All Forum Posts by: Vamsi Boddu

Just to finish what I started, we received 111k worth of Credit Card limit between me and my partner, it could have easily been 10k more but Chase put my application on hold and we decided not to pursue it anymore in the first round of funding.We now have the money but there are no good deals for us and we already lost a month so we are now considering investing this money in Crowdfunding sites like Realtyshare or Fund Rise to offset the 3500$ application fee we paid to Fund and Grow, so if we can't close on a house, we at least can make enough to offset the cost of the application.

Fund and Grow is awesome, I was not even aware of companies like these before.

thanks @Otis Sanders nice to meet so many folks involved with Real estate closer to whee I live :-)

thanks @Brian Garrett I am currently working for a client in West Palm Beach,I am wrapping up with the project(Non Real estate related) this Thursday.  I will be more involved with Real Estate until I find my next project because I’ll be free :-)  Perfect time to learn,Network and take action.

Thanks @Tom Ott

@Rita Medeiros awesome..thanks for the info..I will look into the events and would love to come to the meetups..

Thanks @Harjeet Bhatti

We are looking for active Wholesalers in Columbus,OH area. We are looking to buy Multifamily homes(Duplex/Triplex/Fourplex) in this market, we are cash buyers, we want to buy these properties for buy and hold rentals. Please let me know if anyone would like to add us to their buyers list.

Hi folks on BP. My name is VamC, I am a new member on BP, just wanted to introduce myself to the folks out here. I am based in south Florida, I am an  IT guy by  profession and have been in this industry for the past 12 years, up until 2017 the only connection I had with Real Estate is my primary home.

From listening to podcasts and reading few books I've realized that Real Estate is the investing vehicle  I want to go forward with, I am not a fan of stocks but funneled money to my 401k all these years just like most other folks do. . Last December(2017) I partnered with my brother and 2 other friends and bought 4 rental properties(Single Family Homes) through a turn key company, these properties are in C class neighborhoods. We are now planning to buy homes in Midwest in  B Class neighborhoods so we can compare and decide what class of neighborhood we are most comfortable with.

Since all 4 of us have jobs, investing in Real Estate  is primarily to generate enough passive income to fund our lifestyle and then go full time with investing and eventually retire from our jobs :-)  I hope I can network with other awesome folks on this site and learn a thing or two about investing in Real Estate. We definitely wanted to stay away from analysis-paralysis phase so we went ahead and bought the 4 properties, we hope those properties will be a good learning experience for us. If we screw up, we definitely won't give up :-) we will try to learn from the experience and listen to folks out here so we can do better the next time..Happy investing folks..

@Sheldon Morgan if you don’t want to pay money to the bank for balance transfer,they recommend you to buy gold and sell it back in a few minutes or hours to get the money sent to your personal bank account. I am just going to try  it out and see if it works, if I feel that it is a hassle,I will pay for the balance transfer.

@Lakshmi P.I and 3 other partners bought 4 properties(SF homes) in Indianapolis,IN through Morris invest . The properties are under rehab, they usually say it can take anywhere from 10-12 weeks once they start the rehab but due to bad weather this year, it is taking a little longer for the rehab on those  properties. Hopefully we can find renters in the next 2 months.