All Forum Posts by: Christopher Hunter

ARV:$59K To $79k Conservative built in Equity, Rents $500 a Month & $450 Total $950, $1k EMD to take Off Market, I will pay half of Closing Cost, $200 Gift Card to Dick's or Walmart YOUR choice, 43in TV, CLOSE Before April 30th, also have Owner Finance, Terms available,new roof,windows,Pex Plumbing,Electrical,Siding,kitchen an Bath,Tile,& Laminate Floors, $48,000, 4/2 duplex, 1212 sq ft

I went on the BP to use the rental calculator and notice I was missing some information. Can I still analyze this property without the monthly fixed expenses or variable expenses?

Hello my name is Christopher Hunter a new Real Estate Investor here in Southern California. Is there a local BP community in this area?

When picking a market to invest in, what is another good resource for gathering information similiar to city-data.com?

Joe,

I just listened to your podcast this afternoon while at work and I was inspired by your story. I have been taking action, but in the wrong areas. I need to learn what makes a good deal, then start finding these deals.

Hello Elvis,

I to am a new investor and was asking the same questions. So I will pass on same of the same information I was receiving. 1 book that kept coming up was "Emerging Real Estate Markets", How to find and Profit from Up-and-Coming Areas by David Lindahl. Search this website for information on your surrounding area.

www.city-data.com

Thank you Jerry. You remind me of this Investor Jerry Norton. I will look through the Learn Section this afternoon.

Thank you Josh for you wisdom. Here are a few real estate books I have found great value in.

Guide to investing by Robert Kiyosaki,

Emerging real estate markets by David Lindahl, the one you mentioned,

Think and grow rich, Napoleon Hill,

The millionaire next door by Thomas Stanley,

I welcome the opportunity to pick up a book and learn everything I can to enrich my knowledge..

Now for your questions, this is what I have come up with so far,

1. my time line, will that mean how long I will hold the property? I want to hold the property for 10 years.

2. I will use hard money, proceeds from wholesaling when I find deals to wholesale.

3. I have a flexible job to where I can take calls at work. I am an earlier riser to get work done and I drove property after work.

4. Multifamily properties, duplex, triplex and 4-plexs, buy and hold them,

5.cap rate 10-15%, but I do not see why I can not take a run down place and add value and increase my cap rate. THank you for the book recommendations. I will get out this week and pick those up.

Thank you Rick. I have been reading and learning everything I can get my hands on. I took a coarse with Renatus, learning Real Estate 101. I am going to be a buy and hold investor. I have been picking up information from investors like J. Massey, Chris Wilson, Jerry Norton, going to my local REIA meetings. I have been looking at several strategies of investing to see where I would excel at. I have the makings of a great plan and I just need to get it organized into a plan of action.

Thank you very much, that was very insiteful.

I am a beginning Real Estate Investor. My strategy will be buy and hold for long term cash flow. I want to make $5,000 a month in passive income. What would I need to do to accomplish this goal? Can someone help me create an outline to help me on my way?