All Forum Posts by: Andrew Davis

@Andrew Cordle I'm sending it to people I know.  But, it may be worthwhile to bring it to local banks and lenders as well, what do you think?

Hey @Jake Luttrell welcome to BP and congratulations on getting started in REI!

Do what @Mike Dmuchoski and @Brandon Turner say and you'll be way ahead of the game.

I wish you great success!

Hey @Nkiruka Okeke , welcome to Bigger Pockets!

Do what @Brandon Turner said and you will learn a ton.

Additionally, check this guide out, it has helped me tremendously:

http://www.biggerpockets.com/real-estate-investing

Also, before posting on the forums, use the search bar in the upper right hand corner to see what has already been posted.  For example, if you're interested in wholesaling, search for that and you'll most likely find you are not alone and your questions have already been answered.

Again, welcome, and I wish you great success!

Hey @Kristi R. welcome to Bigger Pockets and congratulations on getting started!  

The podcasts are an education in and of themselves, so you are well on your way.

This guide has been extremely helpful for me:

http://www.biggerpockets.com/real-estate-investing

Also, If you're planning on flipping to generate capital (a great idea!), check out @J Scott 's books, they are amazing and practical, no fluff!

http://get.biggerpockets.com/flippingbook/

I wish you great success!

Hey @(Donna) Hang Vo , driving for dollars simply means driving, or in my case walking, through a neighborhood and looking for homes ripe for investment.  They could be vacant, distressed, or they may simply fit your criteria.  Then you write down the addresses, research who owns the properties and start marketing to them.

Hey @Fred T. 

Thanks so much for your feedback.  I will definitely make some revisions going forward to include my skin in the game, exit strategies, and how I plan to pay investors during renovation and vacancy periods.

I also appreciate your thoughts on the ARV, refinancing and how you would approach it as a private lender.

Hey @John Citro , welcome to Bigger Pockets!

You're already ahead of the game, the podcasts are an amazing education.

Check this out (it has helped me tremendously):

http://www.biggerpockets.com/real-estate-investing

I wish you great success!

Nothing wrong with offering 50k, worst thing that happens is they counter. The numbers definitely work, especially since it's rehabbed. Pay cash and then get a HELOC and go buy another property!

Hey @Marc Vargas 

You may have heard this expression, but "cash will find good deals".  

Great advice from @Dev Horn @Gideon Sylvan and @Fred T. 

If you haven't already, check this guide out .

And listen to these podcasts:

http://www.biggerpockets.com/renewsblog/2014/11/20...

http://www.biggerpockets.com/renewsblog/2014/11/13...

My advice, find out who the most successful wholesaler is in your market.  Get in touch with him/her and ask if they'd be willing to walk you through your first deal for 50% of the profits.  Then go find a great deal.

Oh, and check out @Brandon Turner 's book, he delves into wholesaling along with a lot of other great stuff.

http://get.biggerpockets.com/nomoneydown/

@Scott Trench great thread, thanks for starting it!

I've had so many it's hard to pin down my first one.  It probably came when I realized that went from being really intrigued by every guru I heard to having absolutely no interest in what they were selling at all.  I realized that I had learned SO much in such a short period of time, and that everything I needed to know I could learn on Bigger Pockets.