All Forum Posts by: Scott Louis

Do you think there will be tax sales to look out for in light of our current unemployment? 

Thank you Lee, Ive been studying and tryin to learn as much possible right now due to the current economy...and I am  watching videos from Grant Cardone with Cardone Capital. He teaches to avoid anything less than 16 units. He also says theres 4 ways to invest in real estate (reits, do it yourself, or syndication, or his way where he puts his own money in) His strategy seems to be invest in the largest complex with a good cap rate and good cash flow, stay in for a few years and then sell it. Is he a good person to follow? Do you recomend do it yourself for starting out or a syndication? I am already invested in a few REITS 

Why not pay down the principle as fast as I can?? 

Thanks for the response. When looking for properties to invest in should you assume 1% return per month? SO if the unit is valued at $400,000 I should be looking to earn $4,000 per month in rental income ? 

Also, I think the prices across the board have seem to have increased astronomically over the last 8 years. Will they go down anytime soon? I heard luxury houses usually go down first, but with this virus putting so many people out of work, it leads me to believe there will be some tax sales to look out for

Hello I have been a stock market investor for the last few years and now I am wanting to learn more about real estate investing. From what i have researched Theres a few ways to do it (Reits, syndication, or to buy a unit yourself) What do you recomend the best method is? I have previous experience subletting with Airbnb units and it was very profitable until my apartment barred tenants from doing it. Also, I live in Nashville so we have booming job growth yet prices are overvalued. Would it be better to wait or get in now? Thanks