All Forum Posts by: Philip Williams

Check out the podcast, I joined a few weeks ago and the info on there has been invaluable.

Perhaps a question an answer round. Get the four or five most experienced peoples people to field questions from the newer investors. Obviously not every meeting but I could tell a lot had almost deer in the headlight look on there face.

Congrats your preliminary numbers look awesome!

Yeah it is definitely on the tenant or the property manager. I would second the advise of a payment plan to repay the damage.

awesome! Good luck on your real estate journey

welcome to the community

hang in there and best of luck! It seems you still have enough wiggle room left to do some minor repairs clean it up and still make a nice profit!

Can you please define deeply discounted? I have dealt with several people who have offered the same type of packages. They end up being fair market value minus something small such as 10-20% off which isn't a bad deal. It's not though anything that couldn't be negotiated by myself or my team?

Totally agree there are positive and negatives. I think most renters especially if it's a low income area love the positives. Even if they have a car people visiting then often don't.

It is possible without credit but unlikely. You has mentioned your parents may be willing to assist. That would be perfect for you when first starting out. By running the numbers people are referring to the rents expenses I.e gas electric taxes insurance vacancy etc....if you need any help or have any questions feel free to message me