All Forum Posts by: Cody Turner

I’ve been ready a few books but will check out the ones you mentioned. I’m in the process of finding and speaking with lenders and realtors. Now I am trying to focus on analyzing deals to learn which are good and bad. 

Hi @Cody Turner - I'm from Baton Rouge and my company has a large presence in the Lafayette area. More than happy to hop on a call and talk through your situation. Feel free to message me and we can set some time up!

Hey @Cody Turner you're in the right place.

1.) look for a local lender who's also an investor and have a conversation about what your goals are.  repeat this until you find someone you think is a good match for you that has started and scaled a rental business themselves. 
2.) repeat step 1, but instead find a local realtor who's also investing in some capacity.
3.) learn how to analyze deals in your market, attend local meetups and meet other investors like your life depended on it and run your analysis by others who are investing like you want to.  they will help you refine that analysis to the point where you can trust your own numbers and you will learn to spot deals in neighborhoods where they make sense.
4.) Getting a 4-plex would be great, but don't get hung up on it or cash flow.  Focus on finding out what deals make sense in your area and after talkin to a lender find the best mortgage option to fit the deal that makes sense for you.  You just have to get a property and start, it doesn't have to be a perfect deal.

hope this helps.  at some point when you get your first deal make sure you upload it here so we can check it out :)