Based on what my real estate agent thinks that this quote will be, roughly, and the after repair value, it looks like I could buy this property in cash, spend a month or two fixing the damage, and then put a mortgage for roughly 1.6x what I paid for it and thus have a cash flowing property at a few hundred dollars per month and a little more money in my bank account ready for a down payment on the next deal.

PS I’m all for buying real estate , but we know that having a  job can be a blessing for many people starting out. 

Exciting times ahead with your move and real estate journey!

I am an active real estate broker and general contractor here in Memphis and this is a great market for RE investing!

One place is networking at a Real Estate Investors meeting.

How does everyone feel about investing in Oklahoma? I would love to know!

Does anyone believe they can just call a state real estate commission and get consent to teach in an accredited real estate school.

I'm a part-time CFO (Chief Financial Officer) for real estate developers across the country, most of whom are trying to give back to their communities through their real estate development skills.I'm also a former Director of Lending for a CDFI that lent money to local developers rebuilding LMI and under invested communities. 

It pays to know when to just hire an independent financial advisor and do what you do best.In my 45 years as an active investor across real estate, businesses, commodities, and almost everything else I’ve developed a few “rules” that I believe should never be violated 1.

We’re more than just a property management company—we’re your trusted real estate partners.I’m originally from Chicago and a big Chicago sports fan (even though the last few years have been rough for us).