All Forum Posts by: Abbey Humphreys
Abbey Humphreys has started 9 posts and replied 299 times.
Post: New Multi Family Construction in New Braunfels
- Posts 303
- Votes 324
I love New Braunfels! I grew up going there in the summers. This looks like a stellar acquisition- great job.
Post: New Property Post
- Posts 303
- Votes 324
This looks great!
Quote from @Zachary McDonough:
Quote from @Graciano Perez Jr:
Hey BP fam, my name is Graciano Perez. New to the wholesale space as I’m looking for just a handful of local investors I can build a long term mutual beneficial business relationship within the LA County / Orange County markets. All advise/tips are welcomed. I appreciate you all
Find some local meetups. Personal connections are your highest source of ROI. Invest in relationships. I know wholesalers who function as the real estate yellow pages. They make tons of connections, and people end up seeing them as a complete source for deals and vendors.
That's what you should shoot for.
Fully agree- meetups and face-to-face meetings/relationships are going to be your best friend in this process.
As far as property managers, if you have the time, I would suggest you manage it yourself if it already is not cash flowing. The answer to that is personal preference at the end of the day, though. If you don't have time/don't want to put in a lot of effort, then it's worth it for you. If you're looking to mitigate costs, then definitely do it yourself.
I definitely agree here- get involved locally or in the market that you're looking to invest in. Don't take a super wide view, narrow your focus and become an expert in one specific area.
Networking is also really important when it comes to finding the best deals. Knowing the right person can make all the difference.
Post: Creative Finance to STR
- Posts 303
- Votes 324
Congratulations on your acquisition- looks like you hit the jackpot
Post: STR hold and cashflow
- Posts 303
- Votes 324
This looks great! Nice work
Post: First investment property in Lansing, MI
- Posts 303
- Votes 324
This is awesome- nice work!
Post: Our first flip in Indianapolis!!
- Posts 303
- Votes 324
This looks great- congratulations!