All Forum Posts by: Jeffrey Donis

@David Stelzer I'd say pick a niche in real estate, and start marketing for that property type. If it's single family houses in Virginia for example, then pull a list from Listsource, get a dialer (like Mojo Dialer) and start cold calling for your first deal. Or, you could cold call realtors and let them know you're interested in buying rentals, and give them your criteria. 

That's awesome @Adriana Osorio. I encourage you to look for meetups in your area to attend. You can network with other investors and build business relationships with the re investors in your market. 

Look on meetup.com and eventbrite.com for meetups.

If you can get the seller to sell on terms (seller financing), then you'd need to negotiate the time period, a potential balloon payment, the down payment, interest rate (if they want one), and a purchase price. 

This was a great post! Thanks for sharing all the value. @Maura McGraw

@Ursula Hill You could raise private capital from people in your personal network, and bring them on as equity partners. However, if they are JV'ing on the deal with you, then they get a certain percentage of the deal and are typically compensated as such. If you syndicate the deal, then this gets more complicated. Always consult with an attorney if you aren't sure how to structure this type of agreement.

@Marcella Hoard I agree with you 100%. Real estate investing has a lot of ups and downs. If you can't handle it, then you shouldn't be an entrepreneur, let alone a real estate investor. 

@Sarah Bachman The sibling relationship isn't that big of a deal, but like @Ronald Allen Barney said, the fact that they didn't tell you about the code violations is a major red flag. I'd walk away.

@Nayna President Watch brent daniels and max maxwell on youtube. Great free content for wholesalers.

@Henry Peñate Think and Grow Rich by Napoleon Hill and the E Myth by Michael E Gerber

@Jayden Hamilton You should attend some investor meetups (you can look on meetup.com, eventbrite.com) and network with investors in your area. Maybe you can land an internship with an investor you build a substantial relationship with. 

@CJ B. I'd raise it slowly overtime. Subtle increases will be more considerate of the tenants, but if you can still get quality tenants at market rent, then your best option is to raise rents to the market premium and give the tenants the option to stay or leave.