All Forum Posts by: Steven Dreyer

I’m going to second @Jake Thomas on this one. I’m working with him now and it’s going great!

@Bryan O. those are awesome suggestions! It all comes down to I don’t know what I don’t know so I’m looking to you all for ideas! Thanks you for some good ones!

@Jake Thomas thanks again for all the help! I’m going over every one of them with my wife and we are both excited! I am going to contact the lenders to see what we can do once I get the times lined up being 14 hours ahead.

@Tim Puffer I originally grew up near this market so I’m semi familiar with it and am still researching it as well. I have reached out to a few other investors as well. 

I am looking at SFR and small MFR.

@Naftali Tolibas the PM and real estate agent I work with have contacts for contracting and rehabbing. I’ve reached out to a few of them as well!

Thanks for the suggestions guys!

Good day everyone! Long story short I am investing out of state and I have money wrapped up in a CD fund for another month. This money is going to go towards my down payment for my first property, I just have to wait for it.

I am in contact with a real estate agent and a PM and am basically ready to go. I have two banks that I can get a good conventional loan through although I have not gotten an official quote yet. My agent sends me MLS listings and I analyze them and become more familiar with the market.

With the background out of the way, what else can I do to feel useful until I have these funds in the following month? I’d hate to just sit and wait it out. What can I do besides research (I do a lot of that) to help prepare me?

Thanks again and love this community!

@Bryan Sandera thanks for starting this, I’m going to be following it for sure. 

Good luck out there everyone and thanks for beginning this post @Ben E.! I’ll be buying turnkey in GR hopefully soon and will be looking at each of these property manager companies. 

Hey @David Singyee!

I'm still relatively new but my 2 cents worth:

I think you should set out your clearly defined goal then work backwards from there on how you're going to accomplish it. This may help you focus on what you need to do and help with the scatter-brain. If you love what you do then continue doing it. I plan on continuing working full time while investing passively because I love what I do.

I can't tell you how to get there but make a solid plan and be ready to adapt to changes. Also just keep doing what makes you happy. That's what's really important. 

Good luck out there!

-Steve

Thank you @Ezra Mash and @Sebastien Hitier!

@David Powell I haven't yet decided on who to go with. I'm still doing a lot of research and analysis at this point. It seems as though @Caleb Heimsoth has some more insight into this. I'm semi curious as to how the experience went as well. 

@David Powell yeah I was looking at Memphis invest as well. I'm deciding to go with one from my home state. It all comes down to due diligence when checking these out.