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All Forum Posts by: Young Hwang

Young Hwang has started 4 posts and replied 14 times.

Post: Investor friendly agent needed in Phoenix area

Young HwangPosted
  • Flushing, NY
  • Posts 15
  • Votes 2

Hi,

I'm a out-of-state investor looking to purchase a buy-and-hold rental property in Phoenix. Anybody worked with an investor friendly realtor that you can recommend?

Thanks!

Originally posted by @Melanie Johnston:

@Young Hwang Multifamily or single family? Do you have a budget in mind?

Melanie

Hi Melanie,

I'm looking for condos, preferably 2b/2b, in the $100k range.

Hi,

Like the title, I'm looking to get into the Phoenix area, specifically class A/B neighborhoods. Any tips on which area I should start looking at?

Thanks!

Please send me more info and also add me to your mailing list.

[email protected]

Post: Turnkey as first purchase? Then what?

Young HwangPosted
  • Flushing, NY
  • Posts 15
  • Votes 2

@Ian Reeves @Caleb Heimsoth Thanks for your suggestions, I will keep searching...

@Dave Van Horn Thanks for the info. Can I PM you regarding some more details?

@Bob Malecki @Dave Van Horn Does this hold true for other state formed LLC's? For example, Wyoming and Nevada?

Hi,

As the title mentioned, anybody here have any prior experiences with buying turnkey properties from realwealthnetwork.com?

Thanks,

Young

Post: Turnkey as first purchase? Then what?

Young HwangPosted
  • Flushing, NY
  • Posts 15
  • Votes 2

Thanks for the info @Tom Ott

@Chris T. I see what you mean. Maybe I should search for wholesalers in my area (NYC)...

Post: Turnkey as first purchase? Then what?

Young HwangPosted
  • Flushing, NY
  • Posts 15
  • Votes 2

Hi,

I'm just starting out and trying to get a first investment property. Looked through the site and read a lot of discussions, finally decided that maybe a out of state turnkey property will be appropriate as the first investment.

However, I also have the question if I put 20% down and get a conventional loan for the purchase, how will I be able to get a second property, say, 6 months or a year later? Keep saving with the income from my day job? or are there anything else I can do with the turnkey property that can help fund my future purchase(s)?

The area I'm looking at is Kansas City, MO, which I believe has seen some appreciation over the past few years, but mostly for properties in A neighborhoods. I would be investing in B neighborhoods so I think I will need to rule out appreciation for now?

Thanks,

Young