All Forum Posts by: Maurice Colbert

Brad contact Jed at acpainc.com I use him for my other business.He's great I've interviewed a few companies and he knows his stuff.

My last post got deleted, I didn't get the information about some places in Columbus, Ohio to meet up and learn more about Buy, Rehab, Resale , Rent. Can someone please help me out. I know there was one guy who posted info for me I can't find. Thanks BP

Shay,

Will there be more meet ups in 2017?

Thanks

Maurice

Eddie,

Thank you I did not think about all these questions here.

What did you pay for your home? $130k

What is it worth now?$160k

How much equity do you have if you were to sell? I would have to guess $30k

How much will the monthly rent be?$1200

Will you need to renovate to be able to rent? No

Where will you live while this home is rented? With Family

Monthly Expenses:

Mortgage PMT $1060 includes insurance and taxes.

Hello, I was wondering is it a good idea to put my current home I live in on section 8 HUD Housing and then save some money to buy another property. What are the first steps to getting this started.

I am looking into trying to buy a duplex. What is the best option for my family. I own the house my wife and I live in, she is not on the mortgage, purchased before we got married. We both are self employed for 2 + years now and have great credit. 1)Would it be best for her to buy the property in her name? 2)Start a LLC For out property business and buy under that? 3) try to come up with a cash buy first? I am looking for some starting pointers. Our goal is to have a few multi-family and duplexes under our belt.

BP hello, I have been dreaming real estate for the last few nights. Quick back story I have always wanted to own property, my uncle owns a lot of homes and I really admired him. Back when I was in my 20s I bought the Carlton Sheets penny on the dollars information. I wasn't credit ready, nor was I motivated it went to waste. So fast forward to my 30th birthday in 2013 I was getting ready to try and buy my first unit in a apartment complex, the seller wanted to sell 2 units under 120k. I couldn't get it because the complex wasn't FHA approved. To this day I am kicking myself to not try to get it approved or try other options, so I purchased my own home to live in, now I want to get me something similar to what I seen in that apartment complex. I recently attend the Rich Dad education seminar, they wanted to sell the 3 day class but I want going to pay for it because of mix feelings on the information. Now I am hungry I want it, I have seen information that they have showed me at the seminar and just reading here. My question is what's the first real step to get started, I just need to flip a few homes, and I want to hold some units. Help me get started BP- Hungry Newbie-Maurice

Hello everyone, I am a new member. I'm currently looking to get insight and learn more about the real estate business. I want to flip some homes, also have some rental properties. 

Thank you,