All Forum Posts by: Joseph Egan

@Bjorn Ahlblad thank you very much. i really appreciate your post now I have some more direction, i'm going to go look up underwriting and figure out exactly what that is and i'm going to look more into the deal analysis. Thanks again!

Hi everyone! 

this might be a silly question but how does buy and hold real estate investing help an individual compete with other investors. I understand there is cash flow and tax advantages and the holy grail of passive income. But, how does my singular property of buy and hold help me compete against another investor maybe using another strategy or using the same strategy. why is buy and hold good? why is it bad? how can i maximize growth and profit? any insight is welcomed! thanks in advance everyone!

dan M, thank you very much. how did you get started?

Hi everyone! My wife and I have identified our goal, $70,000 in passive income in 10 years time. What we need help with is identifying a strong enough strategy that could help us accomplish that goal. Can anyone recommend a specific strategy, specific books, or give examples of what you did to accomplish your goals? We understand there is a book list in the education tab of bigger pockets. We are more so looking for some more clear direction with accomplishing our goals. To anyone that responds to this thank you in advance! 

Hello! My name is Joey, I am just starting out with real-estate investing and I am in the education process. I’ve decided I want to do long distance investing in single family homes. Specifically, I am considering 3 bed 2 bath homes in Florida. Due to the nature of my work I move often and will not be able to learn my local market well. I’m looking for advice on loan types. I hear a lot about conventional loans and amortization loans. I am currently considering the common conventional loan with 25% down. If anyone could please give some suggestions on different loan types I should consider for my first deal or specific questions I should ask the bank about conventional loans, I would greatly appreciate it!