All Forum Posts by: Joshua D Black

I have an eye for numbers. and I live in a city with tons of property for sale cheap. I've found no fewer than 9 multi family dwellings that are ripe for the plucking but I'm so broke I can't afford a free phone call. by my estimates, these properties combined would net me $8,600 a month in revenue depending on mortgage payments. it is painfully frustrating to see these numbers and not have the knowledge to obtain the capitol to put them in my portfolio. I know there's lots of knowledge here about such things, I'm only asking for advice on where to start looking.

Maybe it's my years of listening to Dave Ramsey, or maybe it's the way the numbers look in my head, but if you have the capitol to pay for a rental property 100%, why would you finance? it seems to me like you are taking unneeded risk for very little reward. plus you are paying more for the property in the long run. like I said, I don't understand. there has to be something I'm missing.

lol, I'm just getting started on the podcasts. those guys are are a hoot.

I'm just starting out in real estate and real estate investing and I'm anticipating doing a fair amount of driving. as much as I love music, I know that my time behind the wheel would be better spent listening to audio books. that being said, any recommendations?

I'm actually in the process of getting my license now. I looked at it as a requirement to insure I can stay ahead and to have a full time job that pertains directly to my investments. I'm accustomed to 70 plus hour work weeks from my previous career. ideally, I want to list higher level property, fix and flip single family units, and rent commercial and multi family property.

I know there are many areas that might be good places to farm for cashflow, areas that are starting to grow as jobs come into the area, and many of our outlying towns are growing well above the national average. I guess I just have cold feet. might not help that I'm a graduate of financial peace university and have developed an aversion to borrowing money for any reason.

that we do. There are also no fewer than 10 trailer parks I know of for sale. I've heard they can be great investment properties if you make them into convict communities.

As I begin my journey as a real estate salesman and investor, I can't help but wonder: is Tucson really the best place to start? Our economy is among the worst in the country but it has been slowly growing over the past few years. The average cost of single family dwellings is around $180,000 with an average residential income of about $48,000. I'd love to hear from some people in the area and learn your horror stories as well as your successes. Also, I'd love to build a relationship with anybody looking for a go to Realtor to get things done.