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All Forum Posts by: Lucas Redd

Lucas Redd has started 2 posts and replied 2 times.

Post: How the numbers work..

Lucas ReddPosted
  • Gainesville, GA
  • Posts 2
  • Votes 2
I want to start analyzing deals everyday and kinda understand how but kinda don't... I understand how to do the numbers to get cash flow but don't understand how to get Cap Rate and Cash-on-cash... also, what are the ideal percentages that I would want to see from each deal? Any help is greatly appreciated. Thanks!

Post: First timer.. Need advice

Lucas ReddPosted
  • Gainesville, GA
  • Posts 2
  • Votes 2

Not sure, but I would assume someone has had this dilemma... 

My wife and I recently graduated, got into corporate America and are now in LA. We have saved but can't imagine spending all we have on a down payment. We would love to invest but more than likely we will move back home in the next couple years... Where real estate is 200% cheaper. 

We want to start somewhere, just having a hard time deciding where to start. We have a strong desire to own real estate and manage properties but having a house would be nice as well since rent is expensive. Any insight into this would be great. Thanks!