All Forum Posts by: Account Closed
Account Closed has started 0 posts and replied 119 times.
Post: What hobbies or activities did you give up when you discovered real estate investing?
- Real Estate Investor
- Los Angeles, CA
- Posts 143
- Votes 29
Great thread everyone!
I definitely found myself spending more time with different people outside of my "circle".
You know the saying, "You are the average of the 5 people you spend the most time with." -- it's so true. When you run out of time each day, it really makes you understand who to spend it with. Such an important lesson for me.
Andrew
Post: Starting out in college?
- Real Estate Investor
- Los Angeles, CA
- Posts 143
- Votes 29
Welcome to BP!
How much reading, etc have you done on investing so far? There's lots of great books, podcasts (including BiggerPockets) out there, and a great way to learn.
Here's a list of books that I really enjoyed. Best of luck to you!
https://www.dropbox.com/s/4342p58835rvsit/My%20Personal%20List%20of%20Books%20VA.pdf
Post: Real deal real estate investors
- Real Estate Investor
- Los Angeles, CA
- Posts 143
- Votes 29
I would be very hesitant, but definitely get on the phone with someone, and find out what they are offering, etc. Probably not worth it, but you never know. If you don't understand what they are offering in terms of education or service, it's most likely not worth the time.
There's tons of GOOD free advice and education out there :)
Great advice from everyone, too.
Andrew
Post: Why do investors choose to mentor newbies?
- Real Estate Investor
- Los Angeles, CA
- Posts 143
- Votes 29
I am fortunate enough to have incredible meters in my life. Most of these folks are extremely busy, and we are not working on deals together. You have to give to receive. Just like Zig Ziglar says, "You cab have everything in life you want, if you just help enough other people get what they want."
It's true! Even if you can pass down a little knowledge and education, it's so important.
@Jerry Jaco I have a friend who's an investor and also a vet. I would like to try and connect you guys. Send me a PM, and I'll get the ball rolling.
Andrew
Post: First (potential) Deal Question
- Real Estate Investor
- Los Angeles, CA
- Posts 143
- Votes 29
Spend the money and get an appraisal, and also get a realtor to run comps for you. It's money well spent. You need real time market info -- not the history of the property. Then you know what the actual return is. Have you asked any property managers how much it will rent for each month? Good info to know as well.
Post: Hello my name is Dale
- Real Estate Investor
- Los Angeles, CA
- Posts 143
- Votes 29
Welcome to BiggerPockets!
Here's a few things to get you started:
Start here: http://www.biggerpockets.com/real-estate-investing
Check out the Start Here page http://www.biggerpockets.com/starthere
My Personal List of Books https://www.dropbox.com/s/4342p58835rvsit/My%20Personal%20List%20of%20Books%20VA.pdf
Best of luck to you!
Post: First (potential) Deal Question
- Real Estate Investor
- Los Angeles, CA
- Posts 143
- Votes 29
Are you leveraging this property (mortgage)?
You should spend the money, and get an appraisal if you are not leveraging it -- and find a local realtor to run comps for you. Then you'll have a better idea of the actual value.
Andrew
Post: Newb from SoCal
- Real Estate Investor
- Los Angeles, CA
- Posts 143
- Votes 29
Welcome to BiggerPockets! Always nice to see fellow Californians :)
I'm big into education, which was the foundation to my investing career. Here's a list of books that I read, and hope you find a few you like! Good luck.
Andrew
My Personal List of Books https://www.dropbox.com/s/4342p58835rvsit/My%20Personal%20List%20of%20Books%20VA.pdf
Post: New investor from DC interested in Atlanta
- Real Estate Investor
- Los Angeles, CA
- Posts 143
- Votes 29
Here's a market overview I put together on Atlanta that you might find helpful.
Market Study & Overview on Atlanta, GA https://www.dropbox.com/s/q49z9qxcvf7spz3/Case%20Study%20Atlanta%20Georgia.pdf
Post: Self Directed IRA's
- Real Estate Investor
- Los Angeles, CA
- Posts 143
- Votes 29
I've had great success with Kaaren Hall @ uDirect. Here's the info.
Kaaren Hall
uDirect IRA Services
(714) 460-5505
www.uDirectIRA.com