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All Forum Posts by: Nicholas Groover

Nicholas Groover has started 13 posts and replied 40 times.

Post: Getting started financially

Nicholas GrooverPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 40
  • Votes 8

@Craig Jeppesen yes I'm excited to have my first child and was thinking about that too, wish he/she was coming sooner then Feb. Lol

Post: Getting started financially

Nicholas GrooverPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 40
  • Votes 8

@Marcos Paulo Cerra yeah I was reading what some of them are and it's terrible idea. Lol, thanks man!

Post: Getting started financially

Nicholas GrooverPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 40
  • Votes 8

@Randy Bloch I have tried but not in that exact way. I will keep trying! She does like real estate but is not obsessed like me. Lol, but yes I'm currently have an opportunity to make another 10-15k a year working somewhere else. If that works out it would put me in a much better position. I appreciate your time and input! Congratulations on almost getting there! I can imagine you are excited.

Post: Getting started financially

Nicholas GrooverPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 40
  • Votes 8

@Randy Bloch thanks! I actually bought my first house a few months ago, it was a foreclosure and I know I have a good amount of equity, just frustrating knowing I have money sitting there but can not put it to work! My gf doesnt like the idea of house hacking. I do love the idea!

Post: Getting started financially

Nicholas GrooverPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 40
  • Votes 8

@Cole Raiford that's my plan I guess I just feel I'm in a rut. Thanks for your input! I will keep chipping away

Post: Getting started financially

Nicholas GrooverPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 40
  • Votes 8

Hello everyone, I have a question for some professionals and financially savvy people. I want to get started in real estate and I know first I need to get my finances in order, and I have always been great financially. It seems with having a girlfriend that lives with me and a baby on the way that I cant seem to save any money. I dont make a ton of money but probably 45k a year in AL, I do have a 401k where I have 4k in. Would you cash that out in the future maybe when it grows to 10k or so, or just keep trying to save. Currently trying to find a better paying job. I also sell insurance on the side. I am a few thousand in debt (credit cards). Any advice would be great. Thanks!

Post: Wholesailing first deal

Nicholas GrooverPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 40
  • Votes 8
@Joseph Back will definitely look for that if we get down to the agreements. Thanks!

Post: Wholesailing first deal

Nicholas GrooverPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 40
  • Votes 8
@Ned Carey thanks Ned!

Post: Wholesailing first deal

Nicholas GrooverPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 40
  • Votes 8
@Ehsan Rishat thanks for the advice, I want to go after it but I'm nervous with it being a big lending company. I've talked with an attorney and he didn't really take me serious unfortunately but said my contracts were good.

Post: Wholesailing first deal

Nicholas GrooverPosted
  • Rental Property Investor
  • Birmingham, AL
  • Posts 40
  • Votes 8
So I have a house that has some fire damage and a mortgage company owns it now so I'm assuming it was foreclosed on. Can I still wholesale a foreclosure and if I can who do I ask to talk to at the mortgage company to see if they want to sell?