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All Forum Posts by: Detrick Hannah

Detrick Hannah has started 1 posts and replied 4 times.

The terms and conditions for Chase Quick Pay do state that (1) of the individuals in the transaction has to have a Chase account.....

Post: Newbie - Best Strategy?

Detrick HannahPosted
  • Beloit, WI
  • Posts 4
  • Votes 0

Oh, an good luck! @Chris Stromdahl

Post: Newbie - Best Strategy?

Detrick HannahPosted
  • Beloit, WI
  • Posts 4
  • Votes 0

Thanks for the insight guys.... Being new to the game I didn't want to make any real bonehead mistakes before I really got my feet wet. Not really into repeating history..lol I LIKE TO LEARN FROM OTHERS MISTAKES! So I'll browse through the blogs and keep an eye out for informative posts... There should be a section titled Real Estate Mistakes 101..lol

Post: Newbie - Best Strategy?

Detrick HannahPosted
  • Beloit, WI
  • Posts 4
  • Votes 0

I'm fully aware that selecting the best strategy in investing is totatally dependent upon each individuals circumstances. But some advice from you guys would really help develop my plan of attack. I'm also sure it would help bring some things to my attention that I would not have thought of initially. I'm looking to build a portfolio of rental properties. I've been looking to start on the lower end of things as I have found that many cities in my area offer duplexes and multi-family units at very reasonable prices. Problem is, they require a lot of TLC. I was thinking purchasing one of these units, rehab, and then use the rental income to purchase additional properties down the road. I saw this a s one mode of attack. Then a friend pulled my coat tail to tax liens and deeds as an alternative way to not only gain capital for rehab and reinvestment but to also potentially gain new units.....  What do you guys think?