All Forum Posts by: Brandon Phillips

Two big lessons:

1. Quit waiting on everyone else and for all conditions in the market to be perfect and take those firsts steps.

2. Have more confidence in myself. I'm more capable and educated than I realized.

A great start is reaching out in the forums like you have. Further your education and examine many strategies carefully and you'll soon fine what works for you. Best of luck!

First home buy is in underwriting, loan app has been approved, and waiting for appraisal! Can i get a woop woop?!

Sitting on $20k right now, not ready for income property. Any suggestions where i could invest it to get a better rate of return (not savings)for time being? Would like to purchase my first property within the next 12 months so don't want to tie that money up in say an IRA.

What is it about the market you currently invest in that gives you confidence there’s potential for cash flowing properties? And where?

@Jake Stuttgen How do you determine if an area is better for purchasing an investment for appreciation or for cash flow(rent)?

@Jake Stuttgen Thank you I’ll give it a try. I started last night but quickly learned I don’t have the most accurate numbers to put in the calculator

I want to put in an offer on a triplex Tacoma WA. What are some calculations I can run to understand how purchasing the house will impact me? How much of a safety net of capital should I keep after closing in case of vacancy or unforeseen maintenance or god forbid a crash?

@Alyssa Dyer Possibly but you’d be looking mostly at foreclosures and auctions. Don’t have that much cap for those places.

@Patricia Moore Oooh thank you for the source. I’ll take a look!