All Forum Posts by: Jamaar Brown

So I plan on buying vendee for my first real estate property. My cousins is a realtor and she recommends I stay there for a yearly while I do the rehab. She said it will be better than paying rent and a Mortage, which is true.

My question to all first time property owners is how did you start out? Did you stay in the property during rehab or did you just strictly use it as investment property from the beginning.

Hello all,

So I submitted my HELOC app and soon will try to get more property. I found a great program to help me "make sure the numbers make sense." My question is does anyone have any experience with the rehab valuator website. I've been putting some numbers in, but I get 0% on roi🥺

If anyone can help me read this and some advice on things I should be looking for within the program I would greatly appreciate it!

@Patti Robertson

Omg thanks! This is priceless

So I’ve been looking at vendee property to purchase. My question is, if anyone has used vendee before. Is it worth the head ache of going in the house and making repairs. Any and all pointers are greatly appreciated. I own one rental already but I lived in it and turned it into a rental property.

@Yannik Cudjoe-Virgil

I am looking in the Virginia Beach area. I don’t see many smaller units like that mostly big complexes or townhouses. I see you in Baltimore any info in this area?

@Nicole Heasley can I ask how many sfh you have?

@Brent Paul you are absolutely correct. In the area will I will be moving it’s mostly townhouses. Not many multi units come up for sell. I want to make some money but not tie myself into the situation where I am doing it 24/7.

@John Teachout yea that’s exactly what I was thinking. My current property has been occupied for years. I treat the tenates well and they always out in time and have no issues. Now I know it won’t always be like that, but I think 4-5 single family house can give me the same effect as multi. I just want some passive income now make this my everyday job.

Do you have any experience with vendee loans?

@Cody Rubio I don’t want to do anything major I just want some passive income and something to pass down to my kids when i die. Thanks for the info on the book. I will check it out.

So been watching a lot of Grant Cardone, and I understand the logic behind multi units vs single family. But, my question is; can having multi single family also work similar to having one big multi unit? I have one unit and I am trying to get more but I don’t have hundreds or thousands of dollars to pay for a multi unit right now. Can I get a few single family and build from there? Any and all input is greatly recommended!