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All Forum Posts by: Bryan Williamson

Bryan Williamson has started 17 posts and replied 105 times.

What's it about ? I really would like a development podcast !

Post: How to turn Double into two Condos

Bryan WilliamsonPosted
  • Investor
  • Columbus, OH
  • Posts 108
  • Votes 25
Just wondering if someone has done it before and could give me a step by step process. We are in contract on a Duplex in a A+- neighborhood so the potential is there.

Post: old wall paper, paint over or remove?

Bryan WilliamsonPosted
  • Investor
  • Columbus, OH
  • Posts 108
  • Votes 25
If its to tough to get off scrap off what is loose then apply 2 coats of polyurethane then mud and sand it smooth Or Simple hot water and vinegar to remove
If I could quote people from the app I would have said what Jason krick said but it doesn't let you. Sooooo..

Post: Getting Busted in Ohio for Wholesaling and Praticing RE without a License

Bryan WilliamsonPosted
  • Investor
  • Columbus, OH
  • Posts 108
  • Votes 25
Originally posted by @Brent Coombs:

@Bryan WilliamsonThe point isn't whether or not you have a License when you are buying or selling property, it's if you DO have a License, the other parties to the transaction MUST BE INFORMED of the range of your intentions AND your market knowledge when you are trying to negotiate a sale price (@Ned Careymight be inferring some tempted not to - or how can they prove they are, when they ARE expecting to profit on the deal)?

My point was more toward if you start out with stating your intentions as you should regarless of licensure you need not worry. It's almost trivial but its just like keeping your cards above the table in poker.  

Post: Recommendations for the newbie

Bryan WilliamsonPosted
  • Investor
  • Columbus, OH
  • Posts 108
  • Votes 25

then milk it for all its worth! This is obviously not on the topic but it goes hand in hand. Student loans are the worse.  However your income really isn't the biggest factor in getting started. Brandon turner has lots of great low and no money down strategies he has written about. You have to explore all the  strategies that best suits your personality and your future goals.

Post: Recommendations for the newbie

Bryan WilliamsonPosted
  • Investor
  • Columbus, OH
  • Posts 108
  • Votes 25
@mark andrew I think buying a small multifamily is the best way to go but do not get a car loan and if you can drop out of school and pay cash unless you already are but it doesn't sound like it. One of the biggest hurdles to getting financing is other debt. It looks way better to the bank if you are a college drop out with no debt vs. a graduate with a mountain of bills assuming you have income if not they won't lend to you in either circumstances. Plus you don't need a college degree to be an investor. Do not get a car loan. Get the nicest one you can pay cash for. I did none of those things but if I had I'd be way further along than I am.