All Forum Posts by: Ronald Erwin

@Richard Sherman 

iv bin looking into Oregon's market keizer/ salem area I have found a few properties there but when I plug in the numbers it doesnt cash flow unless I offer at the 70% rule. I'm looking in that market because I'm moving back. but for example the iowa market I can go buy properties like you said low and cash flow quite a bit. I'm thinking that I might just start investing in the midwest as properties are cheaper in cost and cash flow easier.

hello everyone! I have bin seeing alot of multifamily homes that are priced according to the market in the area, makes sense, but they say the property is cash flowing. I can see how it is for them but at the current price and rental rates I would be a negatively cash flowing property. if I offer 30% below the market to get the property to cash flow it, would you think people would actually expect? my realtor is awesome he said its just business and explain that to the sellers the worst they can say is no and to just move on would you agree

@Stanley Bronstein what kind of problems can arise? how would u choose one and what qualifications would you look for

I know it says your both, but if you were a newbie how would you choose yours? what qualifications would you look for to find a good one

at what point would your reccomend finding an attorney and an accountant. as I listen to podcasts all day I hear multiple times you need to find a good one but at what point, at your first property or later when you cant manage It by your self? when did you find your attorney and accountant???

hello BP members, I'm about to put my home up on the market, I have some renters in there right. now how would you tell then your selling. and what is the process of selling with someone occupying the property

I currently have a property in Astoria Oregon  that I will be selling  March and i have one property in tama iowa that I will be renting after I leave iowa, my goal is to ramp up next year hope to have 10 in the next 3 years

hello fellow BP members, I will be moving back to Oregon in the next year and hoping to connect with some experienced investors in the salem eugene portland area i will be willing to put in some sweat into your property in exchange for some of your wisdom and eventually look for a partner look forward to hearing from you!!

I do plan on keeping my job, for a while, I dont mind doing alot of work on properties, how do many people buy and hold properties and from what I'm hearing debt/income isn't a problem

hello amazing BP member!! I have a question I dont know if it applies to rental properties. I recently purchase a second home my first one approximately a year and half ago. I wasnt approved for near as much as my first home, they said I had a high debt to income because of the other house how to people keep financing homes and not have this problem???