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All Forum Posts by: Chelsey Richardson

Chelsey Richardson has started 3 posts and replied 7 times.

Post: Phoenix Wholesale Newbie

Chelsey RichardsonPosted
  • Phoenix, AZ
  • Posts 7
  • Votes 0

Good evening, all.

I am a beginner in wholesaling here in Phoenix, AZ, doing some driving for dollars tomorrow and working to get my first deal by the end of March. I'd like to get recommendations from local investors on which groups in the area are most valuable to join as I begin networking and building my buyer's list. Thanks so much!

Post: Buy My First Home or Investment Property

Chelsey RichardsonPosted
  • Phoenix, AZ
  • Posts 7
  • Votes 0

@Mike Dmuchoski thank you, that's a great suggestion!

@Denny Robert I've heard great feedback and done good research on the FHA route. What a great position your client has right now!

Post: Buy My First Home or Investment Property

Chelsey RichardsonPosted
  • Phoenix, AZ
  • Posts 7
  • Votes 0

@Zane Belden I appreciate your feedback. I am currently renting and I am ready to begin building my own equity!

Post: Buy My First Home or Investment Property

Chelsey RichardsonPosted
  • Phoenix, AZ
  • Posts 7
  • Votes 0

I want to obtain financial freedom and cash flow, but long term residual income as well. I have researched for the last few months however, I was hoping to learn more from some of the gurus here as well. How did you get started in real estate, if you don't mind me inquiring? I'm just a sponge. I'd like to soak up as much as I can.

Post: Buy My First Home or Investment Property

Chelsey RichardsonPosted
  • Phoenix, AZ
  • Posts 7
  • Votes 0

I apologize for not being clear. Buying my first property to rent out solely to tenants, not an owner occupied property. I am not fond of the idea of buying a SFH or duplex, for that matter, and renting it out to tenants as well.

Post: Buy My First Home or Investment Property

Chelsey RichardsonPosted
  • Phoenix, AZ
  • Posts 7
  • Votes 0

Hi,

I am struggling with whether I should purchase my own home first or an investment property. I am from the east coast, but I've lived in Phoenix, AZ for almost 5 years. I don't plan to live in Phoenix for the remainder of my adult life however, I do believe there are great opportunities here for investment properties. 

What are the benefits and disadvantages of each? I want to make an educated decision. I have done research, but I'd also like to get feedback from the experts here!

Post: Novice Investor

Chelsey RichardsonPosted
  • Phoenix, AZ
  • Posts 7
  • Votes 0

Hello,

My name is Chelsey. I am 26 years old and I live in the West Valley of Phoenix, AZ. I am new to real estate investing and I am interested in knowing what amount of money is thought to be reasonable to use as a novice investor? Meaning, is starting small reasonable to do?