Hi there,It’s awesome that you’re taking the leap into real estate investing, especially with such a solid financial foundation.

If you do find a deal and maybe it doesn’t cash flow for the first year or 2 but you can make improvements, raise rents on under market leases, manage property effectively and cover your expenses at least you will have started and can look for better cashflow over time.

I'd be willing to put in some sweat equity to compensate for your time and training.

Wondering if you guys used any AI tools which helped in buying/selling real estate?

Hey Brian,I am a real estate agent that solely deals with off-market properties in Chattanooga.

But the question is whether one can actually achieve the proforma cash flow on older properties with a less economically stable tenant base.Based on your picture, you appears fairly young.My advice is buy properties in quality locations think long term 10 to 15 years - slowly and safely build your portfolio - equity and cash flow will increase over time and in 10 to 15 years you may become financially free.People talk cash flow is king but one can NOT generate financial freedom cash flow with $250,000 or $500,000 invested (equity).Even at a 10% cash on cash return, one needs $1.2M invested to generate $120K a year $10K a month.You want property to be self supporting so it needs to cash flow but once that is reached the focus in my opinion should equity growth which increases net worth.

Working with some amazing people who really value your time and advice.

If your loan amount if 700k then a rate decrase of .50% - .625% often times makes sense.  

My company was only a couple of years old at that time, and I was still working a full-time job (working two full-time jobs, really).These are the shirts of men who have to get dressed for work for the day, going into the office from 9 to 5, so to speak.At that time, I was one of those men putting on a shirt and tie.

However, I have been extremely interested in real estate investing over the past month or so.