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All Forum Posts by: Cody Blackburn

Cody Blackburn has started 17 posts and replied 29 times.

Quote from @Scott Mac:

Class A, B, C or D neighborhood?

B/C

Would love everyone’s thought on these numbers. 

Bought 3 city lots 2 were empty and one we tore an abandoned house down. Cost $85,000

New construction of the 3 building is going to be $880,000 (lot price included)

Income is $1000 a unit totaling $9,000

With rates and other expenses right now our monthly expense is going to be around $8,000 


Please give us some feedback as we are getting a little un easy lol

Hello I’m Cody Blackburn out of Columbus,Indiana I own and run my own painting company and have recently starting acquiring rentals... I bought a lot downtown Columbus to build a SPEC and before I even finshed building the house, it was sold.... then our personal house sold so we used some cash we had and bought 2 duplex’s and are currently living in one unit and renting the others. Then I had another local investor call me and tell me they were starting to sell some properties. A week ago today we singed the PA on a 3 unit building form that investor.... I am really really enjoying real estate way more than my painting business, there is so much less stress. So with that being said is there anyone that’s been in my shoes and when did you just make the switch from running 2 different business and focus 100% on the rentals. Thanks in advance everyone!!

Post: Finding deals in Columbus, IN

Cody BlackburnPosted
  • Columbus, IN
  • Posts 32
  • Votes 11
What is the best way to find some deals... I’m a young investor wanting to get started I’ve Listened to the podcast for about 2 years now and have learned so much but I’m still struggling to find my first deal... oh when I say young I’m 19 lol I’ve got about 25k saved away and I want to be wise with how I use it... any suggestions??

Post: Wanting to start young

Cody BlackburnPosted
  • Columbus, IN
  • Posts 32
  • Votes 11
Hey guys I’m 19 years old and own my own painting company in Columbus Indiana. I’ve always wanted to get into real estate but don’t really know the best route I’ve got about $25,000 saved up what would be the wisest way to use thIs? Fix and flip? Duplex?

Post: What should my next steps be?

Cody BlackburnPosted
  • Columbus, IN
  • Posts 32
  • Votes 11
I've learned a lot about real estate investing through books and my grandfather, my grandfather is currently building a 12 unit apartment complex. I'm a senior in high school with a little over 10k sitting in my savings and I'd love to start investing at a young age but don't know where to start.

Post: 11k enough to start?

Cody BlackburnPosted
  • Columbus, IN
  • Posts 32
  • Votes 11
Market a rehab? Thomas Wassmann

Post: 11k enough to start?

Cody BlackburnPosted
  • Columbus, IN
  • Posts 32
  • Votes 11
Thomas Wassmann I've thought about doing a rehab because I live in such a small town

Post: 11k enough to start?

Cody BlackburnPosted
  • Columbus, IN
  • Posts 32
  • Votes 11
I'm senior in high school and have a little over $11,00 in my bank account. Id love to get into the real estate business as young as I can! Any suggestions on how I could start? Thanks

Post: 50/50 on first deal?

Cody BlackburnPosted
  • Columbus, IN
  • Posts 32
  • Votes 11
Brandon Battle we'll do all the work together and split literally everything together. Legal partnership. I'm a senior in high school