All Forum Posts by: Caleb Brown
Caleb Brown has started 2 posts and replied 12 times.
Post: General questions about starting
- Wentworth, NH
- Posts 12
- Votes 0
Originally posted by @William Allen:
Welcome to BP and Pensacola. There is a great group of other investors at the PIG that @JPaul Mills mentioned. You will learn a lot and get connected with some people in the local area who are actively investing. What I would recommend at this point is to continue to educate yourself and figure out what it is you want to do and how you can add value. Ideally, you can help out another investor who can show you the ropes and you can help him in some way. Read some books and stay active on the forum, look forward to seeing you at the REIA. Good luck!
Awesome! That definitely sounds like a very good way to get started! Thanks for help! Hopefully I will be able to meet you soon at the REIA!
Post: General questions about starting
- Wentworth, NH
- Posts 12
- Votes 0
Originally posted by @Victor Menasce:
@Caleb Brown The marketplace is filled with opportunity and land mines. My advice is to figure out who is successful and trust-worthy to learn from, and go work with them (as an employee) for a period of time. This will accelerate your learning without putting any capital at risk.
Business is a team sport. This exposure will give you an idea about the different roles required to conduct the business. Real Estate investing is a business like any other. It's success depends on the quality of the team. A good deal, badly managed is no deal. So it always comes down to the quality of the team you're working with.
There are lots of people out there looking to take advantage of rookies and profit from their inexperience. No trying to scare you. It's just reality. I love investing in real estate, and it's what I do each and every day in multiple cities across the country.
Probably a different answer than you were expecting. Hope that helps.
Thanks for the help! And no, any help is great help at this point! As I said, with basically no real estate experience, any advice or tips people can give me is awesome. I will certainly keep yours in mind as I move forward. Thanks again!
Post: General questions about starting
- Wentworth, NH
- Posts 12
- Votes 0
Originally posted by @JPaul Mills:
cool man I look forward to meeting you bro
Thanks! I will certainly get in touch around that time, and get connected as quickly as possible
Post: General questions about starting
- Wentworth, NH
- Posts 12
- Votes 0
Originally posted by @JPaul Mills:
Welcome to BP and to Pensacola. If your looking for a great REIA come join us at the Pendacola PIG group. We meet the 2nd Tuesday of the month at the Pensacola Bay Center @6:30. So July 13th we will be there. I'd like to meet you there and if you are looking for other like minded people then please come see what we are about. I'm a local wholesaler in the area and I have met and done deals with many people in the REIA
Awesome, thanks! I will be there the beginning of September. So hopefully I could come shortly after classes start. Maybe mid to end of September!
Post: General questions about starting
- Wentworth, NH
- Posts 12
- Votes 0
Hello everyone! This is only my second post! I love to read as many posts I can, but never get the chance to post myself. But, here I am. I would just like to know what are the MOST important things to get in place before starting real estate, and how? I will be in college in Pensacola, Florida in about two months, with plans on getting involved in REIA's, getting to know people, etc. I know that is one big thing is getting my name out there, talking to people, etc. But other then things like REIA's, im not exactly sure what to do, or how to do it. Im not the type to just "wing it" and buy a place and figure it out as I go. So I just would like to know what exactly I need to get in place before I buy. Certain types of contacts, tools, time frame planning? Any ideas from experience: new or old, would be absolutely great! With no prior experience in real estate, and nobody close to take me under their wing, I have turned to the forums to get involved! Thanks everyone!
Alright! Well I will certainly see how everything goes. Keep doing my research. Hopefully I will start getting more active on BP, so at some point you'll maybe see what I do! @Aaron C.
@aaronc
Wow, thanks for the help! That certainly makes sense! So I'll have around 12k this year (freshman year starting this coming September) are you thinking I should try to start right off this year but I get a foreclosure, as opposed to waiting a year to have more money in the bank? I know many people have many different routes, but it seems like the overall idea, in my situation seems to be the same. Thanks so much for the help again!
@Lisatroxel
That makes sense! So basically what you are saying is if I am living at the place, they will he treating it as a private house, not a real estate investment? And this can be done (please, correct me if I am wrong) up to the size of a quadplex, right?
@josiahmosley
Yeah! That makes sense. I think that would be awesome to graduate with a place ready to move into, with (essentially) no costs for living there. Thanks for the help!
OK! That makes sense! Thanks for the tip!