All Forum Posts by: Dexter Kubi

Hello When is the next BP meeting in Rocky Hill, Chesire or Manchester? I rather go there than to do a local REIA as I would love to shallow anyone to learn more. Also willing to help out in projects as long as it's not climbing a roof :)

Thanks all I️ didn’t want to make a big mistake. I️ don’t have the 27k I️ would have to get a Loan for it which is my stopping point because I️ know people on this site can do creative deals with no money down.

So I just finished Day 2 of the Legacy Education weekend seminar. While I do enjoy the stories, I feel like I'm only getting 25% actual strategy and knowledge. Day 3 is where you make the decision to pay 27k to proceed or not. I rather prefer not to. The one appeal is that I get a mentor who will help me out when I need quick advice but I feel that may be a heavy sales pitch from them.

They did give me advice on what strategy to start with since I have lack of capital and just starting out. Wholesaling and Leasing.

Do you think I'm better off just learning off Bigger pockets, going to my local REIA and going out on my own? Or joining them, getting a mentor as they state and learning the creative deals they advertise. Leaning towards not doing it just because I know its not the only option, but been wrestling with this most of the day.

I know I can be successful in this and already have been putting in tons of hours in reading books and listening to BP podcasts. But knowing where to start as well as having a mentor is what I really need.

Help a newbie out, all advice is appreciated. 

Best regards

My first goal is to get capital. I️ heard wholesaling and flipping may be the better options to start and then work my way up. End goal is to get into commercial real estate and apartment complexes

I️ think I️ have to start with either wholesales or flipping since I️ have low capital

Hello all I️ posted this in another post but found out about this forum, figured more newbies like myself can relate. Currently looking at some properties. As a new investor, I️ just wanted to know some of the factors that made you pick a property. For example why did some target single family as opposed to condos or multi families house? Just curious as any tips or perspective will help out Thank you

I️ guess my main thing is what options can I️ do, if my debt to income ratio is high but my credit score is good with not much capital saved> $1000

Thank all, all great advice. I know a couple of multifamily houses in my hometown that I can get for cheap. However, my hometown is very mixed in terms of the clients due to location. What I mean is the more downtown you go, the more crime, problems etc, the more you go near the borders, the more you get families, young professionals, responsible people. Since its my first time with not alot of capital, I have to pick a property that will cash flow pretty soon. Unfortunately, I can't house hack because I already rent a single family house with my girlfriend. I do think a multi would be the way to go as a first property if I can attract the right tenants. My biggest worry is the financing until I actually start the process. Not sure if I can have a bank loan me money for the whole thing + any rehab costs. As you can see, I obviously need to learn more but I do want to take the plunge before next spring.

Hello all Currently looking at some properties. As a new investor, I️ just wanted to know some of the factors that made you pick a property. For example why did some target single family as opposed to condos or multi families house? Just curious as any tips or perspective will help out Thank you

Does it matter if I'm renting already? What I mean is it possible to get into cash flow rentals while I myself is currently a tenant?