All Forum Posts by: Scott Reeder

Hey, as Brandon Turner says "Take Action" you have alot of back ground so run with it.

I agree with Michael, you should plan on purchasing. If you plan to live in the house for more than a year you can get some great financing thru an FHA loan. This would enable you to come up with less of a down payment. When choosing the home, be sure it is a property that will produce what you want financially when you do convert to a rental. Do the homework!

Good luck!

I think that if you go with a month to month it will create more turn over in your units versus a yearly lease.

@James RyanI am new to the scene here, but a lot would it would seem to depend on how the numbers for the deal work out. Should check out the full picture, like the cash flow, investment ROI, etc.

Vincent,

I really enjoyed reading your post. I have just begun my path down a new and exciting adventure in REI. The podcasts and webinars that I have been listening to are all so encouraging and loaded with a wealth of information. As I began educating myself, creating these relationships was a big concern for me, but your post does set my mind at ease for I am in the Atlanta market as well. Thanks for the encouragement and best wishes on your endeavor!

Thank you so much to everyone for the warm welcome. I have been listening to the ask pod cast and keep getting pumped. I look forward to have further discussion with each one you. As Brandon has been tell me " get busy acting on what you learn "

My name is Scott Reeder and I have always has a interest in real estate but never felt comfortable going after it. After listening to some of the pod casts I am very excited. I am in the very beginning of learning, reading, studying and trying to figure out my game plan.

Thanks for having me aboard!