All Forum Posts by: Account Closed

@Corey M. Depends on the deal, you can always negotiate or create the right deal. Also depends on your wholesaler. We are seeing about a 40% cash-on-cash return from our real estate investments in our markets with very minimal risk.

@Robert Palladino I have used it twice and its been a great experience, all depends on the deal you are wanting to do. Best thing to do is to see what banks are offering the best deals and move from there.

@Lucas Ritter I would do some research in tertiary markets, understanding what they are, who lives there, the value that can be created for the residents and yourself. Get as educated as you possibly can.

@Quinton Huntley I would move my attention to a tertiary market outside of the big city, you have a lot of military markets around the area that would ensure your success in the market place. They have great rental rates and if done correctly you could build up a lot of rentals.

@Corey M. You could do a few things, one of them being not reinvesting in California. There are plenty of tertiary markets out there that could yield you the best possible cash-flows and safety, unlike primary markets. You could get a tri-plex for $190K that rents at $3K monthly. You just need to know where to look.

@Dacoda Kincaid Would you consider TX? If the price was right?

@Moritz Bode No worries at all, we all had to learn it someday.

@Moritz Bode each appraisal will have a line by line break down that many would be happy to explain, it may cost you some money to get them out there for a real appraisal, but if they do that, it would a "like-new condition" report. You can always call and ask for desk appraisal. 

@Moritz Bode My advice would be to tour some homes in the local area and see what is listing and getting the most interest. You could also contact an appraiser to walk the home with you as well.

@Mark Ermence