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All Forum Posts by: Caleb Brown

Caleb Brown has started 8 posts and replied 3416 times.

Post: Facebook Disabled Need Help

Caleb Brown
#2 Buying & Selling Real Estate Contributor
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,523
  • Votes 2,523

There's no getting it back. FB has no customer support. I use FB to sell a lot of items for a business and when I've had account issues I've had to make a new one

Post: What’s the best toe to dip into the real estate investing market?

Caleb Brown
#2 Buying & Selling Real Estate Contributor
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,523
  • Votes 2,523

I agree with @Jaron Walling.  It's a great strategy! I did a live in flip and have equity to get going. It's not fun but better then going full force on a fix and flip. You can do 5-10% down conventional. You can also house hack a 2-4 unit. 

Post: Risky partnership or good way to get in the door?

Caleb Brown
#2 Buying & Selling Real Estate Contributor
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,523
  • Votes 2,523

If you guys are going to partner I would establish a LLC, operating agreement and the roles each will have. That LLC will have the properties in their names. You can do DSCR loans and hard money lends to purchase property. Make sure to get down to the gritty and verify he is legit. Also make sure you guys are compatible but this can be a great way to get you going.

Post: Thinking of selling multi unit

Caleb Brown
#2 Buying & Selling Real Estate Contributor
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,523
  • Votes 2,523
Quote from @Louie Ortiz:

Thanks Caleb, is there any way to promote it to the Bigger Pockets community or other investor groups?


 There is a section to post the deal for BP

Post: Sell or rent my home with little equity

Caleb Brown
#2 Buying & Selling Real Estate Contributor
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,523
  • Votes 2,523
Quote from @Matthew Lewis:
Quote from @Caleb Brown:

I would sell. TX has been moving slower, it's not the red hot market compared to previous years. What is your agent telling you? Are the photos good? Is it priced right? 

The photos are good but we may be stilled priced high. Other homes have now dropped in price to under 300k. We are thinking of doing the same.



 I would price it where others are at. If it's high you won't sell or it'll take forever. If you rent then don't plan to sell while rented, it won't sell and that'll further complicate selling. Renting would be if you plan to hold for a few years but being negative $650 is not attractive. Be aggressive and get it sold. 

Post: Sell or rent my home with little equity

Caleb Brown
#2 Buying & Selling Real Estate Contributor
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,523
  • Votes 2,523

I would sell. TX has been moving slower, it's not the red hot market compared to previous years. What is your agent telling you? Are the photos good? Is it priced right? 

Post: Is St. Louis a good area to invest in?

Caleb Brown
#2 Buying & Selling Real Estate Contributor
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,523
  • Votes 2,523

STL is a very active market. You have experience there so you know the area is hit or miss, stay away from the rough areas. Just keep analyzing deals and putting in offers. 

Post: Ale Ayestaran intro as BiggerPockets new CEO

Caleb Brown
#2 Buying & Selling Real Estate Contributor
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,523
  • Votes 2,523

Good to meet you!

Post: Thinking of selling multi unit

Caleb Brown
#2 Buying & Selling Real Estate Contributor
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,523
  • Votes 2,523

I see your an agent so I assume you'll throw on the MLS? That will syndicate to sites like Zillow, etc. You can throw on Craigslist & Facebook Marketplace. You can also throw on local FB groups, in my area there is a few active ones that can generate interest. Other then that you can hit up local owners who own in the area(cold calling) and see if they are interested. This takes time but if you wanted to move it ASAP it would be a way to do it.

Post: Pay off car loan or house hack?

Caleb Brown
#2 Buying & Selling Real Estate Contributor
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,523
  • Votes 2,523

Others gave great thoughts. I would work on getting rid of the car. When you own a property there is expenses and things that can come up. Having consumer debt on top makes it tough to save and get ahead. 6% is not a terrible rate but if you can bust your butt I would focus on getting that gone then saving up.