All Forum Posts by: EMarie Windham

Can't seem to get my profile to Update.  Attempting to add information - system does not update.  Anyone with this issue....Customer support has not responded yet.

@Michael Ealy can you send me your analyzer as well?

@Gervon Thompson. Hello.. big congrats on your forward movement in education and landing on BiggerPockets for insight! I agree with some of the others regarding House hacking, especially since I know as a former Bklyn resident rents are very high there. This would give you the opportunity to save the rental outlay each month.

Although it's the responsible thing to do to work..I do NOT recommend getting a 2nd job. Start right where u r today and get in the real estate investment business. Join a local REI group so that you can get knowledge under your belt.. and partner with someone who has had success wholesaling or flipping. This is what I think ur free time should be spent on .. not another W2 job. In my opinion that extra cash is of lesser value than the knowledge and experience u will gain. Stay on BP, pick up J Scott's books on analyzing properties. Review podcasts on wholesaling. If u can manage to shadow a successful investor on a deal offering ur leg work as sweat equity... imagine how much information and confidence You will gain. Use your free time to do this... and go get a slice of NY's best pizza for me from Scarrs Pizza😋

@Michael Lowe. It’s really their disbelief that it’s possible to successfully invest in RE and own/gain lucrative profits .. without saddling yourself into an over extended mortgage for ur entire life.

They think it’s a trick to make these profits with sellers and buyers walking away with a win-win!

Their lack of knowledge make them believe it has to be gimmicky...(probably not a word)😏. Yet they DO believe it’s ok to willingly sign a 30-40 year mortgage and pay $100s of Thousands of dollars in interest for 30-40 years merely because its commonplace and the because the mortgage community has the loudest voice.

But not to worry! It is only temporary. The moment you start making more sizable deals and ur success becomes undeniable... they’ll start asking for loans ... and request that you to hook them up.

Onward and upward my friend!!

Hello Blair. Are you looking to setup a SFR or Multi-family property to rent out to Corporate Execs coming to the area? I have property in High Point, NC in which I rent out on Airbnb throughout the year. Only because High Point is the Furniture capital of the US and buyers come to this small town 2x\year and pay higher than normal rents to be close to Furniture market. So Airbnb would be an avenue to use as executive rental source. Charlotte and RDU are great areas and should generate good rental income - if this is your goal. Tell me more...

@Todd Powell Thanku for this...whew you have been busy! Hard work does pay off!

@Todd Fithian. Indeed Todd!

Well!  I don't see a reason to be offended by @Shiloh Lundahl' statement - but I must disagree with it (for the most part).  Sure it's always absolutely the best case scenario to have money on hand from your own savings to invest in RE and to maintain a rental property; however, not having your own funds should not hold anyone back from joining the RE arena.  To say that one should 'not' invest in Real Estate without a personal savings of approx. $20k is quite inaccurate and limiting.  Flippers & Wholesalers are investors in Real Estate.  These category of RE investors can use earnings from their deals to fund future rental properties of their own and begin to build a reserve fund to sustain the day-to-day maintenance/future capital improvements, as well as build a lucrative RE portfolio with no initial personal reserve.  Yes - you can invest in real estate via OPM - as the numerous real estate professionals teach and the millions of books on this subject suggest.  

Good job Cory.  Thanks for the details...really helpful.

Cameron - this is really inspiring to read/hear!  It shows what you can accomplish/accumulate with steady 'forward' movement, particularly in such a short period of time.  The key I see here is taking action on the information you learned, being focused and consistent!  Very good stuff!  Congratulations - please keep us updated & inspired!!