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All Forum Posts by: Travis M.

Travis M. has started 10 posts and replied 36 times.

Post: First deal with 150-250k

Travis M.Posted
  • Howell, NJ
  • Posts 37
  • Votes 6

such a tease Michael! would love to know which REIT that is, @Matt R. I took a look at OHI looks great thanks for the recommendation 

Post: First deal with 150-250k

Travis M.Posted
  • Howell, NJ
  • Posts 37
  • Votes 6

solid advice Ill take it to heart, that first deal is so tough, specially after working so hard to have the cash ready for it.  There needs to be a service where someone tells you here buy this, I would pay good money for it, just to get the first one out of the way 

Post: First deal with 150-250k

Travis M.Posted
  • Howell, NJ
  • Posts 37
  • Votes 6

tough to invest in my first deal so far way from my primary residence though, I am hesitant to make that first step without complete control and ability to personally manage and monitor the property 

Post: Is it possible to find a truly good deal on MLS

Travis M.Posted
  • Howell, NJ
  • Posts 37
  • Votes 6

thanks matthew good point, I'm overseas and killing me I cannot get my feet on the ground and search for deals 

Post: Is it possible to find a truly good deal on MLS

Travis M.Posted
  • Howell, NJ
  • Posts 37
  • Votes 6

Thanks guys, very helpful for some confidence going forward

@John-Michael Moreno not so comfortable with foreclosures right now, need to get my feet underneath me before getting fancy 

@James Mc Ree great advice, appreciated 

@John Thedford thanks for the input it really helpful to hear all of your experiences 

Post: Is it possible to find a truly good deal on MLS

Travis M.Posted
  • Howell, NJ
  • Posts 37
  • Votes 6

I understand that by the time it reaches the web it has been passed up by many experienced and connected real estate investors, as a rookie, it makes me skeptical about every deal that I see online, and also curious about how to find the deals before they reach the web, but do not have the right contacts for this yet 

is it actually possible to get a good deal online? 

Post: First deal with 150-250k

Travis M.Posted
  • Howell, NJ
  • Posts 37
  • Votes 6

wow OK may need to expand my budget or location 

Post: First deal with 150-250k

Travis M.Posted
  • Howell, NJ
  • Posts 37
  • Votes 6

thanks Ken appreciate your input 

Post: First deal with 150-250k

Travis M.Posted
  • Howell, NJ
  • Posts 37
  • Votes 6

I was actually thinking about looking at a 4 unit multi family downtown as close to desirable tourist destinations as possible, and then renting out 3 of the units on airbnb while living in the 4th. 

Wanted to use the FHA loan to do so, which would give me 750- 1M property range to look for, do not mind fixing something up to get some instant equity or just to make it an easier rent

Post: First deal with 150-250k

Travis M.Posted
  • Howell, NJ
  • Posts 37
  • Votes 6

Thanks Ken, that's good advice, think I will head out to Chicago to try to find some deals there, but you don't think it would be better to leverage my money instead of buying straight up ? 

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