All Forum Posts by: Troy Stange

 Thanks @River Sava

 Sage advice. Thanks Spencer.

Thanks AJ! 

Yeah, that's the step I'm on–identifying potential team members. Meeting with an agent on Friday to kick it off.

You know, I see that a lot, but flying to Birmingham is probably not in the cards. I'm working with someone I'll loosely call a mentor. Basically someone who is working with another mentor. Mentor once removed, I suppose.

So I'm seeing his deals and his process as we both learn.

If I lived in Alabama, I definitely would. I'd be curious to know how many out of state investors travel to their target states for a meetup.

Thanks @Sophia Buesing

I've been thinking about this forever and finally moving forward into REI.

I'm at 

(checks notes) 

step 1.

Yeah, I knew that and that's why I figured the appraisal was so low. But, if it's cash flowing and vacancy is going down and the building has been updated, where's the risk? I'm asking...I don't know.

UPDATE: I gave the seller an LOI (somewhat lowballed) and they countered with pretty much their selling price with some other options for different financing.

I just found a deal in Michigan however that cash flows twice as much for less than half the price of this property and am considering buying it.

I will keep you posted. Thanks for the tip(s).

Great, thanks!