All Forum Posts by: Al Wright

Just arrived here a little under a week ago. Are there any real estate investor clubs in the area? Or are there in BP members that meet here regularly?

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Charleston, West Virginia

Originally posted by @Eric H.:

@Al Wright You can act as your own agent when buying and selling (saving $ on commission), you can pull accurate comps, you can make offers on mls properties and hud properties, you can view houses at your convenience, you increase your knowledge of real estate law and real estate in general, you gain access to mls

Hope this helps!

Sincerely,

E. Harris

Yes it does... Thanks!

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in regards to being a real estate investor (without working as a realtor)?

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Originally posted by @Natasha M.:

Welcome to BP!

@Al Wright

Thanks :)

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She passed away a couple of weeks ago. I called section 8, and they are telling me that I have to wait until they decide who will take over her voucher as head of household (since the deceased had a son who was a minor on the lease). They told me this process could take a few weeks to a month.

Meanwhile the tenant did not pay her portion of the rent for July and August because she was in the hospital. On top of that, her oldest son (26 years old) has moved into the place to take care of the youngest son. He wants to take over the lease and live there. He said works construction and can easily pay the rent.

On top of that, I did talk with the deceased sister who told me that I should not rent to the oldest son because he is involved in questionable dealings (a bad cookie if you know what I mean).

I am confused on what to do here... Can anyone give me some advice? It would be greatly appreciated.

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Originally posted by @Sean Parkes:

Hello Al! Welcome to the BP community.

I would definitely encourage you to network, network, network. That is where you will find most of the resources that you need for whatever capacity you choose to build your business moving forward.

If I were to give you some words of caution, it would be to focus on a general geographic area when acquiring cash flow properties rather than looking at them 'anywhere in the country'. This is essential, especially when just beginning to create your portfolio. There is far too many challenges in trying to coordinate ownership in multiple States or regions all at the same time.

Gotcha... And that all makes sense. Thanks for the advice.

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Originally posted by @Mark Nolan:

@Al Wright

BP is full of useful resources such as forums and blogs. Welcome to the Bigger Pockets community-be sure to check out all the awesome BP blogs under “Learn.”

Was going through some of those yesterday. Great stuff!

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Nice to meet you all. I am sure I will pick all of your brains one day very soon. :)

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Hello everyone, and hope all is well.

Just wanted to introduce myself. I am a property manager for my family real estate business, but will be looking to purchase my own "buy and hold" investment properties (outside of my family) within the next year or so. Will be looking for properties outside of South Florida (pretty much anywhere in the country where I can maximize cash flow). Along with buying these investment properties, I want to couple them with a good property management company. Until then, I will be reading and researching this site relentlessly to acquire the best strategies to be successful in these endeavors. Any advice would be great appreciated.

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All Forum Posts by: Al Wright

Al Wright has started 8 posts and replied 40 times.

Post: Explanation of hard money lending.

Post: Brand new to Charleston, WV... Looking to connect with locals

Post: Are there any advantages in obtaining a real estate license...

Post: Are there any advantages in obtaining a real estate license...

Post: Newbie from South Florida

Post: Section 8 tenant died and i'm not sure what to do

Post: Newbie from South Florida

Post: Newbie from South Florida

Post: Newbie from South Florida

Post: Newbie from South Florida