All Forum Posts by: Tony Crews

Hi @Mike Xiao, 

Orlando/Tampa markets are strong for rental holdings. I agree with @Eric Gardiner here, if it were me in your shoes I would consider getting a HELOC on the UT property (because its the cheapest money you can borrow) and keep that cash flow going. Find a property in a market you like, buy it, get it rented and double down on your cash flow.

Let me know if you would like to look at some listings in the Central Florida market and I'd be happy to help. 

Wow @Jordan Moorhead thats Amazing! Did you approach the first 6 plex owner with the owner financing strategy? Congratulations on your new deal man you're doing great things.

Hi @Margot Tejera! I dont believe there is a way to locate vacant properties in the Orange County courthouse database. The only off market deals I search for on there are pending Tax Deeds and Lis Pendens for foreclosures as @Wayne Brooks mentioned.  Once I have that information, I usually will go over to the property appraisers site to get the owners information and then ride by the property to see if it is vacant. 

Hope this helps!

Thank you @Mike Stohler! I know this isn’t the fast sexy route. It’s a slow process but potentially could snowball into something great for securing my family’s future. Legacy wealth thru passive income is the goal. 

@Terry Lao Thank you for the awesome information. Yes I do have a plan and my strategy is the slow game, buy & hold. Since I have no cash I figure I’ll have to do a few wholesale deals to start until I can put my own money into buying and holding. 

Welcome Stephanie!

Thank you all for the great information! I am so excited to get started. My only worry is I didn’t get into this sooner but better late than never right. The thing I’ve realized about investing is it’s always a good time to get in!

Hi,

My name is Anthony (Tony) Crews and like the majority I blindly took the blue pill attracted by the security, safety, and happiness it was to provide. I was swept away by the illusion that if I maintained good grades and went to college it would put me in the best position and I would set myself up for the best successes of life. I was unaware that another option existed to gain real security and happiness. A nice corporate career, a marriage, a few kids, and MANY disappointments later I began to realize that I was climbing a never ending ladder that was going nowhere. 

At the time when I purchased my first home, the broker I was working with thought I was very knowledgeable and naturally talented in the art of Real Estate and provided me with the option to obtain my license and come work with him. He basically gave me the option of the red pill and opened my eyes to the fact that Real Estate was the best gateway to financial freedom. I thought about it for a few days and came to the conclusion that he was right. I took the class, passed the exam, got my license, and dove in head first into traditional Real Estate for about 6 months and didn't close a single deal. The frustration was real! So I continued paying my Realtor fees but I started focusing more on moving my corporate career to higher levels. 

A short time later, I experienced some less than favorable events at work and decided I needed to figure Real Estate out. While doing research online I found Bigger Pockets and was introduced to a whole new world of Real Estate that I had never seen, REI. I began to dig into REI more and more but became increasingly discouraged because I did not have any options to finance any deals. I was truly skeptical at the time about no money deal options as I did not fully understand how those options work. I began to go out and look at tax deed sales and came up with a pretty nice way to acquire some of those properties, however, the same issue of no funds prevented me from actually acquiring those properties. I slowly began to re-seat myself back in my corporate role changing companies and being promoted providing that false security again.

One day about 3-4 months ago I ran across a YouTube video for talking about obtaining financial freedom through buy and hold strategies and I began researching this strategy. I was eventually led to Bigger Pockets again and I have been attending the webinars and local meetups which was something I hadn't done previously. I have been silent on BP for the last 4 years and today I joined as a pro member! I believe that sometimes things do not work for a number of reasons but one of the main contributors could be time. My gut feeling tells me that now is the time and there will not be any other. 

I am so appreciative of the wealth of free knowledge on BP and intend to take full advantage of it. A few weeks ago I went to a REI meetup but was kind of disappointed when I arrived and sat thru a presentation where they talked about financial freedom trading time for money then offered to sell me their education for $20k and from what I've seen that is pretty cheap compared to some others. They offered a Multi-Level Marketing option which they annoyingly over-advertised would pay for the education in no time if I recruited others, but I couldn't shake the fact that if the education was so good then why wouldn't they advertise that with the wealth of knowledge I would be receiving that I could pay for the classes.. I get that same knowledge here on BP for free...

With that being said, I am looking for all of the advice I can get. I am a sponge and ready to dig in. If anyone would like to work together please feel free to reach out to me I am not afraid of manual labor either. I need to jump in somewhere to get my foot in the door. I am open to any opportunity as it would provide me with new experiences, however, I believe my primary niche will be in single family/Multiplex homes.

Thank you for reading my introduction and I hope to network with each and everyone of you as I continue my journey as a Real Estate Investor.

Regards,

Tony