All Forum Posts by: Christopher G.

@Joe Funari Thank You!!

Hello, I have recently subscribed to Deal Machine to help me start Driving for Dollars, and I'm curious to know how accurate the Comps/ARV are. Is there anybody that uses Comps add on that can let me know if they are reliable. (New investor in Houston, TX)

Hey BP. I'm looking to connect and network with some Investors in Houston (as well as surrounding areas). I want to know how we can add value to each other and help each other become more successful!! Feel free to reply or send a message! Thank You!

Educate yourself as much as possible. Listen to podcasts, watch webinars, read books, join Facebook groups. Bigger Pockets Real Estate Rookie is a great new podcast to listen to. Read RICH DAD POOR DAD. Be conscious of what you spend your money on. You're already way ahead of the game, Great Job! But also, don't forget to be a kid. It's great you're getting ahead of the game, but you can't get these years back. Make sure you enjoy yourself. Good Luck to you!!

Hey @Brandon Deekman, as stated already educate yourself as much as possible. Listen to podcasts, watch webinars, read books, join a local REIA when they start meeting again, join Facebook groups, talk to local investors in your area. If you can, find an experienced investor and also an investor that only has a few deals. You can learn a lot from both. Bigger Pockets Real Estate Rookie is a great new podcast to listen to. Good Luck to you!!

@Jonathan Greene and @Anthony Simboli are right on point. Educate yourself as much as possible. Read books, listen to podcasts (real estate rookie is a great one for new investors), watch webinars, join Facebook groups! Network with other investors, some a bit newer and some seasoned. Find your target area, learn about it, and analyze as many deals as possible. Good Luck to you!!!  

Just as @Joe Homs said, I think it would be best for you to try and network as much as possible. When everybody is able to meet up again, I would join your local REIA and build relationships. You maybe be able to partner with another investor. And hard money is more expensive but it can be worth it to get your first few deals (if the numbers work in the deal). After you have a few deals, funding will be easier. Be confident and go for it!! Glad you decided to get off the bench and into the game! "Scared money doesn't make money"!! You can do it!!! Good Luck to you!!!!

I would try and get some of that debt down. Remember, you're paying interest on that 25k. If you start paying down that debt, that interest each month will begin to lower also. Over time you'll be saving yourself $ which can later be used towards investing. Also, your credit score will rise. You will eventually have more cash and more buying power with a higher credit score (and a chance to get a better interest rate when its time to refi). Good Luck to you!!!

I would definitely "house hack" if that is an option. Just like @Chris C. said, you can have a low down payment (3.5%) and also the potential to have other tenants pay your mortgage for you. You may end up being paid to live in your rental. Good luck to you!!!

@Darren Bojrab Just as @Kyle Spearin said, educate yourself as much as possible. Listen to podcasts, watch webinars, read books, join a local REIA when they start meeting again, talk to local investors in your area. If you can, find an experienced investor and also an investor that only has a few deals. You can learn a lot from both. Bigger Pockets Real Estate Rookie is a great new podcast to listen to. Good Luck to you!!