All Forum Posts by: Steven Caldwell

So if your new like you say why are you giving the poster financial direction? Your post does not seem to be neutral anyways.

whatever you do.. stay away from Jefferson Park... especially areas south of the blue line... I don't need to compete against other investors in my stomping grounds... lol

Hey @Jon Kelly I haven't been able to find a duplex yet but out of the ones I've seen there aren't any at 2%. I have another place to stay until I get a duplex I currently have a realtor sending me some once they hit MLS.

The right way Dummy is to develop a relationship with an experienced real estate investor and have your investor by the property and when the deal closes escrow your investor pays you a finder fee bonehead!!!....It's just common sense you so called flat broke wannabe horrible wholesalers don't have no money no nothing bonehead why would you get in an contract with a seller of a house and you don't have no money bonehead?.... The way I described it is the right way to do it bonehead!!!.....You need to stop lying Bonehead nobody is making Millions so called wholesaling Bonehead it's a SUCKER born every minute!!!..... Wholesalers SUCK!!!!!!!   " THE FLIP KING" ...... " THE KING OF THE FLIP "

@Lynn Berg @Shawn J. I would say that the $1,000 per month is pretty conservative if you manage the STR yourself. I currently cash flow over that in Tybee Island, GA, Pawleys Island, SC, Weaverville NC, and Avon, NC. Since I bought those properties, the prices have gone up and the rates are up so I would say its more challenging especially because people lose their minds in these markets so a lot of the furnished rentals get a bunch of offers but I've seen that Panama City Beach still has condos and townhouses for under 400k that are right across from the beach. I went under contract on one of those a few weeks ago so I'll have more feedback if that ends up closing but Gulf Shores, Al and any of those North Carolina mountain towns can definitely still cash flow well. There's a few easy things you can do to stay booked which I can talk to you about anytime if you want.

let me save you some time. I always jokingly say look for coffee shops. If you find indy coffee places with fancy brands= A class. If you can find a Starbucks, you are likely in a B class. If you have to go to 7 eleven for coffee and no one drinks coffee= C class. If there is no coffee... and no 7 eleven... run!