All Forum Posts by: Carlton Perkins

Thank you!!!

Newt,

Get it inspected first to address all issues. Next, talk to the neighbors. You may want to also talk to the HOA about any restrictions. The neighbors may not be needed with this. Finally, ask a rehabber, make that at least three, crunch all your numbers on a worst case scenario to see if this is financially solvent.

C. Perkins

You sir, did a great job.  I only have on thing, if the comps are 130 - 150 and they owe 80 and you would have bought it for 80, why didn't you buy it? They would have broke even and you could have pocketed some serious cash?

C. Perkins

Good afternoon BP,

I want to purchase a four-plex.  I am looking for various ways to source them.  Do you all have any ideas?

C. Perkins

Good afternoon BP,

I want to take my investing to the next level.  I am thinking about purchase either Investway or Propelio.  What are the pros and cons of each? I want and welcome your thoughts.

C. Perkins

@Meagan Travis

1st - read the Ultimate Beginners Guide

2nd - take your time and become educated

3rd - find your niche

4th - develop your business plan

If you have any questions, feel free to reach out.

@Franco Urbaez

Get creative - owner finance..... If possible. If that doesn't work, try a smaller community bank. Make the terms worth their while.  Chances are, the smaller the bank, the better the chances. Just my $.02

@Cortney Arenstein

Go look at the property and run the numbers.  If the floods didn't hurt it and it is a good deal, it will find an investor.

@Kevin Guo

In your contracts, always have an escape clause. Such as, contingent to person X approval, contingent upon inspection, contingent upon "whatever you want to do be placed here."

@Jim Breedlove

If they are serious, they will give you what you have asked for. If not, do not be afraid to walk.