Hello all.

My name is Darin Gordon and I am a beginning Real Estate Investor. I need to ask a few questions if you don't mind answering them. You can either reply with your answers to this post or e-mail me your answers to dgkans76@hotmail.com

1. Do you have any properties for sale now?

2. Do you think you'll have any properties for sale in the near future?

3. What types of investments do you do? Flipping, retailing, lease options or rentals?

4. Are you looking to buy? If so...

What type of properties do you like and in what areas of town?

Are smaller properties OK, such as 2 bedroom houses?

How about properties that need work?

5. Are there any properties or areas of town you try to stay away from?

6. Do you have a fax number or other telephone number I can contact you at when I find something you might be interested in?

7. When you buy your deals, do you use funds from a partner or do you have a hard money source?

8. How much of your own money do you have available to invest if the deal I have requires it?

9. Can you recommend any good title companies to use?

10 Are there any title companies that you think I should stay away from?

11. Who's a good appraiser?

12. If I find a deal, are you willing to work with me and split the profit or just give me $1000 for every deal?

13. Would you be able to help me get the funds to buy the deal if I need it?

14. How much will you let me borrow for a specific deal?


I look forward to hearing from you soon.In the meantime, you have a wonderful day/night and take care.



Sincerely,
Darin A. Gordon

That's a whole lotta questions, Darin. In the meantime welcome to the forum.

You are in Joplin I see.

We are located in Salem Missouri.

Welcome to the forum Darin.

~VegasMack

Welcome darin, I'm no where near Missouri, but that seems like a very braod bunch of questions....

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Search Homes for Sale in SAN DIEGO and other San Diego Real Estate via the San Diego MLS.

Darin, I think you are going to find that most people who invest in real estate will do everything on and off your list. I would recommend you try and stay focused on one type of property to get started (ie: single family homes, apartment buildings, retail centers). You will be able to learn a lot more about a particular marketplace and property type faster and be more credible when pitching a deal to a potential source of funds as well. As for the split with you and the investor, it is most likely going to depend on the deal you pitch, the risk involved and the potential return. Like the others have said here, it may make sense to try and ask one or two questions at a time.

Hey guys, you are welcome and thank you for the kind words of wisdom. I do admit that was a lot of questions though, but I am a beginning real estate investor though. I am just wanting to, I guess get into the game the right way.

So, I have compiled a couple more questions that I know you will find suitable and please don't take these the wrong way ok.

1. If you had a partner that needs funds for a deal, i.e. for a single-family house, would you loan him/her the money if the ROI has a substantial positive monthly cashflow for you?

2. VegasMack, would you consider on being a partner with someone out of your area, because I have an idea that people can control real estate without actually being there for the deal in person if they are the ones making the deal one on one? I know it sounds crazy, but I just came up with the idea today. Heck, I just might right a book about it...lol



Sincerely,
Darin A. Gordon

St. Louis here.

Welcome to the forum!

Good luck with the answer to your questions Darin.

Welcome anyway!

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Property to rent UK
Flats to rent Bromley Croydon lettings

Darin,

I know very few (if any) skilled investors that want partners. Usually those wanting "partnerships" are broke and inexperienced. These types of partnerships just do not make sense.

I look at it like this: If they don't have any money and a bank won't loan them money, why would I?

Remember, "A partnership is a marriage without the physical benefits"