We ARE a chapter of National REIA, so joining gets the paint discount, cabinet program, and rebate - as well as access to all the other national vendor perks and programs.We're in process of getting local vendors and sponsors lined up as we move forward.Starting in September, meetings will take place in the evening on the 3rd Thursday of each month, 5-9pm, food and non-alcoholic refreshments provided (buy your own booze). 

Investment Info:Single-family residence buy & hold investment.

Tell them if they have any clients considering buying an STR, you would love to help if needed.

How do you finance Buy and Hold real estate under $85,000.00? 

You make money when you buy

Buy houses that make money here and they’ll pay for your vacations :)

That presents a great opportunity, however it is hard to scale when buying everything with cash. 

Your tenants will pay down your mortgage and you can use some of the money from the rental to either help pay down your student loans faster or save to buy another property.

Many Multi-family properties now in debt service trouble as the GPs took out very risky 2-3 yr floating rate or adjustable loans so they could cash flow after buying very expensive 3Cap apartments, which loans have gone from 1.5% to 5% or higher, and knowing that obvious and predictable risk since every primate could see mega-inflation coming in early 2021 due to more money printed in 2 yrs than first 200 yrs of country, They "smartly" took out Rate Cap insurance, (cost 50k for a 12 month policy on 10mil loan to cap variable insurance rise about 1-1.5% above the origination level) but now that US 10yr up 10x from 0.31 in 3/2020 to 4.2%, that same insurance policy is 1.5-2.0 million not 50K, so They can't cover the much higher debt service nor buy new cap insurance without shutting down distributions or capital calls.

The strategy to use is to go knock on the doors of some of the foreclosure properties to see if you can buy the property before its foreclosed on