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All Forum Posts by: Ray J.

Ray J. has started 5 posts and replied 79 times.

Post: Looking for a Handyman in Northwest Indiana

Ray J.
Pro Member
Posted
  • Gary, IN
  • Posts 82
  • Votes 61

Hi @Eric Meyer. Congratulations! I just closed on my 3rd rental property, located in Gary, IN, but it's the first one that needs remodeled bathrooms, like yours. I'm looking for the same things, so if I come across someone worthy of referral any time soon, I'll also let you know here. Good luck to you.

Post: Looking for a Handyman in Northwest Indiana

Ray J.
Pro Member
Posted
  • Gary, IN
  • Posts 82
  • Votes 61

Post: Northwest Indiana (NWI) Deal analysis, first deal

Ray J.
Pro Member
Posted
  • Gary, IN
  • Posts 82
  • Votes 61

Welcome and congratulations! I'm also a new investor in NWI. I'm working on my 3rd deal now, closing on the 20th. Good luck! 

Post: First off-market, no broker purchase

Ray J.
Pro Member
Posted
  • Gary, IN
  • Posts 82
  • Votes 61

Thank you very much for your input!

Post: Hi guys I am 23 years old and need advice on what I should do now

Ray J.
Pro Member
Posted
  • Gary, IN
  • Posts 82
  • Votes 61

This is a perfect time for you to study.  I know you have your coursework to worry about, but (I'm assuming here, based on my college experience) you probably have less urgency at this moment for substantial income.  Sometimes, people jump in without a proper educational foundation (I wonder who I could be talking about!) and later find themselves digging out of pretty much an unnecessary hole.  Study now, and when you graduate, you should have good knowledge to jump in. Also, not having to worry any longer about course work could help.  Lot's of people can do both efficiently at the same time, and I commend them, but you will need a lot of focus when you first start investing.

Post: First off-market, no broker purchase

Ray J.
Pro Member
Posted
  • Gary, IN
  • Posts 82
  • Votes 61

Thank you @Robert LaPrelle

Another question.  I have a local cousin who is the manager of his own brokerage.  He often works with investors and has been one himself.  He's busy, but if he has time, I know he wouldn't mind helping me.  I'd pay him, of course.  Do you think I should consider that as an option, or do you think I should just use a lawyer like you said in the first place?

Post: First off-market, no broker purchase

Ray J.
Pro Member
Posted
  • Gary, IN
  • Posts 82
  • Votes 61

Hello,

I and a seller just completed a purchase agreement for a property I intend to buy cash.  However, this is the first time neither party (me, or the seller) is using a broker to help.  I'm contingent on clear title and not much else.  I'm paying ALL closing costs.  

Do I just take the purchase agreement to a title company and they will assist me from here?  Basically, I'm wondering what my next step is.  I'm new to this, so any help is much appreciated.

Post: New Investor from Omaha, Nebraska with ?s

Ray J.
Pro Member
Posted
  • Gary, IN
  • Posts 82
  • Votes 61

Congratulations and good luck! We are just getting started too, focusing on BRRRR. I'm not in your area; just wanted to say congrats.

Post: Hit Another Home Run: In 18 Months Created $4 Million of Value

Ray J.
Pro Member
Posted
  • Gary, IN
  • Posts 82
  • Votes 61

Congratulations on that deal and thanks for the knowledge transfer! I wish you luck finding another one.