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All Forum Posts by: Quota Thornton

Quota Thornton has started 18 posts and replied 25 times.

Post: Hypothetical Question For REI

Quota ThorntonPosted
  • New to Real Estate
  • Baton Rouge, LA
  • Posts 25
  • Votes 2

Hypothetically speaking, if you had $350,000 cash which of these options would you choose and why? 

1. Would you buy a primary residence all cash first for $250,000 then invest in a property with what is left over? 

2. Would you invest most of the funds into real estate and use the rest to put a down payment towards a primary residence? 

Let me know what you guys would do! 

Post: Intro to REIT Investing

Quota ThorntonPosted
  • New to Real Estate
  • Baton Rouge, LA
  • Posts 25
  • Votes 2

Hello everyone! Is there anywhere I can get info on REIT investing? I'd like to do something more hands off at this particular point in my life. Any recommendations would be appreciated. Thanks

Post: Meeting New Potential Business Associates

Quota ThorntonPosted
  • New to Real Estate
  • Baton Rouge, LA
  • Posts 25
  • Votes 2

Hi everyone! I’m in the Baton Rouge metro and would love to meet investors. If anyone is open to chat/meet up and discuss real estate, send me a direct message and we can set something up! Thanks! 

Post: Meeting New Potential Bunsiness Associates

Quota ThorntonPosted
  • New to Real Estate
  • Baton Rouge, LA
  • Posts 25
  • Votes 2

Hi everyone! I’m in the Baton Rouge metro and would love to meet investors. If anyone is open to chat/meet up and discuss real estate, send me a direct message and we can set something up! Thanks! 

Post: Renting out mobile homes

Quota ThorntonPosted
  • New to Real Estate
  • Baton Rouge, LA
  • Posts 25
  • Votes 2

Let’s say someone is willing to sell you their mobile home (on their own land) for a really really cheap price. So low you could probably purchase it with cash outright. The mobile home is in good condition and only needs minor upgrades/repairs. Would you buy it and rent it out or are there things I’m not aware of that are associated with renting out a mobile home? Does this sound like a good investment or are there some things I’m missing? I would love some input!!! Thanks 

Post: Networking With Other Investors

Quota ThorntonPosted
  • New to Real Estate
  • Baton Rouge, LA
  • Posts 25
  • Votes 2

How’s it going BP community? I’ll be moving to the Baton Rouge metro in the next coming weeks and I’m looking to meet/network with other investors that are either starting out or are seasoned! 
I would like to get some more insight on the real estate industry and form partnerships! 
Thank you 

Post: Finding A Mentor Near You

Quota ThorntonPosted
  • New to Real Estate
  • Baton Rouge, LA
  • Posts 25
  • Votes 2

Hello everyone! Quick question. For those of you who have or have had a mentor, how did you go about finding them? 

Post: Tattoos and Real Estate

Quota ThorntonPosted
  • New to Real Estate
  • Baton Rouge, LA
  • Posts 25
  • Votes 2

How do I invest in real estate as someone with visible (face, neck, throat) tattoos? 

Post: Investor Meetups and Networking

Quota ThorntonPosted
  • New to Real Estate
  • Baton Rouge, LA
  • Posts 25
  • Votes 2

Hi! Are there any clubs or meetup groups in the BR metro? Would love to get to know and network with other investors! 

Post: Pre-Approval Questions and Concerns

Quota ThorntonPosted
  • New to Real Estate
  • Baton Rouge, LA
  • Posts 25
  • Votes 2

Hi everyone! I have a question about the pre-approval process and what I should do as far as getting pre-approved for a mortgage. Right now with the job I have, I gross upwards of 65k but I’m getting ready to leave this job to start one where I’ll be close to, if not in, the 6 figure range. As far as getting pre-approved for a loan, should I use my salary from my current job? I’m assuming I’ll be able to afford less house or should I wait until I’m on the new job, work there a few months and use the salary from that one so I’ll be able to afford more house? What do you guys think? I know there are other variables when it comes to pre-approval but I’m only thinking in terms of my salary with this question. 
Thanks!