All Forum Posts by: Brandian Ross

Brandian Ross has started 4 posts and replied 9 times.

Originally posted by @Jeff Keller:

It's interesting the desire which many investors here have to get a real estate agent license. In most of Silicon Valley there is no more room to build more homes. Existing homes are either torn down to build higher density housing or to build luxury homes. Much of this is done by small builders. Very few of these small builders want to get a real estate license even when they like to help their agent hold homes open with the intent of getting clients who will hire them to build a new home.

If you are wanting to get real estate sales experience, you might be able to find a real estate agent who would have you help hold homes open. That would give you an opportunity to learn what is important to buyers. To flip a home you have to make it more desirable.

Thanks for the insightful information Jeff. Just one question what exactly do you mean by "hold homes open?"

0 Votes

Richmond, Virginia

I'm looking to gain some hands on experience in the field of flipping homes. I'm looking to do this for free. I'm taking classes now to obtain my RE license. If I can do a ride along with a realtor come onto a property that is being worked on whatever it may be I want to just starting to gain some type of experience as I've learned that I learn best this way. I'm passionate about learning this business and becoming a real estate investor. So I am willing to do whatever it takes to further my education outside of reading and studying the awesome articles on BP.

1 Vote

Richmond, Virginia

Originally posted by @Kristopher Hanks:

@Brandian Ross If there are people waiting on the list I would buy one property and get it through the inspection process and then see how fast it rents. If you get a good rent offer and can make positive cash flow from the section 8 voucher payments then repeat the process with property number two. Basically I'm saying test the waters with one property and see how it goes.

Thanks Kristopher. I think that makes the most sense. I've thought about that process back home in Richmond, VA but didn't know if I wanted to take a chance with a more expensive property. Thanks again.

0 Votes

Hi everyone,

I'm thinking about investing in a few properties in the New Castle, PA area. It is a low-income area and the opportunity to buy and flip is very few far and in between. So I'm thinking buy a few low investment properties and using them as section 8 properties and get the experience in property management while also making sure I have no vacancies since there are high number of people on the waiting list in this area looking for homes that qualify.

2 Votes

Hi Ron,

That is all some good info thank you.

0 Votes

Buy first property

4 Votes

Should I start with single family homes or multi family units as a first time investor?

0 Votes

Scott,

Thank you sir. If you could send me the informations for those companies it would be greatly appreciated

0 Votes

I'm looking to purchase my first flip next month and wanted to know if I should create a LLC before or after the purchase? I'm leaning towards creating one before just to be on the safe I just want to make sure I'm making the right moves.

1 Vote

All Forum Posts by: Brandian Ross

Brandian Ross has started 4 posts and replied 9 times.

Post: Gaining hands on Experience

Post: Gaining hands on Experience

Post: Section Eight Housing HUD

Post: Section Eight Housing HUD

Post: Investing in low income cities

Post: In 3 words, describe your 2017 Real Estate goals

Post: Single family or Multi Family

Post: LLC BEFORE OR AFTER MY FIRST FLIP

Post: LLC BEFORE OR AFTER MY FIRST FLIP