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4 contributions to Rentals2Wealth Community
Nov '24 •
👋 START HERE 👋 Introduce Yourself In the Comments Below! 🔥
Hi! Welcome to Rentals2Wealth! This community is designed to help you get your first or next cashflowing rental property no matter where you live or how much money you have. 🚨Step 1🚨: Introduce Yourself in THIS THREAD below! (✄ copy/paste template 👇) - 👋 Hi, I’m _________! I live in ____________. - I currently have ________ rentals and want to have _________ rentals by this time next year. - My 3 biggest challenges with RE investing right now are _______ , _______ , and _________. - For fun I like to _____________. - Something I'm currently obsessed with is ___________. **Bonus points if you include pictures of yourself and your social links for us to connect** Browse other intros, comment on a few, and connect with new friends. 🙌🏼 🚨Step 2🚨: Go through the Start Here Training! 👈🏻👈🏻👈🏻 Thank you for being here and welcome to the community! 🚀🚀
Poll
342 members have voted
0 likes • Oct '25
@Darryl Villamor Thank you :-)
0 likes • Oct '25
@Blake Choisnet Thank you so much!
Oct '25 •
Getting Educated
OK, anyone on here tonight want to answer a question for me?? Question is; When I have an subject property that I'm looking at, after looking at it, Do I make the offer and lock it up under contract? Or do I lock it up under contract and then make the offer..??
2 likes • Oct '25
When the number works, make an offer to get under contract. Then sell the contract hehehe
Oct '25 •
Still A Beginner:
Good morning Folks.. Gary here coming to you from Hamilton, AL. Couple questions, this morning. 1). If I'm purchasing an property to buy and hold, and buying as is...Do I need an appraisal before purchasing, or buy and rehab and then get an appraisal..? 2). Do I need to buy properties under an business LLC, or can I buy a few under my given name first..? 3). Can I use the Real Estate Agents contract to wholesale properties..? Thanks Best Regards, Gary Edgar
2 likes • Oct '25
if you are financing the deal, an appraisal is necessary. buying through an LLC provides anonymity somehow. The forms for wholesaling i think is different, don't quote me on that. I use a different form
2 likes • Oct '25
@Gary Edgar I used other people's money literally. Lenders would like you to have skin in the game. Thus we needed the 10% down payment, and the rehab Loan is not given to you in lump sum but in Draws upon finishing a scope of work. So you would still need to have your own money to start and finish one scope of work
Sep '25 •
Multifamily investing
Hello! I’m new here. I’m here because it’s time. I have to do something to make life more financially comfortable. Right now my wife and I both work full time and it’s just not enough in today’s world. I have my eye on a couple of 3-4 unit multifamily properties between 175k-250k, but am struggling with how to come up with down payment. I’m expecting to hear one of a couple things; either if I don’t have enough saved for a down payment I’m not ready for this, or there are other options. If there are other options, that’s where I’m lost. It sounds great, but it seems like one of those “too good to be true” things, and if it is true, why isn’t everyone doing it?! Anyway, that’s my into and where I’m at!
1 like • Oct '25
Ted, I was in the same boat as you. I found a couple of friends who helped pool the money and we got out first fix and flip under our belt. We now have money to put towards our next project, which would be a buy and hold multifamily.
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@christian-bimmer-7187
Real Estate Investor
Reiki Master-Healer
Coach's Coach
Active 8d ago
Joined Oct 5, 2025
Concord CA
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