All Forum Posts by: Taylor Howes

wow guys thanks again. It always seems to surprise me with the great amount of information given to me. Cheryl we will connect and stay in touch thank you so much for the information 

Ok I have been reading a lot about investing. What I want to do is become a land lord and buy property for rental. The only thing is I do not have much money and my fisco credit score is not great. Should I just take a year to build credit and save money or figure out an different approach. My steps at first is sell my car so no more payments ( I still live at home so family will pay payments ) borrow about 5k from a friend and use that to pay off debt (best friend, will take payments each month). I really want to start investing wile I'm still young and make that my career

Thats awesome Michael ! One of these sunny days I will have to get up and do the same thing. What did you say to people when they opened the door? did you have certain questions to help you get as much information as possible ? how long have you been interested in real estate investing?

Keep at it

Dmitriy, thank you 

 I am appreciative for every reply. You guys are truly the best for taking time out of your day to help me! 

Jean and mark thanks for the advice! What I am going to do is continue my "soul searching" It seems like education is key #1 to get the ball rolling in this field. One of the main reason partnership even came to my mind was to help with financing. It seems like there is alternatives instead of forcing it. I have this idea/dream in my head that I imagine. I am owning like 10 properties and my farther who is a handy man (Been in construction his whole life) as my property manager which he oversees my properties as he is semi retired. Even if I have issues that I am not 100% sure how to handle he has been around the block enough times. (eventually real estate full time, thats a while from now) 

I have many things to learn I am going to do some reading and get back to you guys 

Thanks !

sounds great mark Ill set that up now. Jaren that looks like some great info thank you! I will PM you guys if I come along any questions.

ok! that makes sense. I know this is going to be a question that is really open. Say you guys in my shoes what would you do first ? This point in my life im 24 I am working still at enterprise pulling in about 2300 a month working. I have not doen anything towards investing yet besides educating myself (reading books, watching videos, etc) What would be my first step into buying my first piece of real estate. I have been doing marketing, sales and service for work for 2 years now and I am great with speaking to anyone not shy at all. Willing to take any type of advice( once again I love learning from others and are very appreciative!

THANKS ONCE AGAIN GUYS ! This really means A LOT !

you guys are great thank you so much ! Few questions I have off these responses. The reason we are planning to go partners is because we have similar goals of being financially free after a few years of investing. All three of us are the same age and worked at same company (enterprise). Long term we have different views. I want to build a portfolio for investing in homes to rent for a monthly Income over many years. The other two really want to flip houses and have a aggressive plan ( I would still do flips if the deal is a good investment). Myself I am very proactive I love learning and taking advice, the only issue to start is I don't have much money saved to invest and credit is not perfect but it middle score is about 660. Do you guys think I should just invest on my own? Also you said I should do a LLC for rental liability, would you recommend to buy a liability policy instead of LLC .

Ok I am just starting to get into real estate investing. Just wondering we are thinking about getting a website, email, business cards. Should we go and register a company name at the county office. I know sometimes they require a business account opened as well as a address. All said and done could cost up to 300-400 dollars to start this. Is this worth the investment. There are also three of us who will be owners of the company. We are looking to buy/rent and buy to flip

I used to live there/ rent. I loved it there. The only thing is mostly lower income city. The crime rate over past 10 years is really high. Like most towns and city there is many nice areas and bad areas. Plan on dealing with college students as well. Two colleges there Albright and reading community college.