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All Forum Posts by: Allan Bishop Jr.

Allan Bishop Jr. has started 14 posts and replied 207 times.

Post: How to start investing with no capitol or a stable job.

Allan Bishop Jr.
Posted
  • Rental Property Investor
  • Harker Heights, TX
  • Posts 212
  • Votes 182

Good morning @Jennifer Son.

I’ve been in your shoes and it’s a tough spot. But you can do it!

Since you’ve been listening to BP for so long I’m sure you’ve heard Brandon Turner mention that there are three keys to real estate investing. Money, knowledge, and hustle. But you only need two of three. 

Continue listening and learning to build your knowledge. Find a local REI meetup to network with others and as a platform to put your name out there as an agent.

Side hustles - Being an Uber or Lyft driver is a great way to drive for dollars. You might be able to find empty properties ripe for a deal.

Also, I recommend listening to BP Money podcast episode #74. It has a great suggestion for a side hustle with a real estate connection.

“The Brian Buffini Show” is another podcast I recommend. He leads a large real estate coaching company. I went through some of his training back in the day and it’s really good stuff.

Stay the course. Being an agent in the beginning is rough. Watch your expenses, build your database, and stay consistent. Feel free to reach out anytime if you have more questions. Good luck!

Post: Starting a Real Estate Meet-up

Allan Bishop Jr.
Posted
  • Rental Property Investor
  • Harker Heights, TX
  • Posts 212
  • Votes 182

This will be a great opportunity for us to learn, share our knowledge, network, and motivate each other. 

Post: New Member in Fort Knox

Allan Bishop Jr.
Posted
  • Rental Property Investor
  • Harker Heights, TX
  • Posts 212
  • Votes 182

Welcome to BP @Oliver Perry!

Between the podcasts, blogs, forums, books, and webinars you’ll find tons of useful information.

Post: San Antonio: B Class neighborhoods for buy and hold investing?

Allan Bishop Jr.
Posted
  • Rental Property Investor
  • Harker Heights, TX
  • Posts 212
  • Votes 182

Welcome to BP @Alissa Evans! You'll find a bunch of resources here to help you on your REI journey.

I’m also looking in the NE of San Antonio but for a MFP that I would owner occupy. I anticipate moving back to Texas maybe this summer but hopefully next at the latest. The properties I’m finding seem to be good and in nice areas. So I think you’re looking in a good part of town. 

As I start to make contacts in the area I’d be glad to share that information with you. 

Post: Investor and Realtor in Louisville, Kentucky

Allan Bishop Jr.
Posted
  • Rental Property Investor
  • Harker Heights, TX
  • Posts 212
  • Votes 182

Welcome to BP @Tiffiny Robinson - sounds like you are well on your way to success! Excellent use of your license as a tool in your investor tool kit! Good luck on finding that 12th property!

Post: New Investor - need guidance in Tampa, FL

Allan Bishop Jr.
Posted
  • Rental Property Investor
  • Harker Heights, TX
  • Posts 212
  • Votes 182

Welcome to BP @David Pollitt. I recommend you and @Jeremy Vanderloop reach out to @Katherine Blazer. She's an agent in the area and has access to off market properties. You're in a great market to be able to take advantage of REI opportunities.

I also suggest finding a local REI group by looking on this site or in the Meet Up app. That is another great way to connect with local investors and others in the field.

Good luck!

Post: Eager to learn, excited to start

Allan Bishop Jr.
Posted
  • Rental Property Investor
  • Harker Heights, TX
  • Posts 212
  • Votes 182

Welcome to BP @Jared Lawrence!

Focusing on your education is a great place to start. Podcasts, webinars, books, forums, and blogs are the perfect entry point.

Connecting with a local group of REI minded folks is also good. You can find those groups on this site or with the Meet Up app.

I see you already invested in going PRO. One benefit (of many) is the unlimited use of the calculators. Learning and getting the math right will determine if you get a “good” deal. Practice, practice, practice!

Best of luck to you as you begin! 

Post: How much to tear down the original mobile home and put a new on?

Allan Bishop Jr.
Posted
  • Rental Property Investor
  • Harker Heights, TX
  • Posts 212
  • Votes 182

Welcome to BP @Wenjun Pan!

To receive an answer to your question you’ll need to provide additional information. 

What city and state is the mobile home in? Is it located in a mobile home park? What is the asking price? Is it only “outdated” or are there major repair issues? Give as much detail as you can to get the best answer.

Can a mobile home be torn down? Yes. How much will it cost? Depends - best bet is to do some due diligence and call a company in that area that specializes in that and ask them for a quote.

I’d also recommend beefing up your profile page. Add a picture and fill in the description. BP is a great community to be a part of and having a complete profile helps people connect with you as a person. 

Good luck!

Post: Palm Coast FL Realtor and Newbie investor!

Allan Bishop Jr.
Posted
  • Rental Property Investor
  • Harker Heights, TX
  • Posts 212
  • Votes 182

Welcome to BP @Joseph Beilke

If you want a solid networking connection reach out to @Katherine Blazer. She's in your area and can not only be someone you network with but she can provide you with a list of off-market properties prime for flipping or BRRRR strategy.

Post: Newbie from Tampa, FL

Allan Bishop Jr.
Posted
  • Rental Property Investor
  • Harker Heights, TX
  • Posts 212
  • Votes 182

Welcome to BP @Erik St. Martin!

I see you’ve already invested in going PRO. Great decision! Unlimited use of the calculators by itself makes the membership worth it.

You’ll want to connect with @Katherine Blazer. She’s in your area and can provide you with some fix and rent leads. Plenty of properties come available that meer this criteria and could be what you’re looking for!