All Forum Posts by: Aaron H.

Click "Education" at the top of the screen and read the Ultimate Beginners Guide, then click "Store" and read J. Scott's Book on Flipping Houses.

Brandon's Low and No Money Down book is a good place to start. Doubt you're going to find a book specific to Atlanta, but to be honest in wholesaling land the similarities between areas are larger than the differences. If you've been to some seminars and you've read a bunch of blog posts on BP and you have a pretty good sense of what you're doing, then you know enough to get started - next step is to find a deal!

As a start, J Scott's Book on Flipping Houses, David Green's Long Distance Real Estate Investing book, and a lot of time spent looking at pictures of other people's rehab projects (on Deal Diaries here, or Instagram, or wherever).

I've never heard of it, but a cursory search of the BP forums has a number of other posts on this topic, e.g.:

https://www.biggerpockets.com/forums/79/topics/635...

Without doing any research, my immediate reaction is to be extremely wary of any "training course" that someone wants you to pay for. You can find all the same information for free on BP and other sites. "Digital bandit signs" sounds like a mediocre branding play to repackage beginner info on digital pay-per-click advertising. PPC isn't rocket science - use free tools to research keywords, buy ads on google or facebook.

Every dollar you spend on some guru teaching you how to advertise online is a dollar you could have spent, you know, advertising online...

Anytime something is completely vacant (whether that's an apartment complex or an MHP), my warning lights go off wondering what the root cause of the vacancy is. Sometimes it's as-described by the seller and an easy problem to fix. Sometimes they're trying to put a good face on a worse situation they're hoping you don't find out about. Point is, you're buying a non-performing asset, so tread extremely carefully.

Whether 219K is reasonable is dependent entirely on your expected cash flow picture after you pay for the park improvements and if you can get the park filled up...

Sure - anything you can negotiate is possible...

You're probably okay - if you have a carbon copy of each check, then that's basically equivalent to having a "receipt" for that transaction - it has a date, an amount, a payee, and ideally, a memo line describing the purpose of the transaction. Sometimes that's all it's feasible to keep.

That said, it's still better to get an actual invoice for services rendered whenever possible - think of that like getting the "itemized" receipt that actually describes what you spent the money on. It comes from a 3rd party, not you. That way it's a little easier to substantiate that the $100 check to Jane Q. Smith is for your landscaper, not your drug dealer. Like @Daniel Hyman said, the easier you make it on a hypothetical future auditor with the most detailed records possible, the better.

I buy distressed properties, fix them up, and rent them out. Works for me, may or may not work for you depending on your goals.

Struggles, too many to list :) The trick is to just keep going, no matter what.

Welcome to BP - best advice, click "Education" at the top of the screen, then "Guides" - check out the Ultimate Beginner's Guide. From there, start exploring the rest of the resources on the site.

An attorney isn't a requirement. It's very common to get properties under contract using your own paperwork (especially when they're already standardized in the state you live in). But, if you're brand new, it might be worth consulting with a lawyer to make sure you're doing it right.