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All Forum Posts by: David Avery

David Avery has started 2 posts and replied 980 times.

Post: Real estate market in Arizona (Phoenix and surrounding areas)

David AveryPosted
  • Flipper/Rehabber
  • Phoenix Arizona
  • Posts 1,023
  • Votes 685

  Taranda,   Have a great contractor for you.

Are you here in Arizona?

Post: Which state is best for out of state SFH investment property?

David AveryPosted
  • Flipper/Rehabber
  • Phoenix Arizona
  • Posts 1,023
  • Votes 685

The best answer for your question is Pueblo Colorado.

Can buy great houses all day long for $80K-100K.   

May need a little work.

Have great agent their and property management team

pretty good handyman that is very fair.

Post: HOUSING PRICES WILL SLIDE!

David AveryPosted
  • Flipper/Rehabber
  • Phoenix Arizona
  • Posts 1,023
  • Votes 685

In 55 days we will see change as we will early next year.

Have your G C  (General Contractor) in your hip pocket !!

Those who have a great relationship and pay him well will have a great advantage!

Always seem to fit those investors that treat me great in my schedule .

Wholesalers, its pretty tough right now, need to think of a different way.

Post: What is the successful cash flow number for multi family success?

David AveryPosted
  • Flipper/Rehabber
  • Phoenix Arizona
  • Posts 1,023
  • Votes 685

What about the concept of a multi unit that could also be sold as SFH. Properties built smaller , less expensive as SFH, with a inner court yard for all.

I'm a contractor with a contractors mind. If i build housing that has both options that most people can rent or buy,  Then Home Run!!!

Just suggesting!!!

Post: I am a beginner who is looking for advice.

David AveryPosted
  • Flipper/Rehabber
  • Phoenix Arizona
  • Posts 1,023
  • Votes 685

Brandon, yes buy a property.  But first get a good Real Estate agent to help you find your first property.  Save  money meanwhile and he will help guide you and should mentor you also.

Ask as many questions as you need and people here will help you.

If you can wait to get married and live with parent(s). Great keep saving money and life will be great.

Post: Brand new to Real Estate investment

David AveryPosted
  • Flipper/Rehabber
  • Phoenix Arizona
  • Posts 1,023
  • Votes 685

family is hard because they may move to slow!!!!

Need an agent that is working full time so your interest is their interest.

No offense to your family member

Post: Beginning to lead gen

David AveryPosted
  • Flipper/Rehabber
  • Phoenix Arizona
  • Posts 1,023
  • Votes 685

Ask your Broker!!  He will tell you the best way.  I would go to a couple open houses with in office agents that have them.  It will teach you so much.

I would see what is selling fast and go in those area's and drive around and get a feel for the area.

See who is selling the houses and see if you can get a meeting with that person.  Buy them Dinner at a very nice steak house.

You need to invest your time, money, blood, and energy in selling in one of the hottest markets in the united states for several years.

Post: Pros VS Cons? - Getting your Real Estate License

David AveryPosted
  • Flipper/Rehabber
  • Phoenix Arizona
  • Posts 1,023
  • Votes 685

Advantage to have RE License.

Commissions when you buy and sell your own properties

Access to MLS activity Multiple Listing Service.

Get to find out more deals with people within Office, Referrals, etc.

To not have licence

It is costly to be an active agent, Dues can cost hundreds a month

You always have to disclose your an agent when you talk to people about 

R.E.

my thoughts

good luck

Post: Brand new to Real Estate investment

David AveryPosted
  • Flipper/Rehabber
  • Phoenix Arizona
  • Posts 1,023
  • Votes 685

Get yourself a very good Real Estate Agent.

Get to know some of the good contractors in town.

Get your loan approval going.

Just starters!

Good luck

Post: Is the Real Estate market really not going to take a hit?

David AveryPosted
  • Flipper/Rehabber
  • Phoenix Arizona
  • Posts 1,023
  • Votes 685

Drive by any commercial malls and tell me the owners of these are in deep Ship!!

They are taking a very hard HIT !

I wouldn't take a commercial  property  unless I could convert it to Multi units!!!!

And I  wouldn't pay much for it either!

Food for thought!!!

Yes this is an idea!!!!

Single Dwelling Houses, Not as long as these interest rates stay low and with Trump they will stay low! He is too business smart to allow this economy to go bad.  He is a business man !!

Low income is really taking a hit !!