All Forum Posts by: Ronald Jones

Welcome to BP. I too am an investor here in Bham.  If I can give you only one piece of advice, it would be to use this amazing resource we have in BP.  Everyone here has been truly helpful and they genuinely want us newbs to succeed in our endeavors.   Again, welcome and I look forward to possibly working with you.

It does clarify things tremendously, albeit bad news. I appreciate your candor. Thanks again.

Very well said, but as a newbie I may have asked the wrong question or phrased it inaccurately.  Is there any way for a person who has limited cash/credit to acquire a buy and hold property for residual income?  Hope this is worded correctly, if not, I welcome the chance to clarify.

investor focusing primarily on wholesale deals to build cash reserves. I don't want to leave any stone unturned so I ask. Are there any financing possibilities for turnkey properties for a person with no/low cash or credit?

Welcome to BP. I too am a new investor who took the leap of Faith so I understand where you are coming from. Im focusing on wholesaling to build cash reserves. I've found BP very helpful and informative. Its amazing how many members truly want to help us newbs succeed. Again welcome and use the tremendous resource that is BP copiously. Oh, BTW, ROLL TIDE ROLL

Thanks so much for all of your input. I will relay the information. You all are awesome!!!

BP, this is not necessarily a REI question, but here it goes. What are some of the things that one should consider before deciding to buy a business? In particular, a friend was approached about buying an existing dry cleaning business. I have no idea which direction to point her in. Supposedly the operation grosses $500k/month. Any thoughts?

Monty, I would recommend a young lady with Allstate in Pleasant Grove, AL. She has several different products that should be able to meet your needs. She can be reached on 205.744.4160. Her name is Taj Rogers

a new investor in Bham. I keep reading posts that mention a neighborhood's class rating. I assume an "A" class rating exceeds an "F"class rating, but does anyone know how the Ensley, Midfield, Pleasant Grove, Hueytown, Forestdale and Bessemer cities/neighborhoods would rate respectively?

Calvin. Like you, I am a new transplant here in Bham and I am just getting started investing as well. It would be great to connect with you.