All Forum Posts by: Justin Stetson

Hello everyone, I have read 3 books so far that's been recommend by the community.  The titles of the books are "Buy,Rehab,Rent and Repeat", "How to Invest in Real Estate" and "The Book on investing in Real Estate with No (and Low) money down". I've notice since I was kid that I do a lot better hands on then reading it from books. I wanted to know some different ways of learning that you all recommend. I know Real Estate Investment groups in the area has died down a lot from Covid and just now are starting to pick back up so I will be intending those in the near future. Thank you all for taking your time and reading this and providing your feed back. 

Hello everyone,

I found a duplex on the MLS that seems like it has a lot of opportunities for myself since I am a first-time buyer. The property has been rehab and has tenants in one unit. My only problem is the local homes do not seem like they take good care of their yards and right across from the house there is an abandoned warehouse or it's being used but pretty worn down. I am afraid this will hurt the value and hurt the opportunity of being able to rent it out. The house is going for 179k. The total square feet combine is 900. It's pretty small. The roof, floors, and appliances have been completely redone.

My main concern is the surrounding area. What do you all look for when it comes to the local homes?

Thank you all for your time.

Hello everyone,

I've been looking at Duplexes in my local area to invest in. The ones I have came across seem like it would be a bad move after running the numbers. I keep seeing posts on here talking about single family homes being the best route for new investors. My question is to the ones that have already invested in single/multi family homes. Which one would be the "easiest" to learn as someone who is starting out. Thank you all for helping. I highly appreciate it.

Hello everyone,

So, I finally found a real estate agent that's alright. Just run into a problem. I am having a hard time running the ARV on these properties. It might be due to the fact of lack of trust in myself and the people around me. I am thinking about pulling out and looking over myself but also worried if I pull back I won't ever go back in. Internal battle that I am having. Small hope I do have is in the last 2 months in have talked to real estate agents about my wants and what I am looking for. I have looked at several properties, I attend my first REI meet up this weekend and I have talked to loan officers, hard money lenders and my VA money lender. 3 months ago all I was doing was listening to the podcast. This is where my hopefulness comes from. Just from the lack of taking a step. Now, I have taken this step I feel like I do not know a dang thing. Anyways, this was great to get off my chest since I have a hard time speaking to the spouse about it. Thanks to everyone who took the time to read and gave feedback.

Hello everyone,

I am trying to find out how everyone got started with their BRRRR strategy. My main question is how much money would someone need to be able to get started. If it's a high amount (50k) would it be smarter to use my VA house loan and buy a multi family and rent out the extra units than try to approach the BRRRR strategy again. Thank you all for your time.

Hello everyone,

I have very little amount of money to start in real estate. I am trying to get my foot in the door but when I tried the opportunity that I thought would do this was not due able without possibly committing a crime or trying to bend the law to my favor. In the state of Florida it seems like its illegal to do wholesaling without a RE license. On top of that. Brokers out in my region do not want to take on the risk since it's a gray area in the law. So, now I am stuck but do not want to give up. What do you all recommend for myself and my wife to get our feet wet in the opportunity of real estate. Thank you all for your time.

So, as long as i do not do a net list i should be fine? I am looking into John Thedford forums to see what he has said about wholesaling in the area. I am also contacting the broker that will be hiring me to activate my Real estate license (Start taking these courses Friday) to shed some light on this as well. Thank you for replying and helping me out on all of this. 

Hello everyone. Here's a question for anyone that has a state that makes it illegal to advertise properties without owning them first. I am in Flordia and talked to a lawyer who said you cant not advertises properties at all even in private becusse Florida has it that you'll need a real estate license to do so since you do not own the property and only have it under contract. So, now I feel like I am stuck in getting my real estate licenses. Wondering what people around me are doing and wondering besides being able to Adverties the homes. What other benefits could I see by getting my license. Thanks in advance.

Hello everyone,

I am looking for a title company in the local area ( Bradenton/Sarasota) that is trust worthy and that you recommend that are wholesale friendly. Thank you for your time again and thank you ahead of time for the advice/help.

Thank you so much for your reply. I will come up with something similar to that than to make it as easy as can be for them. Great advice and thank you again.