All Forum Posts by: Account Closed

@David Krulac I have to tell you how encouraging your input is. If for no other reason than to see a successful investor actually say, "I started with nothing." In order for me to get started I'll have to use 100% financing as well. 

Thanks for the input @Andrew Johnson!!

@Kenneth Mooney Thanks for the tip about SFH liquidity. Good info!!

More new investor questions from a new investor. Again, even as a newbie, I know where I stand. I will definitely be buying single family properties if the numbers make sense, but my focus will be on multifamily because of the greater rental income potential. But out of curiosity, which would you rather focus on, single or multifamily?

@Robert Westbrook Thanks a lot!! I have a meeting at Net Worth today with @John Preston!! Can't wait.

@Rodney Morris I wish you the best on your journey, sir!! You seem to be well on your way. 

@Account Closed I am so appreciative of the knowledge you've shared. This is invaluable stuff. Thanks sir!!

I most definitely plan to focus on building my rental portfolio, but I'll be supplementing that with flips when the right deals presents themselves. I'm interested in the pros of buy and hold MUCH more than the benefits of fixing and flipping. Passive income interests me, because part of my "why" for entering into REI is not only financial freedom, but to free up and redeem time in my life. So rentals it is for me!!

To @Account Closed or anyone else who can answer, what exactly is DOS clause?

I'm sure most new investors have this question. Although I myself am new, I know where I stand. I'd prefer to build a rental portfolio accompanied by periodic flips. But I'm curious. Are you more on the side of running a flipping business, or building an income stream with rental properties, and why?

I'm an excited aspiring investor in Dallas, TX. To all others of you in my area, novice or experienced, let's network!!

@Bart H. That sounds great!! When do you guys meet again?

@Bart H. Thanks!! I recently attended a Dallas REIA meeting and I joined the association, and I make it my business to read as much as possible. I attend at least one BP webinar per week.