All Forum Posts by: Darian Berry

@John Warren Thank you John! I figured that was the case but was just a bit thrown off when he didn't put anything in those sections. 

Hi All, 

I just recently watched one of David's webinars and noticed that he doesn't put any expenses in the Fixed-Landlord Paid expenses section other than insurance. I know if you aren't putting 20% down you would have to pay PMI as well, but my question to you all is do you normally fill anything in for the other sections (Electricity, Water & Sewer, etc)? I am looking to buy my first deal in the near future and this is the part of the calculator that I have the most trouble with. Thanks in advance!

@Scott D Burrows thanks Scott!!

@Account Closed True. I hadn't really thought about a hard money lender. Thank you for the idea, I appreciate it!

@Jeremy Taggart Yeah I do agree with you. I'm just excited to jump in and it is only a matter of a couple of months difference. Thanks for the suggestion. 

Hi All,

I am currently a senior in college and will be purchasing an investment property upon graduation. I have already secured a FT job that I will be starting in June, and I will be graduating in May. I have talked with a lender and have been pre-approved, but since my job that I have accepted is contingent upon me graduating, my lender said that I cannot close until after graduation(I could go under contract before Grad and close after, but I am looking to still close sooner).  I would like to get started ASAP and be settled in before I start my job. I am able to afford the mortgage comfortably for a couple of months before I start my job.

Does anyone have advice on how I could possibly make this work? 

Thanks so much!

Hi Danielle!

I worked as a full-time agent over the summer before heading back to school for my senior year. Some things that I found helpful were the following:

- Make it a habit to be in your real estate office everyday, especially in the morning . This way you can get ahead of the day instead of letting the day control you. You may also receive some walk-ins doing this depending on your location. 

- Find the top agent in your office or area and take them out to lunch and have some questions prepared for them to find out some of the things that work/ don't work in your market with regards to marketing. This also shows that you are willing to learn. I did this and actually received some business from this relator later on in the summer, as she became too busy for some of the smaller deals. 

- As Anne state above, attend open houses so that you know the inventory in the market. Also, hosting open houses can bring you some potential sellers/buyers. 

- Study the forms, as a newer agent it is imperative to know all forms in and out so that they trust you. 

- Lastly, do not give up. It can be slow at first, but it is worth it!! 

Let me know if you have any other questions! I would be happy to help with anything that I can.

Hello,

I pulled the tax card for a property that I am interested in and was wondering if I should take any of the information on the tax card into consideration such as the total appraised value ( I know this is a different value than what an appraiser would appraise the value at after a P + S is signed), or other information. 

Does anyone here ever take the tax card into consideration, and if so, what items?

Thanks!

1. Book on Rental Property Investing, Rich Dad Poor Dad

2. Crushing It! By Gary Vee

3. Playing basketball and learning anything that I can about real estate/business. 

4. Haven't gotten started, but have one year left of college and will be looking to buy a multi-family that I can live in and rent out the other unit(s). I am just going to jump in and not let my fear keep me from investing.

Hi BP,

I am a new user to this site. I am currently 20 years old and a rising Junior in college. I have been interested in investing in real estate for a while, and have just come across Bigger Pockets. Does anyone have any advice that could help me get started/jumpstart my real estate investing career while still in college? Any help would be greatly appreciated.

Thank you!!

Darian Berry