All Forum Posts by: Dalton Foote

I have been around some very successful people. Im talking people with 100m plus networths... One thing I have encountered first hand and also see on biggerpockets and other meetups is the lack of giving. Let me clarify... 

The most successful people in the world COLLABORATE and look for ways to grow TOGETHER. Ever heard of the saying "Your network is your networth?". I mean isn't this the point in sites like this? The super wealthy doesn't where they are without others helping them and without others also getting wealthy. What I see too much is people that want to take take take and never give. Far too often individuals will brush someone off because they can't be of immediate help in some way. Or they take advantage of someone helping them out and doing them a favor to only ghost them after or never repay that favor. 

I am who I am. If anyone ever needs help or advice in any way I give. I do not expect anything in return from the society we live in these days. I am a servant type of person. I believe the more you give the more you receive. However I have seen too many times how selfish and arrogant people can be going through life taking advantage of everyone they come into contact with. Thinking they are superior or want to try to keep 100% of the pie for themselves. I am telling you right now that is not the mindset of the ultra elite. Everyone around them rise as well. Why do you think Dubai is such a sought out place for the wealthy right now? They all collaborate and make money together there... There isn't selfishness or people out to "get you" or take advantage of you. It's just a bunch of likeminded people that want to all get rich together. 

Moral of the story? Give people the time of day. Quit taking and being leaches to people. Start giving. You will grow 10X quicker with partners and collaborations than you ever will by yourself. 

Not the most professional put together post but these are raw thoughts coming from someone with a decent amount of experience in both start ups/the business world, as well as the real estate world. I have gave so much in this industry to rarely ever get anything in return. And that's okay. But I see someone make a post for advice or help and hardly anyone will actually help or reply or collaborate. I've seen posts saying I have X amount of money and ready to buy and suddenly the inboxes get flooded by leaches... I've personally done this before HA! 

There's a quote that recently went viral from an engineering student saying "If I want an answer to a super hard engineering question I post the wrong answer on reddit. People don't care about helping but they are quick to tell you that you are wrong and correct you.". That quote couldn't be more true. Its sadly the culture that has been bred here in the US. Don't be that person. You will get much further in both life and In real estate by building connections and helping eachother instead of being selfish. Anyways, rant over. Off topic but needs to be said. Especially with the posts I've seen in here lately. Provide value. 

@Tyler Gibson Sounds great! I will definitely reach out when I'm down there. I sent you a connection request. Thanks! 

@Jr Miller Sounds great. I'll go ahead and send you a connection and if I land in the area I'll reach out. Thanks! 

@Emily Blizzard I have heard some horror stories about the insurance side in places like Florida! I will have to reach out when the time comes to discuss in more detail as I know it is a nightmare there sometimes and have 0 knowledge in it being an "outsider". I'll go ahead and send you a connection request. Feel free to reach out if you ever need anything! 

@David Niles That sounds awesome! There are plenty of avenues when it comes to potential revenue once you get the pm company off the ground running if you do it in house such as new home onboarding renovations, turns, flips and maintenance as you eluded you are experienced in. My business partner here in Indiana was a property manager and it makes growing the construction side so much easier with guaranteed work with 0 marketing needed. Feel free to reach out if you ever need anything or would like to discuss my experience here if it helps you in any way. I'll go ahead and shoot you a connection request. 

@Gina Robertson We loved that stretch of area south of ft myers to marco island (naples was probably our favorite). Just depends where I can land a role :) That is awesome to hear. I'm not personally interested in worrying about multiple SFH rentals either and am more interested in multifamily aside from flips although the condo space seems interesting for Florida with str or even for ltr. I'll add you, feel free to reach out if you ever need anything as well! Thanks

@Matthew Rolf That is good to hear! I lived in Ft Worth for a couple of years pre covid and loved it. Not sure how much it has changed since.. Having an entrepreneur mindset I don't see myself not starting another company down in Florida to be honest however initially I'm sure I will work a W2 role starting out while I assess my next move and gain contacts in the area figuring out what that would look like. Feel free to reach out if you ever need anything or would like to connect. I just accepted your request. 

@Shawn McCormick I would be happy to hop on a call sometime to chat. I think I will work a W2 role when I first get there to see if that is something even worth getting into again down in Florida or if there is a need with pm companies and investors possibly. I think it really boils down to where I can get work since we can live anywhere in the state with her job which makes it more flexible for me to find a role initially. I'll add you now and we can chat sometime! 

@Ryan Spath Hahaha. Great advice and we are already on the same page with those things. We have visited quite a bit which makes it a little easier on knowing different areas a bit. We definitely budgeted an extra $1k a month for the first 6 months or so to get a pool with our short term rental. I will add you and reach out if I happen to land over there! Thank you for that. If you happen to ever invest in Indiana or considering it let me know and I'd be more than happy to share my contacts and knowledge of the area. It's a hot spot for OOS investors. 

Hey Everyone, 

As the title says I am relocating to Florida late next month and would love to make some connections and get advice on any meetups that may not be on BP or meetup. I posted this in Orlando but I am unsure where we will live just yet. My fiance's new job is remote but will require us to live in the state of Florida which is why we are relocating. A little blurb about me and my experience:

Years of property management and construction project management experience lead me to owning a GC company focusing on investor flips, property management turnovers and remodels in Indianapolis Indiana. After partnering with a local property manager in that business it led me to consulting another property manager in transitioning to using in house crews to handle maintenance and turnovers taking advantage of revenue potential not previously tapped into. I have done a few personal flips where I have partnered with other investors and am interested in flips as well as multi-family value add. 

Now I am relocating to Florida and seeking new opportunities and connections in the sunshine state! No clue what is in store for me but excited to meet linkeminded people and provide value wherever I can! Feel free to connect and dm me if I can be of any service :)