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12
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38
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Kimberly Bunch
38
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12
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New Member Introduction

Kimberly Bunch
Posted
  • Hi all! New member here and look forward to connecting and learning. 
  • My investment background: I got my RE license several years ago to simply save money on purchasing my own homes. I ended up helping a handful of friends and family buy/sell over the last few years and after seeing a multitude of flips on the market I decided to try my hand at it. I sold my first flip on March 30th of this year and bought my 2nd on March 31st. I just listed my 2nd today and have started demo on my 3rd. All have been funded with private money and shared profits. My profit goal per project is 10% of ARV.
  • I would like to start to create a portfolio of rental properties. I am a bit lost as to where to start! I have a desire to have a STR in a few spots - specifically, north Georgia Mountains, Mid-Town Atlanta, New York City and a beach location. Additionally, I would like to have a few mid-term properties here in Marietta.
  • I would like to fix/flip 2 additional properties by the end of the year and purchase 1 rental property to have ready to start to rent January 2024. 
  • I am looking to the BiggerPockets community for additional networking and resources. Specifically, creative lending strategies, suggestions on finding off-market properties and really understanding the cash-flow spreadsheet for rentals. 
  • Shout out to the Real Estate Rookie podcast. I started listening just a week ago, which got me to join this group and they may be convincing me to go Pro!

Most Popular Reply

User Stats

6,232
Posts
5,592
Votes
Nicholas L.
#2 Out of State Investing Contributor
  • Flipper/Rehabber
  • Pittsburgh
5,592
Votes |
6,232
Posts
Nicholas L.
#2 Out of State Investing Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Kimberly Bunch

welcome.  here's my advice:

-go to REIAs

-start local (local being within driving distance - anywhere you can be hands on.)

i'm having success with creative financing and would be happy to discuss / share more

User Stats

2,967
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1,209
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Kerry Noble Jr
  • Investor
  • Indianapolis, IN
1,209
Votes |
2,967
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Kerry Noble Jr
  • Investor
  • Indianapolis, IN
Replied

Welcome!! 

  • Kerry Noble Jr
  • User Stats

    54
    Posts
    25
    Votes
    Kyle Trotman
    • Kennesaw, GA
    25
    Votes |
    54
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    Kyle Trotman
    • Kennesaw, GA
    Replied

    Welcome to the BP fam Kimberly!  

    Rent to Retirement  logo
    Rent to Retirement
    |
    Sponsored
    New Build STR, 126% ROI + $90K Tax Deduction + $60K Cash Back! STR Loophole program - use cost seg to offset W2 income w/o RE Pro or min hours. No furnishing req!

    User Stats

    18,004
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    6,330
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    Dmitriy Fomichenko#1 New Member Introductions Contributor
    • Solo 401k Expert
    • Anaheim Hills, CA
    6,330
    Votes |
    18,004
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    Dmitriy Fomichenko#1 New Member Introductions Contributor
    • Solo 401k Expert
    • Anaheim Hills, CA
    Replied

    Welcome to the BP family @Kimberly Bunch ! Glad to have you as a part of this awesome community!

    Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...

    Good luck on your investments!

    User Stats

    16
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    5
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    Brandon Rich
    • Lender
    • Woodstock, GA
    5
    Votes |
    16
    Posts
    Brandon Rich
    • Lender
    • Woodstock, GA
    Replied
    Quote from @Kimberly Bunch:
    • Hi all! New member here and look forward to connecting and learning. 
    • My investment background: I got my RE license several years ago to simply save money on purchasing my own homes. I ended up helping a handful of friends and family buy/sell over the last few years and after seeing a multitude of flips on the market I decided to try my hand at it. I sold my first flip on March 30th of this year and bought my 2nd on March 31st. I just listed my 2nd today and have started demo on my 3rd. All have been funded with private money and shared profits. My profit goal per project is 10% of ARV.
    • I would like to start to create a portfolio of rental properties. I am a bit lost as to where to start! I have a desire to have a STR in a few spots - specifically, north Georgia Mountains, Mid-Town Atlanta, New York City and a beach location. Additionally, I would like to have a few mid-term properties here in Marietta.
    • I would like to fix/flip 2 additional properties by the end of the year and purchase 1 rental property to have ready to start to rent January 2024. 
    • I am looking to the BiggerPockets community for additional networking and resources. Specifically, creative lending strategies, suggestions on finding off-market properties and really understanding the cash-flow spreadsheet for rentals. 
    • Shout out to the Real Estate Rookie podcast. I started listening just a week ago, which got me to join this group and they may be convincing me to go Pro!

