All Forum Posts by: Joe Bushman

Hi @Elijah . I'm looking more into long term buy and hold once I graduate next spring and have a job that I can use saved up cash from to start buying rentals, and not wholesaling, nonetheless nice to see another person interested in Real Estate. I believe both @Scott Dixon and @Anthony Hornbeck who replied at the time of the post have hands on experience in the area but I'm unaware of how much experience either has with wholesaling. Good luck with your wholesaling business and hopefully we can talk real estate at some point!

Congrats on hitting your goal! I'm only on podcast 15 (I think) but excited to get to yours and hear about your story!

@Wendell De Guzman Great post. Love seeing these kind of posts from guys with the wisdom to help others.

Question, as a newbie I've seen you mention "points" and am unsure I understand the concept fully. After doing a bit of research am I correct in saying points are essentially up front cash to the lender from the borrower? Thanks for any clarification.

Question from a newbie. If off market and you didn't look up online how do you define distressed and available? Are you just going up to windows to see if empty, vacated, etc? I did drive up to a house I knew is foreclosed on and for sale a few days ago but I knew from online research it was foreclosed on. I'm just curious how you knew it was available as well as distressed just from a drive by.

Thanks for any answers. Joe.

Congrats on the flip! As someone who wants to get into both flips and rentals (but has more of a passion for flips) this has been a fun discussion to follow. Will be on the lookout for more posts and diaries of deals from you!

As a new REI who also isn't handy but is trying to become handy (I'd like to get into both long term rentals and rehab-flips) I'm glad to see someone else who's in a similar position. You mention thriftiness so I think figuring out the exact cost you can afford compared to the additional value you're hoping to gain from updates is big. I'm new to all of this so take what I'm saying as a grain of salt!

Hope you're successful in any renovations you decide to make! Good luck!

Good luck, awesome goal to set! You mentioned the financial issues you have to hurdle with the bank. Any other financial issues that you're able and willing to discuss in detail? 

@Jon Huber Thanks for the welcome and sound advice! Have already started looking over the blog posts and forums.

@Brandon Turner Thanks for the warm welcome and info! I've got the Ultimate Beginners Guide bookmarked and ready to read this week!

@Anthony Hornbeck Thanks for the welcome and glad to see there's other active Champaign members! I'd love to talk with you and other Champaign investors. Hoping I can make the next Champaign meet-up you guys have!

@Tim Cooper Thank you for the welcome and sharing about Bloomington! I'm not in Bloomington often but if I frequent Bloomington more often and consider owning Real Estate in the area I will keep that in mind!