All Forum Posts by: Ben Brown

@Michael DeAquino, it sounds like you have a good strategy going for you! I am also here in Denver but using a different strategy. I may go towards your strategy down the road or it may be a hybrid.

Advice, for now, is to stick with what you know works. 

Otherwise, we'll need to have more info from you to give any advice. 

• More on... 
  • What you are moving out of
  • What you are moving into
  • Do you have renters? 
    • LT
    • ST
  • Investors
    • What type of investors do you currently have (family members?)
    • Are you considering other investors

A lot more to be shared/learned. Joining a mastermind might be the way to go.

@Lindsay Massengale, Welcome to the world of real estate investing! It sounds like you are coming with some unique skills with your background. I'm sure you will do great! I would love to network with you, feel free to reach out and/or connect. I am also a newbie. 

@Andrew Rosenberg, You live in HI, but invest in the Springs, that's awesome! I have family down there, so I am there a lot. I caught a BP podcast (I don't remember which one exactly) with a lady investing in the Springs, but she lived in Denver. I swear she said she purchased a place to fix up @ $85k. I must have heard this wrong... or do you see these prices and I need to look harder?

Please feel free to reach out if I can be "boots on the ground" for you or just to connect.

@Jessica Mead, I would love to connect with you!

I'm taking your recommendation to listen to that podcast, I hope you don't mind.

I am in Denver but in the Springs a lot. I am green too, but feel like we could definitely learn and help each other. 

@Nicole Skorka, PM me if you would be interested in meeting up too (here in Denver too). I have one strategy I am looking at for in-state. Out of state, I will definitely be using the BRRRR, starting in OH.
-------

Side note to anyone in the MST time zone & interested in a Mastermind Group (mostly online), please feel free to PM me. If you are interested and not in MST, that's ok too. Just know MST is the priority.

-BB

@Stephen Keighery

@Account Closed

Thank you for the feedback, it is an encouragement. I didn't think I was crazy, the numbers just make sense.

@Lee Ripma

Thank you and really enjoyed your podcast!

@Brian Gerlach

Thank you Brian!

Ouch is right. Burbank is nice though. Sounds like have a good angle with VRs.

Tina, 

Thank you for your replay! I don't know if I am talking about housing arbitrage or not. I 100% understand your explanation on how it works better the other way. Unfortunately, that is not my situation. 

Or maybe you are saying it is a crazy idea?

I've been listening to the BP podcast and just finished the one with Ashley Hamilton. This had me questioning if it actually made any sense to invest in a more affordable market than mine. At the same time, keep renting in my marketing. Of course, still keeping my eyes are peeled for a good house hacking opportunity.

Has anyone tried this? If so, would you vote for or against it? Or does anyone just have an opinion about it?

Otherwise, I am wondering if purchasing mobile homes in this high market and renting those out could be a place to start. 

In my market a 2/2 condo easily goes for $300k. In other markets, an entire house 3/2 house for $100k. I keep hearing to invest in markets that make sense for you. Agreed, but would it make sense to do this while still paying rent?

As a newbie, there will be things, a lot of things for you to learn. If you see a term, an acronym you don't understand, go ahead and look it up. 

A good resource is something BiggerPockets has created for you (and for their SEO). It is the glossary.

I also enjoy the challenge of listing to podcasts to have things I don't understand explained to me. 

Happy hunting!

@Brandon C.

It looks like you received some good advance, My friend did get back to me, here is the abbv ver: 

Did online @ https://creschool.com/

I liked that it was at my own pace, and all online. The content is helpful to pass the test...

---
If you want the full version, DM me.. Truly in short it falls in line with what @Ben Rhodin advised. 

I know there are a ton of agents on BP, hopefully, they get back to you. A friend of mine took his test just a few years ago. I will see if I can get some feedback from him. 

@Tom S., Great info again, thank you!