All Forum Posts by: Arpan Patel
Arpan Patel has started 14 posts and replied 478 times.
Post: Evolution of Deal Sources

- Investor
- Chicago, IL
- Posts 504
- Votes 191
We get everything from the MLS but we are looking at it a bit differently than people in our area. It is mostly because of the way we do rehabs and general amenities in our properties. The MLS can be great if there is a general way that people are looking at in your area and you have a different take. Maybe your value add can be zoning. We haven't used a different source yet but eventually we may have to.
Post: help starting out in real estate

- Investor
- Chicago, IL
- Posts 504
- Votes 191
House hack and move your friends into the bedrooms. That is what I would do and wish I did in college. You can learn some property management and hopefully make some money too. After you are done with college, then you can sell or keep it and move on to the next project. Good luck!!
Post: Converting SFR to Vacation Rental

- Investor
- Chicago, IL
- Posts 504
- Votes 191
Post: $100k+ in student loans

- Investor
- Chicago, IL
- Posts 504
- Votes 191
Post: Fresh out of college, rent for a year or buy cheap?

- Investor
- Chicago, IL
- Posts 504
- Votes 191
Post: Setting up my rental business, any tips?

- Investor
- Chicago, IL
- Posts 504
- Votes 191
Post: What Do You Pay For Flipping Insurance?

- Investor
- Chicago, IL
- Posts 504
- Votes 191
Post: Motivated, but new. Please help

- Investor
- Chicago, IL
- Posts 504
- Votes 191
Post: Getting started with Wholesaling?

- Investor
- Chicago, IL
- Posts 504
- Votes 191
1) I would argue no. lots of time, new people lack knowledge of rehab numbers and market knowledge. Typically people go with a more shotgun approach and this strategy called for a more exacting philosophy that new people don't yet have.
2) Local REIA?
Post: I have 100k to invest what do I do ? And what are the options

- Investor
- Chicago, IL
- Posts 504
- Votes 191
Agreed with the others. This isn't a get rich quick gimmick. It is a get rich slow scheme. There are many options but what has naturally caught your attention after being on this site for a min? podcasts are great so if you haven't checked them out already, start there and then just follow what appeals to you most (generally)