All Forum Posts by: Anthony Armstrong

For those who are wondering, I am not associated with the LSF8 Participation Trust or Caliber Home Loans.

That sure does sound appealing

@Ken A.

 Thanks, I think I saw your post about condos last night haha

@Katie NeasonI'm up here in Dallas, specifically the Collin County area and it is hot. These properties are located in Dallas. Let me do some more digging and I'll report back with the goods.

I appreciate your help!

@Zach Mitchell

 Thanks for your response. I only had limited information to offer because I had only compared the list prices to the comps. I have to do more due diligence and go view the homes to get a better idea of what I'm looking at

@Katie Neason

 Thanks for your reply. That's exactly what I meant. I was strictly going off of the list price compared to other homes that have sold or are for sale in the neighborhood. One of the homes is literally on the same street, so that's what I meant there. I've been reading J Scott's book on reno costs but I need to go see the homes for myself.

I've also compared the rents in the area. In your opinion, do those seem to fit buy and hold criteria more than a flip?

@Patrick H.

 Congrats to you and a salute for being brave enough to go out on your own terms. Making a move like that, in certain you will thrive in your future endeavors

Hey all. So I have set a goal to flip one home as well as buy and hold another in 2015. With 1/3rd of the year behind us I haven't had much progress other than learning how to use the MLS more effectively and creatively. I came across a good deal (by price alone) but didn't have funding ready to pounce. Deal one gone. Now I've found some other potential properties to jump on, both could fit the bill as a flip or a rental. One is a small condo about 30k below comps and the other two are 3/2 SFH with a range of 25k+ on comps on the same street.

Any suggestions on what step I should take next? I know the best teacher is experience but the question is, what class am I going to take.

Hi Gloria.  I was in your same shoes, and I decided to get my license while I learned the investing game along the way.  It helps me out because I have met countless lenders, and the right people you will need for your team moving on down the line to make sure your investments are well taken care of.  

If you want to speak about it feel free to send me a message.

go ahead and add me, please