All Forum Posts by: Jeremy Powers

@Greg M. Your assumption of there being "strong evidence" of a meth lab isn't always true. As someone who grew up with his mom cooking drugs in the bathroom (wow... Just typing that makes me amazed I turned out as well as I have), I believe I am qualified to speak on the matter. My mom had all the "equipment" in a box. If you got rid of the box you never would have been able to tell anything nefarious had taken place.

@Nicole A.

A house is worth what people are willing to pay for it. If every house had a set price nothing would ever appreciate.

I just bought my first house and my new mortgage is less than my rent was.

The answer to your question is simple for me. Buy.

@Bill William I have considered becoming a realtor before. You say it's the easiest way? Can you give a little more insight as to why?

I have decided that I want to get into real estate. Buy and hold makes the most sense to me. And if I brrrr correctly I should be able to build a nice portfolio. Then move into commercial. The only problem is I don't have any capital to get started. I'm considering learning to wholesale to get enough cash for a down payment/repairs. I also realize I could try to find a partner with money. However since I'm brand new and have lots to learn that can only be learned by experience. I don't think very many people would want to risk their money on me. I wouldn't want to if I was in their shoes. Then there's creative financing. However I feel like going the creative route would 1, require waaay more work than I would want to do, and 2 require skills of a salesman far greater than myself.

I was just wondering what someone with experience thought about building capital. Is there any ways I don't know about?

@Harry Torrenegra One of the r s is refinance. You have 200k in equity. Is it safe to assume you have that 200 spread through multiple properties? Cash out refi if you can.

@Salvatore Lentini

I don't have any capital.

My plan...

Wholesale to build up capital.

By and hold with brrrr

Once my investments allow me to have more time move into commercial.

So basically I'm just having a little trouble getting started.

@Hugh Carnaha heck yeah!

Just realized it's Monday, and I missed it. Can anybody let me copy their notes?

@William S. Awesome thanks.

@William S.

Okay so me and my wife are looking at duplexes, and will be house hacking as soon as we find one. From your experience how do tenet's feel about living right nextdoor to their landlord?