Fort Worth, TX · Member since 2015 · 4 posts · 1 vote
So, I have had a couple of rentals with))4 my ex wife. When we broke up, the rental dynasty broke up. O have since remarried and she suggestedcreating a rental/ flipping dynasty (I love her).
I have to do this smartly. I want the slate clean and maybe I can learn something I didn't know before.
I want a cash flow first. I will do a single family house first,but I think I prefer a 2-3multi unit (duplex or triplex). I want to avoid private investors, but I have not ruled out the option entirely
My question(s) to you is:
1. What am I looking for in multiple housing?
2. What other sources can I use to start our dream?
Investor · Riverside, CA · Member since 2014 · 351 posts · 220 votes
11y
Pick an area you want to own 4 properties in and start dropping off postcards that say "I buy houses" then put signs on the poles at intersections that say the same.
then get prepaid to act, how fast can you close. Have an escrow Closing company ready for your deals have financing at the ready. Try and think of every thing needed to take advantage of a once in a life time deal, and when it comes a long close it.