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All Forum Posts by: Christian Stanfield

Christian Stanfield has started 3 posts and replied 6 times.

Post: Gilbert Arizona Meetup times

Christian StanfieldPosted
  • Gilbert, AZ
  • Posts 9
  • Votes 1

Hi all,

Just reaching out to see if there are any BP meetups currently going on weekly or monthly in the Gilbert area?

Post: Looking to connect in Mesa, AZ

Christian StanfieldPosted
  • Gilbert, AZ
  • Posts 9
  • Votes 1

How often do you have that meetup in Gilbert? I would love to come 

Post: Real estate investing meetup in Phoenix

Christian StanfieldPosted
  • Gilbert, AZ
  • Posts 9
  • Votes 1

Hi everyone, I am a new investor in the Gilbert area and was wanting to see if any of these meetups are still active. Thanks!

Hi, I am new to BP. I have been consuming as much information as possible in the last month or so trying to learn more about real estate investing. I've listened to almost all of the podcasts in that short time. What I can't really understand is how investors manage to buy rental properties while only having what seems to be enough for a down payment in their bank accounts?

On the podcasts, I hear of new investors having a couple thousand dollars in their bank accounts and no job and somehow managing to buy a rental property with financing. Can someone elaborate on what is typically done in these cases to get that financing? And if this is not the case, please help me to understand what I am missing from these stories.

I am part way through dental school with money saved up from work from nearly a year ago. I don't have a W-2 job, neither does my wife (we both do sales jobs with 1099's) and my debt to income ratio sucks pretty bad because of dental school tuition. House hacking with a multifamily would save us a ton of money over the next 3 years until I graduate but I can't seem to understand what type of financing would be possible for my situation. 

I will definitely invest after school, but I refuse to accept that I can't invest now. 

Thanks for any and all of your advice!

@Brandon Turner

@Brandon Turner

Gotcha, that makes sense. I will be eventually investing in Arizona, but that was a good ballpark. Thank you!

hi, I've been trying to find online an average percent return yearly on a rental property. I am looking for what the percent would be with typical situations. average positive cashflow monthly from rent and appreciation of the property. And anything else that adds value that I've forgotten about, all rolled up into a ballpark average guess of a return. hopefully this question made sense