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All Forum Posts by: Travis Avenarius

Travis Avenarius has started 9 posts and replied 15 times.

Post: Mortgage; referred to “in 1st position?”

Travis AvenariusPosted
  • Real Estate Investor
  • Cary, IL
  • Posts 23
  • Votes 3

what does the term "mortgage in 1st position" mean, what are other positions? Thanks!

Post: Best Path?

Travis AvenariusPosted
  • Real Estate Investor
  • Cary, IL
  • Posts 23
  • Votes 3

Gentlemen, thank you for your responses. Ryan your right, I did leave out my situation....but i have a job, full time. I have enough time in the day to do deals no doubt. I have very little in expenses, car payment, phone bill, credit card bills. Nothing overwhelming. and I do have about $8,000 in capital saved up. I am looking at doing at least 1 deal that Mr. Joseph Ball mentioned down below within the next 6 months. and I figured I am looking to establish a good number of deals that cash flow very well over quantity over the next 5 years with rental properties. I dont have a legal entity set up yet, a sole prop to start out, and short term investing. then a LLC for rental properties. And the job I have is good, I work around some investors sometimes, so i figured I can keep my job part time and gain some networking perks with it. If you dont mind me asking how you got started? More specifically, did you get legal advice first and set up your business entity, or did you just charge in with a mentor and capital? or did you use a GURU set of education and use that?

Post: Best Path?

Travis AvenariusPosted
  • Real Estate Investor
  • Cary, IL
  • Posts 23
  • Votes 3

Hi, I have been studying real estate investing for almost 8 months now.

And theres still so much to learn haha. any way I am looking for a niche, I figured wholesaling; then I have heard that wholesaling is for more "experienced" investors. and That Fix and Flips is the best way to enter the market place and start investing.....Now im not really looking for opinions, sorry, im looking for more logical reasons on which way to go... any one else having the same issue? and advice would be greatly appreciated, 

Best Regards,

-Travis Avenarius

Post: Choosing Professionals?

Travis AvenariusPosted
  • Real Estate Investor
  • Cary, IL
  • Posts 23
  • Votes 3

WOW! These responses are INVALUABLE! Thank you gentlemen for those professional answers, and thank you so much for what services you provide.

God Bless,

-Travis Avenarius

Post: Choosing Professionals?

Travis AvenariusPosted
  • Real Estate Investor
  • Cary, IL
  • Posts 23
  • Votes 3

Hello, I am a passive investor with no exp living out of the illinois area, and as a w-2 worker I am looking to transition to the investor side.... with real estate. So i have a question in regards to building a wealth building team....what do real estate investors usually ask about a professional that qualifies them best to suite their investing interests? Like what questions do you usually ask a CPA, or a Real estate attorney?

Thanks, best wishes,

-Travis Avenarius