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All Forum Posts by: Christian Smith

Christian Smith has started 5 posts and replied 15 times.

Post: Brand new and overwhelmed

Christian SmithPosted
  • Posts 15
  • Votes 3

Hello! I have become very interested in real estate investing but I'm stuck in the analysis paralysis phase. So many properties and so hard to know what's a good one! I think I want to house hack for my first place but multi-plexes are hard to come by. I got pre-approved for a loan and I've talked to a couple of real estate agents but still just feeling overwhelmed and kinda scared to buy my first place. Any help appreciated! 

Originally posted by @Justin Windham:

@Christian Smith

Welcome to Bigger Pockets!

This is a great place to learn and network. A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.

Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/pro

If you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/

The site has quite a few tools that can be helpful for new members. I like the search features: https://www.biggerpockets.com/search

Awesome! Thanks! 

Originally posted by @Joey Chavez:

Welcome to Bigger Pockets @Christian Smith! It truely is Epic! Flipping land is where I first began my journey so I thought I could relate. We're wholesalers of many types of properties, and one of the reasons it is so great is because we can do it from literally anywhere, we don't have to be where we are looking to buy.

With today’s technology, we’re direct mail acquisition machines all without leaving our office (or home, or wherever we happen to be that day). We pull assessor data from a direct link of the type of properties in the areas we want and send ALL the property owners an offer. (Not only out of state or tax delinquent.)

We scrub the list and then spend a tremendous amount of time on pricing, because although these offers may be a lot less than retail, they are not out of the question. We explain in our offer letter to sellers that we are serious investors, we are not agents/brokers, we pay cash, and are prepared to close in as soon as x number days. Then we wait for the motivated sellers to call us - and believe me they do. It works amazingly well, and it is how we get there first. Hope this helps ya. Feel free to message me. I'd love to help.

That's interesting! So you buy wholesale properties then find flippers looking to buy them for more than you paid?

Originally posted by @Lauren Juarez:

Welcome, @Christian Smith! What led you to BiggerPockets?

Thank you! I just kept seeing it mentioned. Mainly on reddit. r/realestateinvesting 

Hello! This place must be epic because I've been directed here from several different places! Looking forward to learning and growing here! 

I'm 31. Live in the Kansas City area. Make around 40k. Have around 7k in savings. I work in construction. I am an experienced drywall finisher. I'm mainly interested in getting into a flip or house hack and am working on saving and researching. 

 I've been researching like crazy. I'm going to be poking around this site and I'm sure there is a ton of information to be had but figured I'd introduce myself and open up an opportunity to be probed if anyone wants to ask/teach me anything. I'll keep an eye on this post!