All Forum Posts by: Geoffrey Murphy

Almost! :)...just spinning the wheels Day in Day out and i WILL soon be able to say i am a full time Investor as well!

At least we know its possible! :)

Welcome Brain!

This is a AWESOME site to learn so, so much information! I admit it was a trmendous help to me as a new Investor! I to bought my first rental when i was 19 and it was one of the best experiences i have ever been through.

Majority of the guys and gals on this site are the most positive people you will ever meet, so make the best of it.

If there is anyway i can i be of help, let me know!

Yes,, iagree Bryan. Keep shopping!

I wonder why the banks do that? Can anyone explain?

May i add something that as well guys that i learned from my mentors.

1. Do what you say your going to do
2. Make doing business with easy
3. Do not be a pain in the butt
4. And of course have a great deal!

Wow!!!! This businesa really works if your willing to put the time in!!!

Al, thanks for the site, it had lots of great insight that i was looking for!

Mike, I feel the exact same way! If they are grabing MF that cash flow like that they are really making some serious cash flow!!!

Great Points guys!! that makes alot of sense Ryan & Shawn!

I agree with buying the lower end stuff for cash flow and then buying the higher end things for retirement and appreciation!

So what advice would you have for me in order to be successful with these lower end and higher end rentals? what things should i look out for?

Luis: I must admit that the site you refered me to was awesome! It really shed some light on this topic.

Joel: Like always, another great post! Question, how would i go about executing the "payment for deletion"

Thanks alot guys for the great advice...

I guess you can look at it from both spectrums. I see that some Investor do good with one side of the coin and others dont. I guess as a new Investor starting off i wanted to way my options on what to get involved with as a "newbie" but as long as i am following my plan of attack i should do fine.

Great point made by Chris, James and Nathan! I alao believe that it depends where your at in you real estate career.

Thanks Guys, that was some really great advice! I sppreciate it more than you guys know!

I guess i was always hung up over the fact that the lower income areas were to management intensive, and would eventually turn into a headache if you did not know how to operate them.

Im sure that could be the case with with middle class and higheer end rentals, but i always heard that these rentals were less management intensive and you dealt with a better class of people.

If you guys do not mind, what do you guys look for in a lower income area before you guys actually decide to invest there?

Which one of these areas are great for buy/Hold or rehab and flip? im sure they both are but which one delivers the best return ect