’m excited to dive into all the resources here and connect with others in the community. It’s been a great learning experience so far!

@Wale Lawal

Thank you for the detailed advice! I appreciate you mentioning the tools on BiggerPockets—I’ll definitely check them out to analyze deals. If you have any specific book or podcast recommendations, I’m all ears. Thanks for your encouragement and tips, Wale!

@Preston Dean

Thank you for the warm welcome, Preston! I really appreciate the resource and will definitely check it out as I explore different areas in Fort Worth. It's great to connect with local investors like you!

@Nicholas L.

Thanks for the advice! I'm keeping patience in mind as I navigate the process. I hope you enjoy the rest of your day.

@Terrance Teague

Thank you so much, Terrance! I’m really excited to connect and learn from everyone's experiences. Looking forward to exchanging insights and growing together!

@Nicholas L. 

Thank you! I appreciate the suggestion to start with house hacking—it sounds like a smart strategy. I’m definitely interested in learning more about it. Do you have any tips or personal experiences you can share to help someone new to the concept?