All Forum Posts by: Robert Duffer

Thanks @Anthony Dooley , this lines up with advice from @Dave Foster as well. I appreciate the insight as grow more knowledgeable and gain experience. 

Thanks for the insight!

Thanks @Dave Foster , and thanks for offering and taking my call on short notice! Your explanations on the various approaches as well as pro's and con's were very insightful and helped alot! 

There are many ways to skin this cat...just have to know the effects of each and make an informed decision.

Thanks for the help!

Good point @Colton Fairchild , the numbers appear good...guess I'm just weighing the associated potential risks in my head. Thanks for the insight!

Hi @Brent Zande , I'm currently seeking turnkey providers for single family homes in NC (or South). Am looking at Charlotte, Greensboro area but am flexible as I like NC in general. Any thoughts?

Hi guys, I should have included more context...

I completely agree with both of you @James Galla and @Taylor Hudgins ! The reason I'm looking other than my local area is because I'm relocating back east soon - where I'd move to may be heavily influenced by where I'll invest. 

For example, I'm currently looking at Alabama and Florida...both are strong relocation options for me. I've been to both and plan on visiting the neighborhoods directly and I also have friends there for that "boots on the ground" for surveillance. 

I wont be remaining in Seattle for very much longer (less than a year hopefully) so I don't plan to invest here for that reason. I'm basically moving "east" to be closer to friends and family. Hence, I was wondering if anyone knew of a potential market east of the Mississippi ...? Thoughts?

Thanks in advance!

Rob

Thanks @Kevin S. and @Nicole Heasley Beitenman I appreciate the insight- this helps!

Hi everyone,

A question as I enter into mt new exciting REI adventure. - In the REI community, if you find properties built in 1965 through 1970's and Cash on Cash Return is 10%-12% and cash-flow is $200 - $250...how much does build date matter? The context of my question is - the math works good today...but in say 10-12 years if I want to sell the property...will I be able to unload it? or will investors say -"Hmm...that property is too old" - or maybe they say that now - even with these numbers and the thoughts may be "buy something "newer" ...LOL - I don't know, I'm just starting out....any insight from anyone please?

Or maybe I'm missing something in my thought process in its entirety? Any thoughts?

In need of assistance/guidance,

Rob

Hi everyone, am quickly learning various strategies and approaches to REI. Given the market and economy, can anyone suggest an area or have any recommendations of a more prominent city or state where I should be targeting starting out? I've heard many options from my non-REI friends...I figured I'd ask those that actually do REI...LOL.

Any thoughts / feedback or recommendations would be greatly appreciated.

Just trying to get some traction...

All the best!

Rob

Just starting out...Looking at various locations Alabama, Florida but I always had a soft spot for the Carolina's... 

Does anyone know of any Turn Key companies in North Carolina? 

All the best!

Rob

Going into 1031 exchange as a newbie...question for the experienced folks. I have enough for possibly 5 properties...some tell me get 5 and leverage as much as you can. Some people tell me leverage 2 or 3 and pay them off quickly and then go into next one...

Everyone has a different strategy for their own reasons. - my question is what are the predominant thoughts here? Max leverage (max properties) or conservative approach? (their thoughts -"what if we get into a recession"? "conservative is better"(?))...I understand it can all be relative...I'm just trying to make an informed decision. Any thoughts ?

Thanks in advance!

All the best!

Rob