All Forum Posts by: Shannon Vinson

@Alec Granger

Thank you so much for the reply! I keep hearing that flipping houses is getting really oversaturated nowadays. Do you think it's still a worthy investment? And is it fairly easy to get into and get started? Also on average how long does a flip typically take from start to finish? Thanks so much for your time!

Hi, I'm new to real estate investing, if you haven't figured that out already. So I've been researching and learning everything that I can for the past few months now and I still don't feel like I know enough to jump in. I want to be successful so very badly but I just don't want to make a mistake that's going to cost me loads of money.

I'm 24 and my girlfriend and I are currently living with my parents and we both work and make an alright living. We have about 10k saved up but we want to move out as soon as possible. What is a really good way we can move out and get started in REI at the same time as effeciently as possible?

I wanted to do some house hacking in a multifamily for my first deal but I can't seem to find anything in my area (Southwest Florida) worth investing in. Then I changed my mind and decided maybe I should just buy a house, renovate it, live there for a year and then move out and rent it out. Has anyone started out in a similar situation? Also I would love to start networking if there's anything going on in this area please let me know!

Ok that sounds great! Where are the houses located? And how does the interior look such as cabinets, floors, countertops. Is everything updated? I'm living with my parents currently so I need a place to stay so I was planning on doing a type of live-in-rehab just to kind of update everything and raise the value. And could you give me a more in depth look at the financial side of it? As far as cash flow and expenses? Thank you!

@Lord Svetoslav Pavlov

Hi! I am definitely interested. Could you tell me a bit more about the properties?

@Felicia Hernandez-Fortunato

Hi! I'm new to real estate investing and I'm looking to network and meet new like-minded people. I will also be needing an agent soon to help me find the right property to start out with. I've been researching and learning everything I can for the last few months now but I think I need to just jump in and get some experience. And I'm always open to any advice.

Interesting. I'm going to look into those. Thanks! 

Hi everyone I'm just getting started and I was curious as to what is popular and what works here in the southwest Florida area. My girlfriend and I were renting a house for a year but I moved back in with my parents to save up some money to get started in real estate. We have about 10,000 saved so far. As far as strategy I was leaning toward doing a low or no money down, owner occupied, single family for a year and fix it up a little and raise the value and then move into something else and rent it out. Any advice is greatly appreciated!

Would this be ideal for someone just getting started?