Looking for help finding next property

Looking for help finding next property

Member since 2024 · 70 posts · 40 votes

I've been stuck in a rut unable to find a 3rd rental property in Alabama that works. I prioritize cash flow and cannot find any on MLS. I'm really just looking for someone local to Alabama to help a guy out. I've got 2 but it's been years since I last bought and not really sure how to move forward. Most things don't seem to have good numbers. It also doesn't help that I don't have much money either. I have access to HELOC money and a little money in the markets. I have yet to find a way to tap into the equity of my rentals. Seems like HELOCs are difficult to get on rental properties so it's kind of a bummer having so much money locked away. Anyways would be cool to meet some local people to help me over this hump. Thanks!

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  • Real Estate Agent · Kansas City · Member since 2018 · 4k+ posts · 3k+ votes
    2mo

    I would attend meetups. Local FB groups can be good to make posts and network. If you need to save more there's nothing wrong with that, you don't want to over leverage yourself

  • Investor · Louisville, KY · Member since 2017 · 92 posts · 38 votes
    2mo

    Hey Eric! I wish you luck on your search. Finding a good investment friendly real estate agent is a great way to help track down investment opportunities. I am an investor/realtor here in Louisville, KY. I'd love to discuss opportunities in my market if you'd be interested in looking OOS. 

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