Originally posted by @James C Norman Jr :

Originally posted by @Brent Crosby:

@James C Norman Jr here’s your #1 concern. CASHFLOW!!! If you can buy in a good area with consistent demand and you cash flow plenty with a fixed IR on your mortgage you’ll be fine!

Also keep in mind that with all this crazy borrowing governments and corporations have been doing I’d guess inflation is in our future. It kind of has to be at some point otherwise when rates rise people will be in a world of hurt. When you own real estate inflation is wonderful! Paying back loans with cheaper dollars is tough to beat.

The problem is, finding cashflow without the migraine. Vegas area quadplexes are typically D-class properties. The few that are C-class are HOA restricted which cuts into profit margins. I plan to relocate to Vegas and prefer to have my properties within commuting distance, plus I will owner-occupy, initially.

 Gonna take hustle homie. I’d be cold calling lists or something. Off market is the key to finding a decent deal in a tough market. 

@Brent Crosby what insight do you have into that?

Originally posted by @James C Norman Jr :

@Brent Crosby what insight do you have into that?

@James C Norman Jr

You missed a big hint on this post about a good off market deal on this post. The best deals are off market, but you have to find them or make them happen. 

If you still don't get what I mean, see page 6.

Terry 

@Terry Lao I definitely get it. I am asking specifically about the actual process involved. Where are you generating lists? After you found a potentially seller (likely out of state owner tired of the headache and low return) who do you proceed with the sale/purchase? What is your financer source?