All Forum Posts by: Juan Murillo

Drew I really appreciate the advice and will definitely be applying it! The idea of getting multiple contracts and comparing them is great! Again, thank you for the resources as well!!  

Hey Guys, 

I am looking at a couple properties in Indianapolis and am just looking to see if anyone would like to refer me to a great property management company. 

Thanks guys!  

Hey Guys, 

I am within a year of my first deal (I believe) and I am torn as to weather I should purchase a cash flowing multi family within 200 miles of where I live or brrrr long distance. 

I know with the brrrr strategy I would be able to recycle capital and do more deals in a shorter period of time. On the other hand I question whether out of state investing is the best option for a first time investor. 

If I do invest local I can replace my capital by saving for a year and a half… 

does anyone have any insight? 

Hey guys, I am buying my first house, it comes with 100k in equity (family deal). Should I pull that 100k out when I move out and start renting the property out?? The cash flow before a refinance will be 500 to 800. 

I am able to save 50k for investing yearly without refinancing. I’ve also thought about just pulling my initial down payment and whatever I pay towards the principal and partnering that with what I save for my second property. I plan on house hacking…there are almost no homes under 350,000. I will be looking for property betweenuu 350,000 and 650,000 multifamily or single family if it is a good deal. 

Thoughts??