All Forum Posts by: Jamal Atwell

Hey Spencer, 

New agent here as well in the NOVA/DC area. I'm a little bit further down the road than you but if you have any questions let me know!

Hi Maureen,

Welcome to the BP! I think you'll find it very resourceful and welcoming.

I'm an agent in the Arlington, VA area should you ever have any questions about RE here. Good luck finding a place in the jersey shore!

Georggetta,

Congrats on making the decision to jump into RE. It can be one of the most lucrative things, from both the Real Estate agent side, and the investing side.

I just completed my license last month so I'm relatively fresh to the agent side of things. Let me know if you have any questions about the process of getting your license and I"ll be happy to answer!

Good Luck!

Jamal

@Lacie Morris Wow, impressive Lacie! I hope to have 30 unites under my belt one day. Welcome to the group.

@Michael S.

Welcome Michael! BiggerPockets is a great collective of people and resources! 

I'm in Arlington as well if you want to sit down some time and talk REI.

Kudos to you for having that much saved up at 20. I would probably look at Steven's links first and then go talk to some local agencies and try to find out what they're about and how you might or might not like it. That's what I did and I am in the process of getting my license now.

Welcome @Nathan W. I'm from the Arlington area as well (columbia pike). I think I'll be going to Roger Lin's meeting this month. It might be something to check out.

This may be a dumb question for all you season investors out there. @Ben Leybovich during your 5 hour market research what things are you looking for? Jobs available? How things are selling? Also, what are some good resources to find the type of information you look for in your market research?

That's the hustle of real estate. Often those kinds of places aren't easy to find in your backyard. I live in DC for example where these numbers are wayyyyyy off from achievable in my searches, especially with $500 condo fees. The only alternative I see is invest in markets where this is achievable and pick duplexes or triplexes. You're usually able to generate nice cash flow $300+ with those. You can also keep searching till you find the gem in your backyard.

@Roy C. I'm going to agree with Paul. Although I don't have any deals under my belt I've done a ton of research. I personally would be looking at my Cash on Cash return. Positive cash flow on less of your money is better to me that Cash flow on more of my money. When I get to keep more money it means I can diversify my investments i.e. buy more properties.