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All Forum Posts by: Account Closed

Account Closed has started 4 posts and replied 195 times.

Post: Hold on longterm, or hold then rehab/flip

Account ClosedPosted
  • Wholesaler
  • Saint Louis, MO
  • Posts 312
  • Votes 49

@Jake Rayburn you are willing to do this for only $240 per month cash flow? Well everyone different I guess but that sounds like an awful lot of trouble for such profits, risk and interest for years to come. 

But maybe I am missing something. Can anyone else chime in on this? Would love to hear other peoples input....I never understood this model....like I said maybe I am missing something building your business on debt and banking risks? 

Post: Do you invest in these areas?

Account ClosedPosted
  • Wholesaler
  • Saint Louis, MO
  • Posts 312
  • Votes 49

@Taylor K. I can help you analyze your area if you'd like....then connect with me :)

Post: Newbie from DMV (DC-MD-VA)

Account ClosedPosted
  • Wholesaler
  • Saint Louis, MO
  • Posts 312
  • Votes 49

@Account Closed you're right. It sounds very romantic to flip/rehab of course. If my opinion that is the hardest way to get started in real estate and the one that is unpredictable especially in the beginning.

Do you have a budget for marketing for example? Do you have a marketing plan? Have you analyzed your area? Need help with that...connect with me if you want.

Thomas

Post: New member from RVA

Account ClosedPosted
  • Wholesaler
  • Saint Louis, MO
  • Posts 312
  • Votes 49

@Brandon Fisher Sounds good. Sounds like you are looking for buy n hold investments? What exactly did you have in mind? 

Are you looking to a passive investor or take a more active role in your investments. What type of returns are you looking for?

Post: New Member from Indiana-Lafayette

Account ClosedPosted
  • Wholesaler
  • Saint Louis, MO
  • Posts 312
  • Votes 49

@Casey Bollock ok sounds good. So let me get this straight. You want to advise your clients about RE investing options? THAT sounds like passive investments for your clients then perhaps? I would gladly share ideas and concepts with your for that purpose. Connect and/or let me know.

Thomas

Post: new investor - Greenville, South Carolina area

Account ClosedPosted
  • Wholesaler
  • Saint Louis, MO
  • Posts 312
  • Votes 49

@Account Closed I would say you would need a good 15% cap rate to make it worth your while. Here in St. Louis I analyze areas where you can get a good 25%-40% cap rate. These are areas where a lot of out of state investors buy and hold.

What did mean with this: "If they said 9 what help could you give?"?

Post: New Member from Indiana-Lafayette

Account ClosedPosted
  • Wholesaler
  • Saint Louis, MO
  • Posts 312
  • Votes 49

@Casey Bollock Sounds like you would like to take a relative passive approach to investing which is cool. What are you currently interested in pursuing?

Post: Thinking of selling a rental

Account ClosedPosted
  • Wholesaler
  • Saint Louis, MO
  • Posts 312
  • Votes 49

@Christy Brey have you thought about selling and re-investing as a more passive investor? 

I believe your best option is seller financing. You can make money and interest years to come. Usually a 15 year seller financing deal is awesome. We can put some numbers together so that everyone wins.

Connect if you want to know more and/or if you're interested.

Post: Investing local vs Midwest

Account ClosedPosted
  • Wholesaler
  • Saint Louis, MO
  • Posts 312
  • Votes 49

@Kris Langford Hi Kris. How is your search for midwest investments going?

Post: Looking to Invest in Midwest

Account ClosedPosted
  • Wholesaler
  • Saint Louis, MO
  • Posts 312
  • Votes 49

@Jason Wilde how is your search for midwest investing going?