All Forum Posts by: Walter Roby jr

Home Sales: Days on Market, Sale price vs List price, Interest rates,..

any repairs or is it turn key?

Yelp or search biggerpockets for local title companies, escrow companies, real estate attorneys

Try out property radar. Their desktop app has that info.

I have heard that currently an individual can not get conventional financing on more than 4 properties. If you have 4 under your name and 4 under your spouse's name then that max turns to 8.

Seems like you have a lot of hats on in your current careers. If I were you I would study up on REI and see how you feel in 6 months. If you still have the urge to get into REI then jump in with both feet. Don't get caught chasing shinny objects and trying to do a hundred different careers. You can always focus on getting your income/career path stabilized and excel at that one stream, then study and REI after-hours. You will be able to benefit with W2 income when applying for loans and you will be able to better manage the risk ahead.

 @Fernando Corrado Looking for this information as well. I noticed there are not many meetups in the San Fernando Valley other than a few in Sherman Oaks but we might consider getting one started.

@Chris Heeren 4-5% is amazing let alone the 7.9%.

@Ian Walsh I am constantly digging and trying to understand what solid deals look like. I know the deals are there its just a matter of changing your tolerance and perspective. I posted this to see what class of property others strive for to get positive yields and see some actual data.

@Bill Pate These are fantastic. On the properties requiring extensive rehab, have those turned out to higher yields?

@Greg H. What type of neighborhood is Lubbock (A/B)?

@Ruth Bayang Nice job! How did your pm come across the deal?

@Maxwell Lee What demographics drove you to invest those neighborhoods?

 Good question!