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Bump. Watching the motivational videos on youtube and IG by Jay "Mr. Real Estate" Morrison has me interested in real estate investment. What are some knowledgeable resources I can use to educate myself?
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Bump. Watching the motivational videos on youtube and IG by Jay "Mr. Real Estate" Morrison has me interested in real estate investment. What are some knowledgeable resources I can use to educate myself?
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He added me on IG a while ago and I had no idea who he was. Was skeptical of him at first but after reading his book (Hip-Hop to Homeownership) and checking out his creds, (he's been on NBC and other TV shows numerous times) I think dude is legit. I support his Youngmindscan movement. Check it out
Glad to see this thread pop back up, in the past two years I've bought and sold about 35 properties. Currently, I'm getting ready to start my first new construction ( submitting plans Tuesday to the city) as well as looking at some other lots and finishing current rehabs. Keep at it fellas. I got in to this business back in 04-05 and didn't really see things take off until 2010.
I've purchased and sold 7 properties this year. Keep this thread updated with your new construction project. I'm looking to go that route someday soon. Well, I hope anyways
VaGixxer . Used to have 2k battles with this dude 3-4 years ago
My sister made money off this back when it was "in," and the market allowed it. It's not as easy as it was back then, but I think it can still be done, especially if you buy multiplexes (duplex, quadriplex, etc.)
^ What have you been told about your down payment? I'm reading that insurance companies don't like investment properties, therefore, the down payment needs to be at least 20% just to get in the game. More likely 25% if you want to win the bid. It makes sense, but I hope it's not entirely true.
^ What have you been told about your down payment? I'm reading that insurance companies don't like investment properties, therefore, the down payment needs to be at least 20% just to get in the game. More likely 25% if you want to win the bid. It makes sense, but I hope it's not entirely true.