All Forum Posts by: Blake Bailey
Blake Bailey has started 2 posts and replied 4 times.
@Nicholas L. What's making me wanna go for it is that it's a for sale by owner on Facebook if I could put probably $30k in it should be worth $260ish
Hey guys, I am hoping to be a first time investor here within the next couple weeks I have found a property in my hometown That is a Home that was built in 1936 and it used to be a duplex but now it is a single-family home but I believe if I purchased it, I would reconvert it into a duplex but anyways it is a 2100 square-foot property That has three bedrooms and two bathrooms right by the college in my town The seller says the only issue is that the wiring needs to be brought up to code and she is only asking 125,000 which to me and everyone I know seems to be an insane deal It also has new HVAC and a new roof just needing to see the inside but just wondered what I should do first in this situation to figure out if it is worth it or not just really panicking. Hoping no one else jumps on it before I can. any tips would be appreciated. Thank you.
@Jason Wray thank you so much
Hey guys I am new to the group and just wanted to be an open book and see what you guys would do in my shoes. I am 24, married, have a home that i already own outright with no mortgage and we have about $65k in liquid cash. I have a associates degree in business management but I have been reselling on Amazon, eBay and a few other places since 2019 full time. I have grown tired of what I do and I am about to take my final exam to become a real estate agent as well, but my main goal since about 2017 has been to eventually become a full time investor. I have looked into doing about everything and this is the one thing that I have found that really piques my interest and I am beyond ready to get started. I have been listening to the podcast episodes, watching the youtube videos and reading the forums for about 2 years on and off and I am tired of procrastinating but just have no idea how to take the first step towards my goals of financial freedom. Should I get pre approved? Should I start calculating deals? It's just pretty overwhelming because I am doing this totally alone in a town of about 5k people and just have no idea how to get the ball rolling and I thought I might see what some of you guys think. Any tips would be so appreciated. TIA!
-Blake