All Forum Posts by: Sterling White

@Drey S. I personally would do cash for keys in this scenario and it should work out. Versus going the other route. Keep the communication in written form like you have been doing

Welcome @Sabrina Silva yes you are correct on the tax benefits that real estate has to offer

Welcome to the site @Richard Astley you are in the right place. Glad to hear you getting in the RE market and sounds like you have a very adventurous career thus far. 

What market will you start in?

As @Larry Friedmentioned you may have to look out-state if you are seeking cash-flow due to the amount of capital you have. As you might have read through the various forums due to the rising property values in your backyard finding cash-flow positive properties can be difficult to find. 

Also welcome to the site and wish you the best of luck in your venture

Great to have you on the forum @Miguel Galeano what markets are you looking into?

@Jesenia Rodriguezwhat do the numbers come down to? And congrats on finding your first potential flip

@Sam Valme I am not familiar with this location however I do look at similar trends such as this one in areas in my market. 

Besides this purchase by Tyler Perry are there any other anchors in the location or even city plans to revitalize surrounding neighborhoods?   

These are a couple things to take into consideration. 

I agree with you @Rick Birkey on the Dallas market being hot. With all of my rentals I hold on for the long haul unless someone is paying a premium for the asset. It comes down to what your goals are really.

If you do decide to sell hope you have a property lined up in that hot market for a 1031 

Ouch that is not a landlord friendly market from the looks of things. Hopefully tenant as @Justin Ericsson stated will take a cash for keys for best case scenario. 

@Robert Taylor I have attended one of these in the past and they do very little of teaching on the subject of wholesaling.

I may have had a different teacher however so can be different in your case.