All Forum Posts by: James Charles

@Bruce Petersen

Thanks Bruce but you are right about some things. One thing I can say its very difficult to go that particular route with kids and other life expenses. But i totally agree

@Chad Offerdahl Thanks I will

@James C. I agree. Thanks for the info

@Thomas S. well I have $16k in non morgage debt that i will be done with in a few months

@Joshua D. Well I'm not looking to buy a whole bunch of properties right now, but eventually I want to get to a point where i can do that. For now I just want to purchase a property or 2 and gradually move on up and buy multiple at a time. Thats the plan I have a feeling the market is going to take a nice dive, and then I can attack lol. I want to eventually turn RE into my main source of income and I don't want to be 50+ doing it, no disrecpect to anyone around that age

@Chad Offerdahl I should be at baby step 3 either before or by the ending of the year

@Bob Derwin I'll be done with my debt no later then June 

I've been listen to Dave Ramsey the past months. I've learned alot from him. He's very knowledgable about Real Estate and having financial freedom. But he also don't agree with financing. He constantly stress get rid of debt n buy everything with cash. I respect that and I agree. The thing is in my situation before I get lets say $150k to $250k in cash it will take me a fews years to start investing according to him. I really want to start my journey in about a year after I clear up some debt. So my question to BP is should I wait until I pay of my house thats Iike $130k left on it and take 5/6 years or should I purchase another one through financing and have the rental pay off my primary and start my portfolio from there. Need some expertise advise on my situation thanks.

@Sean Edgar Thanks for the info, I'll do my homework on these addresses and try to find the owner.

I started my Direct Mailing campaign few weeks ago. I received some calls back but no motivated seller as of yet. I also received a few return letters. Some stating the new address, others stating no such person, etc. So I did my research and found the new addresses or where the person/people is currently residing.  But there is this one particular reason why some of the mailing didn't get sent out; the reason was "Not deliverable as Addressed". I know it means someone moved out and didn't notify the USPS but when I double check in the Property Appraiser site for these returns it still show that a few of them is still living at the current mailing addresses. So my question is how do I find the correct mailing addresses for these leads or Are these leads worthless? 

@Lucas Machado 

Will the short sale benefit me in any type of way?

@Account ClosedThanks, will keep that in mind.