All Forum Posts by: Dalyn Hazell

@JM Payne This a great post! People do not talk about paid mentorships enough. I believe they can really shortcut your learning curve in real estate investing.

I am currently paying a local mentor a monthly fee, and that allows me to pick their brain 24/7, shadow any current deals they have, and have them accompany me when I’m evaluating a deal.

This monthly investment has already saved me thousands in mistakes I would have made without it. I don’t know if I’ll continue this paid mentorship forever, but it’s been definitely worth it so far.

As far as finding the right person, that’s the tricky part. They have to be willing to teach and have the time to do it. I would pick someone who is already moderately successful, but maybe not at the very top.

Best of luck to you!

@Chris James Hariski Hi Chris, I’m actually confused by your question, because a lender should not require themselves to be on the title with you. That would actually be a red flag to me. Of course, unless they were taking an equity interest in the investment, and you agreed to it, then that would be OK.

Otherwise, a lender’s job is to simply provide you with the funds needed in a timely manner to pay for the property and/or cover rehab costs.

Welcome to BP, @Jason Flores. You'll find a lot of support here on the forums.

Welcome @Brian Oberg! That's a great book. There are several military investors who can be a great source of inspiration on BP. The ones that come to mind are @David Pere and @Charlie Cameron.

Good luck in your future endeavors.

@Jeff Sullivan A good book on this is “200+ Ways to Find Bargain Properties” by Mitch Stephen. Surely you can pull out a few good ideas from that bunch.

Good luck!

@Chelsea Kline Great! So I ordered a background check from RentPrep, and it says "In Progress". Does it just take a couple days?

Hi Everyone,

My tenant's son just moved into the property with her. I have been unable to screen and process this new tenant. He is 19 years old. I have tried using Cozy to screen him, but the platform cannot verify his identity due to no credit history.

I also tried SmartMove and ran into the same issue. 

How do you do a proper background check and eviction record check on a tenant in this situation?

Thanks all.

@Justin Gottuso Deal Check! They even have an app, and it’s 100% free. in my opinion, it rivals the BP calculators in terms of simplicity and professionalism.

@Mario Cuartas Deal Check! They even have an app, and it’s 100% free. in my opinion, it rivals the BP calculators in terms of simplicity and professionalism.

@Shiloh Lundahl Very good advice. I’m curious, what was the first task that you got an assistant for?