All Forum Posts by: Jabbar Thomas

@Jonny Nila Whatever you decide make sure the numbers make sense to you. If you choose to purchase a primary residence be purposeful with your actions and decisions. Check the value of homes over the last 20 years. See what kind of appreciation the potential home or similar homes have had in that neighborhood. Negotiation is key; I would try to negotiate to build equity into the deal (10-20% discount). As you take advantage of that FHA loan, you can refi out at a later time and get some/all/or more of you money out and you can use that for another deal. You can keep the house and rent it or, just sell it. You have options.

Investing out of state; you need systems and a team in place. If your spending your hard earned money, you want to make sure you understand who you are dealing with and what type of opportunity you are pursuing. Investing in a cheaper market can be a very profitable method if done correctly. 

At the end of the day, it all depends on your investment strategy. What are your short and long term goals. Don't just jump on a deal because you have the money. You jump on a deal if the number scream to you this is right. Trust your gut. 

Much Success to you...

@Account Closed stay consistent. All it takes is one deal to change your life. It wont happen over night, but eventually you will get the results you are looking for. Make a plan and work the plan. This business has helped change my family's life, as it has done for so many others; and it can do the same for you. 

Much Success to you...

@Jeff Campbell As a long time wholesaler, I have heard many complaints from buyers of different levels. The biggest complaint that I have come across is, valuations. Estimated market values are too high, and repairs are too low.

I have seen the highest and best method and even card draws on some hot properties. The feedback that I have gotten from those experiences was about 50/50. Some were receptive to it, and others did not care for that process. 

That is so exciting to hear. I love hearing about others successes. It may have taken you both 10 years to do all of that; while most people take 10 years thinking about getting started. Cheers to the next 10 years. Much success to you both. 

"If you cant fly, then run. If you cant run; walk. If you cant walk; then crawl. But whatever you do, you have to keep moving forward."

@Bradley De comarmond I would be interested in interviewing with you. I love connecting and sharing experience; I am certainly not camera shy. Licensed agent operating on the investment side for the last 6 years. Lets connect; I would love to interview you in return. Look forward to hearing from you.

@Nikolay Izmerli you can try Networth Realty of Tampa. They are a brokerage  with its core value based around investments. They pour a lot of knowledge and experience into their agents. A great way to learn and earn while your working your way up to your next property. Great pay structure too. 

You never know who you need in your network until you need them. I am currently looking for any attorney references. If anyone on here has any, they wouldn't mind sharing, that would be great. 

Thanks in advance.

@Randolph Bartholomew congrats on making the decision so many people only dream about. Both options are a good idea. I would say weigh out both options for purchase. Town homes are usually lower in maintenance as some aspects of the exterior are covered by the association. Regardless of your choice you will have maintenance at some point of time. It also depends on what kind of condition you buy the property in; and what kind of upgrades you do to it. Either way, make a decision. I am already celebrating your success. 

@Adam Lovell That is amazing. Looking forward to having your family be the newest addition to the area. You are on the right platform for information, networking and deals. I am sure everyone on here is more than willing to lend a helping hand when you begin your investment journey. Keep up the studying, and when you get here, be ready to apply it. Much success to you and yours.

@Ricardo Funk Hernandez Welcome to the community. Networking and leaning builds your net worth. Keep learning new information, and then start applying it. I am sure you will do amazing and achieve all of your goals. Much success to you.