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Investing for Cash Flow! Where to Invest? What are the Risks? Interactive call

  • Apr 29, 2013 · 9:00 PM
  • This location is shown only to members

Hey Everyone! I will be sending the phone number and pass code today by about 12 noon.

Thank you Derek! And Everyone for Your Questions!

Please UNDERSTAND.... (I welcome questions to the degree that there is a Mutual Benefit! This Question has a major Mutual Benefit!)

WHY?

Because it LEADS Directly to a conversation that I would like to have with this group!

Investing for Cash Flow! Where to Invest? What are the Risks? & Much More!

To answer YOUR Question, specifically, and directly....

which is.....

Mark,

I saw your answer for Jeiby. I know everyone bugs you for advice and information, and I would not ask you if I were not serious. I live in NYC, and it seems that most here invest for appreciation, while I want to invest for cash flow. I'm considering investing out of state, but that has its own hardships. Properties in the Metro Detroit area (where I'm from) appear to be very inexpensive, but with absentee risk. Houston is also on the short list. What would you do if you were me, and why?

Thanks!

Derek

There is a LOT to this question, it is a very good question, And I will send a series of emails to the group to answer part of it... The rest on this Meetup... Best Wishes, Mark Group Organizer[masked]

Join or login to comment.

  • Rajesh V.

    Very useful.

    April 30, 2013

  • A former member
    A former member

    I learned a little.

    April 30, 2013

  • Leon T.

    The meetup was very informal, highly educational with lots of common sense info and EXTREMELY useful!

    2 · April 29, 2013

  • Mark P.

    Phone number and pass code has been sent!

    April 29, 2013

  • Mark P.

    LAST Chance! I will be sending the phone number and pass code for the conference call, today by about 12 noon.

    April 29, 2013

  • Derek J.

    This will be a phone call?

    1 · January 16, 2013

    • A former member
      A former member

      If it is going to be a webinar can it be taped. I work at night and it is a little hard for me to attend without interruptions.

      March 1, 2013

    • Mark P.

      I will be sending the phone number and pass code for the conference call, today by about 12 noon.

      April 29, 2013

  • Rajesh V.

    Is this meetup going to be a conference call/ webinar? Or is there a location?

    1 · April 28, 2013

    • Mark P.

      I will be sending the phone number and pass code for the conference call, today by about 12 noon.

      April 29, 2013

  • Mark P.

    Every Market has it's Plus and Minus. Houston, Texas is my 1st Choice, you have LOTS of Job Growth and Affordable Housing, which is bringing lots of population growth! That is true for many major Texas Markets! Dallas, Austin, San Antonio, even El Paso! Houston does have some appreciation, and cash flow, (the negative? High Property Taxes! Which cuts into cash flow!) Kansas City is also good, I have a group there, and in Houston. I grew up in the suburbs of Detroit, and know it well. I would NOT invest in the City of Detroit, I would invest in the right suburbs of Oakland County. More in my emails.....

    January 14, 2013

    • Mark P.

      You are welcome to join any of my Meetup Groups Nationwide! It is FREE to join!

      April 13, 2013

  • Mark P.

    Part four: So what would I suggest? Philadelphia is the least expensive market in the North East, you can cash flow with a good low interest loan on a deal you bought for 70% of ARV, less repairs. This is why I am in that market, I can get you deals there, and, if you work through me, show you how you can buy without 20% down! Which is required for most investor loans. We are able to get people with good job and credit into deals for just closing costs and related fees. Sometimes zero down payment! Can do this in the other states as well. (also you could drive to Philly! Or take the train!) more about all of this on the conference call!

    April 13, 2013

  • Mark P.

    Part Three: the problem with Texas? No state income tax? (That is good for most of us who live here and... ) Property Taxes are TRIPLE what they are in some other states! Impacting Cash Flow! Still worth buying in Texas, and Cash Flow is better in Kansas City! I could also get you deals there! And people from my Seattle Meetup group are buying in KC.

    April 13, 2013

  • Mark P.

    Part two: Houston, Texas is the opposite of Detroit! 100,000 new jobs last year! Booming growth, demand, building, rents going up, hard to find good deals! I could help you find deals in Texas. In addition to Houston. I have deals all over the state.

    April 13, 2013

  • Mark P.

    Part one: Let me give you short answer to your question Derek, Michigan could be good, and you would deal with extreme risk. Lots of problems with government corruption, unemployment, lack of stability, and more! That being said, I would buy in places like Royal Oak, Troy, Waterford, I like Oakland County, and my mothers home is down in value over 50% and she can not sell!

    April 13, 2013

  • Mark P.

    I believe that Philadelphia is the BEST Market in the North East! http://www.meetup.com/DONE-FOR-YOU-Properties/

    January 14, 2013

  • Mark P.

    January 14, 2013

  • Mark P.

    January 14, 2013

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