All Forum Posts by: Mandi Martinez

@Ana Coello thank you for your response Ana. I truly appreciate the advice and will definitely take it! Thank you for your positivity and I am sending the vibes right back at ya!! :)

@Olga Shahan hello Olga! That would be wonderful! Wow. Thank you so much. I’m focusing in and around carrollwood, Seminole heights, town n country, south tampa, and lutz. Maybe we can meet sometime?!

@Michinori Kaneko You are awesome! Thank you for that explanation. It definitely helped clear my head.

@Michinori Kaneko hmm ok that makes sense. I guess I just don’t want to sit for two years hoping for the home to appreciate just to get a profit of 200/300 a month. Am I thinking about it wrong? I want to change my mIndset so If Im not thInkIng about It clearly let me know. I just want to continuously reinvest, I don’t want all my money tied into one house..

@Luis Ortega thank you so much! I really appreciate you taking the time to respond :)

I’m not sure if this is the right section to post this question, but I literally have hundreds of questions and am extremely overwhelmed. ANYWAY: I am ready to jump in and buy my first investment property but I originally planned on fix and flip single family homes, and now I’m thinking I should not close off buying a house to rent. The problem is I do not understand how I get my money back with a rental? It is clear that with a fix and flip the money invested will come back once the house is sold and then I can re invest my profit, but if I put a 20%down on a rental how do I get my cash back out of that house to re invest? I have saved up 65k which I know is not a lot to some but to me it is and I do not want to put it all (or a big chunk) into one property to make an extra $300/400 a month and no way to continue investing... What am I missing here?

@Andy Mirza Thank you Andy.

@Nick C. Lol! Ok thank you

Hello all! I am very (VERY VERY) new to the fix and flip world. I am finally ready to pull the trigger and get my first deal! (Yikes!) Unfortunately I have put in offers, but I am continually beat by someone else who offers WAY above asking price. So I have turned my focus to the foreclosures in hopes that I won’t be in a bidding war as bad as I have been. I am looking for advice on the ethical way to approach someone in pre-foreclosure. I personally know how heartbreaking it is to be in that position and definitely do not want to call or write someone and sound like a jerk. Any good one line introductions or small speech’s that one has effectively used would be such a big help for me! I genuinely don’t want to pressure or swindle anyone, so if that’s the advice one has to give please refrain from commenting. Thank you!