All Forum Posts by: Robert S.

@Soh Tanaka

Where in Gary?

NWI is super hot right now and the areas you can buy those houses in I would suggest not to.

@Randall W.

I tried to listen to him as well man and like you said way to conservative don’t buy income properties unless you buy all cash? Whole point in my opinion is to buy to rent so tenants pay it off for you no?

@Christopher V.

Good luck bro! We’re closing Friday and have some remodeling to do and this is useful for when we’re ready to rent out

@Twana Rasoul

Your statement just made me change my stance. We have a pretty good amount of equity in our primary right now and I always said that I don’t wanna mess up like my dad and take money from under the house but I wanted to so we can purchase a second rental property but my wife was against it and I think what you said is strong security does give you peace of mind and I rather not gamble my home. Thank you.

@Dave Spooner

Going to have to be what’s it’s going to be I guess lol have to make this first jump and go from there I guess now or never something I always wanted to do and it gives me and my wife something to bond over she can be doing this stuff while I’m at work.

Education costs bit at least even at 85% will give me capital to buy another one.

@Dave Spooner

Cash purchase

We got an SBA loan and used that to buy it. So will be paid off technically.

Original estimates worth was little over 100 got it in the low 80’s have 30 to put in but should lol get done for under 20

I’m no professional yet obviously lol but calculating all the numbers including the $400 SBA loan payment we should have a pretty decent cash flow with using the low rent # which I believe we can get more. I’m more worried about keeping the process going worst case scenario we do have very decent equity in our home but I prefer not to touch that

@Adrien S.

Closing in Merrillville on Friday once we rehab and refinance I will be looking for deals as well I live in Dyer send me the lists if you don’t mind.

@Adrien S.

Just mentioned them in another post very nice guy

@Chris Seveney

You can buy houses there for a few grand Hammond is way better but if you see Dyer , Munster , highland , Griffith , Schererville, merriville or crown point jump on that all these areas are hot right now.

@Juan Garfias

For future anyone ever needs one I’m the area Hawk inspection used them 2 times already honest on time

And do a great job my real estate agent hooked me up they are great.