All Forum Posts by: Ken Breeze

@Aisha S. Keep your job to continue to support yourself as you learn everything here on BP or get an RE job in a PM or acquisition company and learn everything here on BP ;-)

@Moisey Meyer Welcome to the club. Look into multifamily or storage ;-)

@Renzo Tunjar define "no-brainer" and location always matters.

Hey @Chad B.

Welcome to the Bigger Pockets tribe! 

I highly recommend using the awesome tools provided here on BP.

A few more tips to get started:

• Find and connect with other BP members that are in your area.
• Set up keyword alerts to be notified of the topics that interest you.
• Read Beginner’s Guide.
• Check out BP Podcasts.
• Find upcoming real estate events and meetups near you.

If you'd like to tag someone in the conversation, type @ followed by their name and then select the name of that person that appears below the comments box. They will be notified of being tagged so that they can jump back into the conversation. Make sure you introduce yourself to a few people every week to grow your network.

Send me a PM should you ever get interested in mid- to large size multifamily apartment investing. I'm always looking for new partners in various metropolitan areas to grow our portfolio together.

Happy house hunting! Ken ;-)

What doesn't kill you makes you tougher. Look at it as an exercise or as a game. Don't take it too seriously. You're "playing" to get to the next "level". Leave your emotions and ego outside once you pick up that phone. Don't take anything personally, their life is obviously currently worse than yours. "Kill" them with kindness. Ask questions, let them rant, ask another question, direct and lead the conversation this way. Never "be right", explain or tell them how it's done. Don't feed the trolls as we say in gaming. Be their problem solver and solution provider. Practice and learn when to cross them off your list, or let them go mid-sentence. 

Try this for kicks and giggles while they're ranting: Mr./Mrs Mean Ranter, I really love you too. Have a good life. "Click" - hang up and smile ;-) Now breathe and do another call.

Are you looking for motivated, qualified and up-to-date “For Sale By Owner” leads in Arizona? We have just that.

We generate and filter thousands of leads every month. Since our buying criteria leaves 99% of these valuable leads on the table, we didn't want to just chuck them into the bin. My team and I didn't want our work to go to waste, so we came to the conclusion to repurpose the remaining FSBO leads lists we generate in a shop system for businesses like yours that offer products and services in the real estate space. Be it homeowners, sellers or people moving - they all need you in this moment of their journey.

If you do wholesaling, seller financing, flipping, are a contractor, realtor, appraiser, home-inspector, mortgage broker, attorney, painter, house-, carpet- or window-cleaner, dentist, doctor or chiropractor these leads are for you. Why? Because these homeowners are moving and ready for your products and services.

Head on over to our landing page, and get 50 FREE FSBO leads just for signing up and helping us spread the news. Another 50 FREE leads if you tell us how to improve our service to you so we can work saving you hours and days of your valuable time; by gaining access to a ready-to-use list so you can focus on converting leads into new customers and closing more deals.

Cheers, Ken

Are you looking for motivated, qualified and up-to-date “For Sale By Owner” leads? We have just that.

We generate and filter thousands of leads every month. Since our buying criteria leaves 99% of these valuable leads on the table, we didn't want to just chuck them into the bin. My team and I didn't want our work to go to waste, so we came to the conclusion to repurpose the remaining FSBO leads lists we generate in a shop system for businesses like yours that offer products and services in the real estate space. Be it homeowners, sellers or people moving - they all need you in this moment of their journey.

If you do wholesaling, seller financing, flipping, are a contractor, realtor, appraiser, home-inspector, mortgage broker, attorney, painter, house-, carpet- or window-cleaner, dentist, doctor or chiropractor these leads are for you. Why? Because these homeowners are moving and ready for your products and services.

Head on over to our landing page, and get 50 FREE FSBO leads just for signing up and helping us spread the news. Another 50 FREE leads if you tell us how to improve our service to you so we can work saving you hours and days of your valuable time; by gaining access to a ready-to-use list so you can focus on converting leads into new customers and closing more deals.

Cheers, Ken

The app is cute but hasn’t seen a major update in years. There’s pretty much everything missing and wrong with it. I’ll write up an extensive list if they give me one year free pro status ;-)

Share your calculator in the forum to get better feedback. Never count on appreciation. Always focus on cash flow. Remember that when you purchase the taxes will go up. Get rent comps no matter what. Without, your flying in the dark. Call property managers, other landlords, realtors, whatever it takes. You’re looking for at least 10% rent income per year of purchase price. I always make a first “ridiculous” offer of 75% of asking price to test the waters and stay unattached. If it’s a declining market don’t invest. Look elsewhere. Check the Census Bureau and other websites for demographics, job growth and other projections in your particular area. It’s not only normal to ask, you must get that information (rent roll, T12, P&L, CapEx and whatever else helps paint a solid financial picture) in order to make an educated underwriting and offer. If they don’t, walk away. Seller financing might be another option. But always focus on cashflow. All else is gravy.

That’s an open question you’ll most probably get many different answers to. No matter what strategy you choose, if you have school or a job, it’s going to take you at least a year, probably longer. But that’s totally okay. Anyone who tells you otherwise, is lying or smoking something. Now read, ask and learn everything about private- and hard money lending First to prevent your cash from evaporating. Then when you understand how, kend your money at whatever the going hard money rate is for whatever time you need to learn everything about multifamily real estate investing. If you can, “house hack” a four-plex so that your rent is “free”. For this you might need your money back for a down payment. But there other strategies to avoid that. As you learn all about MF investing, find a commercial MF (loopnet, brokers, property managers, off-market, owners) to learn and practice how to underwrite (start with the BRRRR tool here on BP) and parallel to all that, find a mentor/accountability coach (me) to partner (me) with, network for investors everywhere you can to acquire your first 65+ unit deal. Sound cool?!? ;-) “Dig your well before you’re thirsty.” Repeat. 10x.