All Forum Posts by: Cody W.

Thanks for the replies. I work full time now, so my investing will have to start part time but hopefully grow to full time. I'm currently renting an apt, paying $725/mo. Would it make sense to buy a multifamily and rent all units for over $725?  Then i'd be coming out on top right?

Hello everyone,  I need advice to find the best way to start investing my money in real estate. I have about $150k and am tired of letting it sit and collect dust. Should I buy a house straight up? A couple down payments? Blow it in Vegas? I'm 24 so it could also be a long term plan.  Thanks!

I've attended the TBREIA meetings a few times, and they have been great, its just tough to work around my work schedule. Are you still investing in Pinellas?

As I was pondering today, I was thinking about buy and holds. Do you make money in the end? Say you buy a property for $200k and put $20k down and have a 15yr mortgage. Now if you cash flow $200/mo, obviously you will make money if you own it and cash flow it for 15 yrs+the extra time to pay off the $20k down. But how do you make money if you dont plan on owning it for 15yrs? Sell it for the remainder of the mortgage+extra as profit? I understand how to get money monthly but how do you profit when its all over? Hope my question makes sense. Any help would be great.

Thanks everyone! Its going to be a hard road. I know that i dont know what I dont know. I appreciate all the support and you will be seeing me around a lot. 

Hello BP Community!

I'd like to introduce myself. My name is Cody, I'm 24 and live in St. Petersburg, FL. I'm super excited to get started in RE Investing. I'm thinking about wholesaling, but would ultimately like to do rehabs and buy and holds. I figure based on my age, buy and holds would be a solid plan, more time=more money=more investments. If anyone can give me any advice /pointers that would be great, or just a kick in the butt to get started. I'm very nervous to get started, there's a lot to learn. Thanks for reading, hope to hear from everyone soon!!

Hello BP Community!

I'd like to introduce myself. My name is Cody, I'm 24 and live in St. Petersburg, FL.  I'm super excited to get started in RE Investing. I'm thinking about wholesaling, but would ultimately like to do rehabs and buy and holds. I figure based on my age, buy and holds would be a solid plan, more time=more money=more investments. If anyone can give me any advice /pointers that would be great, or just a kick in the butt to get started. I'm very nervous to get started, there's a lot to learn.   Thanks for reading, hope to hear from everyone soon!!