All Forum Posts by: Brian Pawl

For me real-estate related:

1. Buy at least 2 multi-family properties with combined cash-flow $600+

2. Go to meetups, learn more and network with other people

I currently a new investor and a full time restaurant franchise owner. I just closed on my first fix and flip property in November of 2018 and right now I’m 70% done with renovations.

My goal for 2019 is 10 flips 10 rentals. I know it’s a huge goal for a first year investor. But I’ve went by the saying “shoot for the stars and at worse you’ll land on the moon” lol. I’m also hoping to connect with some experience ppl just for advice and ideas. I’ve been studying hard on the Brrr approach which I’m looking to do I’m not rental investment. I just still have a few questions if any experienced investors out there can DM me. Thanks guys. Cheers to 2019!!!

@Raven Armenta - Thanks. It's going to be a great year.  Your goals are inspiring as well.  I've been wanting to connect with other MF investors. The closest I've come is to being a passive investor in a 256 unit complex in Beaumont, TX. 

@Brian Pawl - I have read multiple articles on the pros and cons of investors having a license and decided that since I already had taken the RE courses needed to take the exam I might as well take the exam as it may potentially help out with a commission when purchasing my primary residence(s). 

My goal is to get my company structure created (appropriate LLCs) and then hit the ground running.  Before the end of the year, I would like to have expanded my investment company to the neighboring states of Illinois, Kentucky, Tennessee and Arkansas.  I would like to even go as far north as Pennsylvania since I'm from there and know the area (northwestern part to be exact), but time and market will dictate that journey.

I know there will be responses against LLCs and some people say to just jump in, but this is my company policy and I'm more than ok with disagreements.  I've done enough research to know that this is how I want to start out.

@Brian Pawl

Mine is simple:

1. Get started.

2. Take the realtors exam.

My goal is to find a new 6-12 unit multi family and maybe another SFR property. Haven't purchased any new investments in about 4 years because I just can't find anything with great returns.

@Brian Pawl

Our goals are to close on our first almost brrr.

Take down our first flip for capital.

Then roll that capital into another full brrr.

The almost brrr consists of our lender lending the purchase and rehab depending on our appraisal. We had the appraisal done as if the remodel was already done and hit our ARV number of 105k. Now we are on to title and hopefully close in a couple weeks. Then rehab and tenants by 4 months.

Hi all,

I have been in the research phase for the past year and am ready to make 2019 the year I jump in.  My goals are as follows:

1. Continue to network and grow contacts in my local market
2. Attend local Meetups 
3. Become a more active member of the BP community
4. Buy 3 cash flow positive multi-family rentals.  

This is the first time I have written down these goals and it feels awesome.  Thanks for starting this thread @Brian Pawl Now I just need to do the work to get them done!

@Brian Pawl

My partner and I did a combined 67 wholesale deals last year. We’ve added some people to the team and going to double are marketing. Looking to assign 120 contracts this year! Very scalable business model once you get it figured out. Wish all the best, let’s crush 2019!!

@Brian Pawl

Great idea for a thread.

My first is to to increase my customer base for electrical contracting and consulting.

My second goal is to begin investing in performing notes and then move after certain experience based milestones are met, move into non-performing notes in foreclosure states with the quickest legal processes.

My third goal is to spend more time in the OBX, Charlotte and Pinehurst areas of North Carolina since the vast majority of my family lives there.

I’m a union electrician by day in Jersey City and working for a great contractor, so I will continue using that income to invest in myself and my business.

Thank you for starting this thread, it’s a gem.