All Forum Posts by: Keeshaun King

@Keeshaun King

Negative cash flow with only 5% vacancy planned is a red flag to me that this isn’t a good deal unless you can get higher rent.

Wholesaling. Less money up front. More poking around for deals. Small profits. Might have to speak to 100-200 for $5-10K profit.

Fix and flip. More money upfront. Work on one at a time. More potential for profit. More potential to lose money. Might make $25K-$100K per property. 

 I would fix and flip one as you are wholesaling.

 So the first step would be education. 

Have you thought about what type of investing you plan on doing?

Get a referral for an agent who is investor friendly. When I say investor friendly I mean someone who helps investors buy properties. Most agents are just helping people buy their dream home. 2 completely different clients.

Also speak to a few lenders.

Go to networking meetings.

Read as much as you can.