All Forum Posts by: Kamazja Redd

Just looking to connect with some fellow investors/ real estate professionals. Would love to learn the ropes of the real estate investment world, and find some friends along the way. Feel free to connect/message me.

1 Vote

Hi Mya! I'm relatively new to the state of Florida as well as the world of real estate investing. I have a pretty good network of private money lenders as well as hard money. Would love to connect.

0 Votes

Tampa, Florida

Quote from @Adam M.:

@Kamazja Redd is this your first property? If so I would look at leveraging an FHA loan product for 3.5% down on a duplex, triplex or quadplex (what some call a "house hack"). I agree Florida is tough nowadays so it may take some effort and time to find a deal that makes sense. If it is your first, I would also review down payment assistance programs in your county that you could be eligible for. Hope this is helpful and good luck!

Thanks for the advice and yes. This would be my first property. I'm planning to house hack. But having trouble finding a property that's worth it. A lot of them in my area are new builds, and personally I'd rather have a property I can add value to and/or force the appreciation myself.

0 Votes

Quote from @Rick Pozos:

I think you need to figure out what you want to do first and learn how to do it. THEN get yourself to some meetups and meet other people locally. Focus on your vision. You say you want your first investment, but you are looking at note investing, tax deed investing, loaning your money, etc. FOCUS. How to find a deal. FOCUS.

Go to a few meetings and ask every investor that you meet, "Tell me about your first deal. I am looking for mine and I need some help to get there".

Get their number and text them tomorrow and thank them for sharing their information. You will build a huge network that will help you more than you can imagine.

Thanks for the reply Rick. I agree. I have a lot of interests but think I'm going to house hack my way into a multi-family and 1031 every couple of years. But as far as networking that's my main priority at the moment. I'm new to the area and the field so I'm just trying to soak up as much information as possible at the moment.

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Quote from @John Underwood:

@Kamazja Redd

Try wholesaling to build capital.

Also ask sellers if they would do owner financing.

I hate the idea of wholesaling but gonna give a shot for the sake of building capital. I'm also looking into owner financing or setting up a lease option with current residence once my lease is up, and potentially turn it into my first rental.

0 Votes

Quote from @Richard Loniewski:

I did my first flip with only 2k, there are a lot of investors out there with capital and no deals, start networking and connect with these investors so when you do locate a property you can do a JV (joint Venture) with one of these investors. That's what I did with my first 3 flips.

That's great advice. I've heard a few people say they've done the same, so maybe I'll try that route. Thanks for the suggestion.

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Quote from @Carlos A.:

Hello Kamazja! Florida is tough nowadays for sure. I personally have a few properties ranging from Orlando down to North miami and can tell you that just insurance and property taxes alone are making it more and more difficult to invest here.

I’ll say the cliche thing and advise you to invest in yourself. You’ve done a great job saving up those 10k! The best thing would be to find ways to build you skills, network and experience first and then worry about investing later. You will find that you can leverage relationships and an open mind much more effectively than that cash you have in the bank!!

Thanks for the advice Carlos! That's essentially my plan. I have a love/hate relationship with the newbie phase of this, because I'm ready to get involved yet reluctant because of my lack of experience. But practice makes perfect.

As far as networking goes, I'm actually attending an event in Tampa this week for new multi-family investors. I also plan on attending some with the SWFL REIA as well.

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I'm interested in obtaining my first investment property this year. Any advice for what I could do with only 10k available? I've been looking into cheaper markets that I'm familiar with, but unsure of the best route. Have considered bank note investing, tax lien/deed investing, loaning it out, etc. Any suggestions?

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Quote from @Katherine Blazer:

Hi Kamazja, Congratulations on your move!

There are a lot of great groups around. Miriam McKisic runs a great MF meet-up in Tampa on the last Tuesday of the month.

Thanks! I'll definitely look into that. I recently joined the SWFL REIA. So looking forward to networking there.

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Tampa, Florida

Hey! I'm Kamazja Redd but you guys can call me Kay. I'm an aspiring investor- most interested in acquiring multifamily properties but willing to start off small (sfp). Although I don't love the idea of wholesaling I'm willing to try it as a means of acquiring capital to invest in other opportunities.

I'm also a new resident of Florida- Charlotte County area. Any networking groups/events/opportunities, you guys recommend here in Florida?

What tips do you guys have for a new investor starting out?

Best way to utilize this platform?

Overcoming imposter syndrome? Etc.

4 Votes

Tampa, Florida

All Forum Posts by: Kamazja Redd

Kamazja Redd has started 3 posts and replied 10 times.

Post: Let's Network | SWLFL Fix and Flippers and Wholesalers

Post: Tampa area Fix and Flip

Post: What are my options? New investor. Minimal capital.

Post: What are my options? New investor. Minimal capital.

Post: What are my options? New investor. Minimal capital.

Post: What are my options? New investor. Minimal capital.

Post: What are my options? New investor. Minimal capital.

Post: What are my options? New investor. Minimal capital.

Post: New Florida Resident, Aspiring Investor

Post: New Florida Resident, Aspiring Investor