     Hi Kimberly! I have a pretty good network in GA. I would love the opportunity to take a look at your next FnF project. Because of your experience, I may be able to provide you with some great lending options. 

    User Stats

    6,232
    Posts
    5,592
    Votes
    Nicholas L.
    #2 Out of State Investing Contributor
    • Flipper/Rehabber
    • Pittsburgh
    5,592
    Votes |
    6,232
    Posts
    Nicholas L.
    #2 Out of State Investing Contributor
    • Flipper/Rehabber
    • Pittsburgh
    Replied

    @Kimberly Bunch

    welcome.  here's my advice:

    -go to REIAs

    -start local (local being within driving distance - anywhere you can be hands on.)

    i'm having success with creative financing and would be happy to discuss / share more

    User Stats

    12
    Posts
    38
    Votes
    Kimberly Bunch
    38
    Votes |
    12
    Posts
    Kimberly Bunch
    Replied
    Quote from @Brandon Rich:
    Quote from @Kimberly Bunch:
    • Hi all! New member here and look forward to connecting and learning. 
    • My investment background: I got my RE license several years ago to simply save money on purchasing my own homes. I ended up helping a handful of friends and family buy/sell over the last few years and after seeing a multitude of flips on the market I decided to try my hand at it. I sold my first flip on March 30th of this year and bought my 2nd on March 31st. I just listed my 2nd today and have started demo on my 3rd. All have been funded with private money and shared profits. My profit goal per project is 10% of ARV.
    • I would like to start to create a portfolio of rental properties. I am a bit lost as to where to start! I have a desire to have a STR in a few spots - specifically, north Georgia Mountains, Mid-Town Atlanta, New York City and a beach location. Additionally, I would like to have a few mid-term properties here in Marietta.
    • I would like to fix/flip 2 additional properties by the end of the year and purchase 1 rental property to have ready to start to rent January 2024. 
    • I am looking to the BiggerPockets community for additional networking and resources. Specifically, creative lending strategies, suggestions on finding off-market properties and really understanding the cash-flow spreadsheet for rentals. 
    • Shout out to the Real Estate Rookie podcast. I started listening just a week ago, which got me to join this group and they may be convincing me to go Pro!

     Hi Kimberly! I have a pretty good network in GA. I would love the opportunity to take a look at your next FnF project. Because of your experience, I may be able to provide you with some great lending options. 

    Hi Brandon. Thanks so much for your reply. I would love to connect. Would you be free for a 15 min call sometime next week?

    User Stats

    98
    Posts
    31
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    Replied

    Kimberly Bunch - Welcome and congrats on your success! Are you familiar with the STR restrictions in NYC? I do MTR in NYC to avoid all that drama.

    User Stats

    10,504
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    5,102
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    Andrew Syrios
    • Residential Real Estate Investor
    • Kansas City, MO
    5,102
    Votes |
    10,504
    Posts
    Andrew Syrios
    • Residential Real Estate Investor
    • Kansas City, MO
    ModeratorReplied

    Welcome to BP Kimberly and best of luck investing!

    User Stats

    352
    Posts
    219
    Votes
    Katlynn Teague
    • Real Estate Agent
    • Atlanta, GA
    219
    Votes |
    352
    Posts
    Katlynn Teague
    • Real Estate Agent
    • Atlanta, GA
    Replied

    Welcome to BP Kimberly, so happy you joined us! I would love to connect with you, I am a licensed realtor in the Atlanta market who specifically works the investment side! 

    User Stats

    44
    Posts
    23
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    Stephen Flynt
    • Alpharetta, GA
    23
    Votes |
    44
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    Stephen Flynt
    • Alpharetta, GA
    Replied

    Welcome to BP Kimberly.  I have rentals in Marietta so feel free to connect if you ever want to chat about real estate.