All Forum Posts by: Caleb Brown

Nice job! Stinks you had a bad experience with the professionals. 

Hard money or private money lenders? You need to crunch rehab and go conservative, include holding costs, conservative ARV, and leave room for error. Go from there to figure out if the deal is worth it.

I would advise to house hack a 4plex to learn the basics and it's so cheap to start. Then scale up to multi after you have your feet wet. After the house hack it's up to you, you can.... purchase a multi by yourself with your funds, partner on a deal, go into a syndication, etc

As others said do your number crunching off disclosures, pictures, and what the listing agent says. Also when I work with investors wanting to offer I always ask if they have offers if so are they above list. No point in offering a low ball one or a weak offer if they have many offers above list. Usually in C/B/A areas they'll be a lot of interest so if you go weak you'll lose 9/10. As an agent we many clients and don't have time to show 30 houses for no accepted deals. I wouldn't show a house unless we had it under contract or had a good feeling of getting it on the investment side. Best of luck!

I became licensed at 18 right out of high school, I have been doing it for 2.5 years. I joined a team to help learn, have support, and guidance. If you are 18 and have no clue what to do I highly recommend a team for help. After you get your feet wet after 2-3 years you can go on your own. Tips to help is find what niche you love, for me it was investing and working with OOS clients. Another tip is have a consistent schedule so you are doing everything you need to. When you work with investors it's about generating good deals on or off market. When you are an agent you need to be honest, detailed, educated, and well spoken so clients see past your age. Always be learning and best of luck. Beauty of Real Estate is it's all up to the hard work you put in. 

If you do look in KC, let me know

FB, Bigger Pockets, local agents

There is portfolios out there that size. Not super common but you just need to connect to find them. One example is I was cold calling and an investor had 10 duplexes and 68 SFH he wanted to dump out of his portfolio, he wanted to focus on only large multi. Just need to connect with people and see what happens. You'd be surprised the opportunities that come up when you focus on finding them

Wooo! Congrats  on taking plunge. 

Be thorough, observe the big ticket items, look at the neighbors and neighborhood, if you can bring a GC then do that, and ask questions