All Forum Posts by: Samuel Waters

Tilmon Smith great job! How did you find the property?

@Will G. nice tip on the lowes, target stores!

With the $300k you could cash out either thru sale or HELOC you could go out of state and buy 10 properties at least that would cash flow $200-300 a month minimum. I say cash out your equity.

Adam Craig not sure I actually tagged you earlirr

Originally posted by @Adam Craig:

Originally posted by @Steven Gesis:

Originally posted by @Adam Craig:

I am looking to load on up some single family homes in Cleveland Suburbs. There are a couple business that sells turn key properties like the site below

http://www.restoringcleveland.com/Property/1490-S....

For someone that wouldn't be doing any repair work, is this a good option? I know I herd before that you pay a premium. Just wanted some thoughts.

 Hi Adam-

Did you ever move forward with a local Turnkey provider? If so, what was your experience, I look forward to hearing back. 

 I did not go turn key. I decided to buy houses and hire our the rehab. If you have the time and people in place this is the way to go. You are getting into the property with much more equity than you would buying turn key - the premium they charge is not worth it in my opinion. 

 Adam,

I'd love to hear how you found a team to help you. Are you finding the deals yourself or using a realtor?

Sam

Anthony G that site has killer data. Thanks! It appears rents are pretty steady across the USA

What happens to rents nationwide if the economy tanks? Will they go down by 20%, 50%? I'm looking to get back into the buy and hold for cash flow game in multiple out of state locations. I'm curious rent deflation risks I should assume given that I believe we are headed for a serious economic correction globally. Thanks!

Jake H. That math sounds good to me! Are you doing all the heavy lifting yourself?

Billy Au-Yeung I am referring to passive Gross income per year.

If you are a cash flow investor what would be the best way for me to get to $100k/yr in income in just 4 years? I'm asking for folks that have actually achieved similar results to reply. If you haven't achieved similar results I welcome your comments as well but what I'm really looking for is social proof that my goal is realistic. Thanks!