All Forum Posts by: Tiffany Griggs

Hello,

My husband and I are new to the real estate investing club and are looking to learn and connect with knowledgeable and reputable people.  We currently teach oversees in Abu Dhabi, UAE, but we've spent most of our adult lives in SE Georgia.  We have wanted to invest in real estate for quite some time but never had the time, energy, or money to do so.  Living oversees has afforded us both the time and energy (still working on the money aspect).  We have done quite a bit of research, but don't want to get into the "analysis paralysis" mode, so we've decided to search for people who could help us on this journey.  @Sterling White suggested that we connect on BP and here we are.  Our current need is in analyzing markets.  We aren't sure which market(s) to invest in and a good deal doesn't necessarily mean a good deal if it is in a not so good area.  Any suggestions you can provide is greatly appreciated.  We look forward to posting several success stories here and helping others in this journey to financial freedom.  Thanks

Also, is there a way to change my current location or look for other investors who live in my current area?  I only see options for US addresses.  It would be nice to maybe meet up with other investors in this area that are looking to invest in the US.  Oh, and no we are not military, lol.  

Hello,

My husband and I are new to real estate investing and haven't done our first deal as of yet.  We have committed to analyzing 5 deals a week and have been committed to this for more than 5 months.  I think we have a pretty good handle on this part.  Now, we need to figure out how to analyze markets.  There have been several properties that we really like and fit our requirements, but aren't sure if the market area will support it.  What do you do to analyze a market area?  We aren't restricted on a specific state or region (as we live oversees so all will be long distance investing), but we want to make the right choice as far as area.  We've listened to several podcasts (several times over) and read a couple books, but none have given specific information for determining a target market area.  We are from SE Georgia (Savannah and Atlanta), so we know both those areas fairly well, but don't feel that either will give us the returns we are looking for.  

Also, how realistic is it to think you could get a distressed property for 50% (or less) of the asking price?  David Green as mentioned it several times while on podcast and I always cringed because I think it may be a little more fluff than reality.  What are your thoughts?

Last question (for now), do you have any suggestions for acquiring a loan?  As stated earlier we live oversees.  We have excellent credit and a decent down payment, but have not been able to secure a low interest loan.  We are only looking to purchase a small multifamily or portfolio with a couple SFHs.  

Thanks

Hello there.  I would LOVE to come, but it is in the middle of the week and we live in Al Ain.  Please keep me posted on the next meet up (hopefully on a weekend).  Thanks.  I look forward to hearing all the great things that come from this.  

PS- aren't you still jet-lagged? :).  Have a great week!!!

Thanks guys. These are some really good things to consider. I just listened to the podcast on syndication so I got a little excited when it was just mentioned. Our strategy is to start small so that we don’t over extend ourselves and truly learn how to develop our system. We expect there to be a couple bumps in the road, but hopefully it won’t hit as hard because we hadn’t over leveraged. Morgan, I sent you a private message and would love to connect with you here in Dubai. Have a great day guys.

Hello everyone. My husband and I live in Abu Dhabi (near Dubai), UAE but we are from GA. We have started this journey on becoming real estate investors (in USA) and have hit a couple hurdles. I am looking for suggestions on obtaining funding (we have a good amount for a down payment and we have great credit) since we both work out of the country. We would like to focus on small multifamily properties for the first 2- 3 years. Any suggestions would be greatly appreciated.