All Forum Posts by: Chris Grenier

Definitely don't try to time the market. You are right with the developing a strategy that will be a key thing. I suggest completely removing house hacking / residential usage from the investment property strategy. It can be either or, if you try to mix your residential property into an investment property strategy you will go in circles. 

Originally posted by @Alex Olmo:

It's been around for a while. I know some investors use it because it compiles all the information.

How do you usually find your properties of market? Do you ever buy from orange county courthouse?

 We have a team of Birddogs constantly searching as well as a large marketing campaign on & off-line. 

The courthouse thing was always tricky and now almost non-existent! 

Real Estate. /thread

Depends if you want to spend the month it takes to rehab a property to turn-key condition, or pay a premium for the same property and give the person who did do that work a substantial profit.

Great post! I have many people reach out to me and I'm happy to help every single one of them if they follow up. What i have found is for some reason everyone wants to ask questions really only to wait for some 'golden ticket' answer that makes them a mil in the next month 🙄

@Anjesh Dubey are you looking for Vacation Rentals? I have a few off-market deals on those. 

Originally posted by @Patrick Philip:

Originally posted by @John Thedford:

If you can't buy right then don't buy. Wait till the right one comes along. It will.

 I suppose. But that's a lot of wasted money on mailing campaigns. Other people have told me that they've bought at greater than 70%. And with wholesaling, it's not like there's any risk, just wasted time.

 So you did you do just 1 mail campaign? I hope you sent out at least 1,000 letters before talking about wasted money! 

If you know the market, anything below 90% is good right now. 

@Maxwell Stroup would be happy to sit down and chat. 

We have all those tools & more. 

Never heard of it but just looked it up...seems really cool. 

I would need a trial at it to really test the leads, they're are so many garbage sites out there these days. 

@Yader Gomez Ok so why are you going to wait up to 2 years to buy a property? 

Property prices in Orlando are increasing by the day, so if you wait just 1 year, you'll be paying a minimum 10% more than you would today.

DO NOT overthink your investment property! 

I completely understand your mindset in want to make right move and find the 'right property' but I guarantee you if you incorporate the emotional aspect into an investment strategy, you will be empty handed with no deals under your belt (paralysis by analysis).

If you can find a Duplex great, but they are rare in Orlando, you are better off with a SFH at a good price and then leverage it accordingly.

I recommend taking the house hacking strategy out of the equation, you are bringing in way to many moving parts & considerations when it really should be a very simple decision and gameplan if you know the market.

Best case scenario, a $35K down payment will get you approximately a $115K SFH after closings & pre-paids. There are better strategies out there that I will be happy to discuss further with you.

Keep it simple!