All Forum Posts by: Garret Myers

@James Hamling very eye opening. Thanks for sharing all of this! It's crazy how many possibilities there are. 

@James Hamling thanks for the very thought out and detailed approach. I really took time to digest what you said and it all makes sense. I do have one question though. Being new, could you explain why a seller may choose a buyer that has more cash than a buyer needing to finance the whole property? What sort of difference does that make to the seller? Don't they get paid the same amount either way at the end of the deal?

Thank you David, I appreciate your advice. I agree, some conversations need to happen pretty soon with some other family members. 

@Jessica Schenk I can't be of too much assistance, as I'm equally as brand new, and also looking in the C. Springs market! But happy to connect and lend a hand and help with any networking and connections down the road that I can! Have you looked into any local REI meet ups?

Hey guys, I'm looking for advice for a parent that's reaching retirement. He's always believed in saving money but unfortunately never invested. Due to a divorce, that money was split and the house is now no more. So, for someone with roughly 150k and no debt, what sort of moves can be made to help him create passive income to live off of as he grows older?

I'm open and grateful for any and all advice. 

(If I wasn't so brand new to real estate investing myself, I'd probably have a better idea of how to help him).