All Forum Posts by: David Banker

1) What should be included in a presentation or proposal (prior to a deal being found)?

My thoughts:

-Set of investing guidelines for each property (Cap rate, Cash flow, ROI etc on the deal) as well as the analysis for my chosen market.

-Private money lender's annualized return

-Something showing how they're protected? collateral or otherwise

-....?
2) In your experience, how should #1 change if it is friend or family versus someone less intimately connected to?

3) Best way to seek out private money lenders locally or on BP? 

@Taylor L. Really helpful information. Thank you!

I am attempting to lay out my financial path to semi-retirement (i.e. leaving my current w2 for something less time consuming/more enjoyable) within 10 years or less.

I can identify my family's spending now and what I project after semi-retirement, which I have done for the most part BUT that part of working backward and laying out milestones to achieve x number of properties or cash flow or equity, all the while maintaining a proper amount of contribution in my workplace retirement plan and other tax adv/def approaches.

I imagine i'd need a tax resource and a financial advisory resource, both of whom are knowledgeable on the notion of 1) real estate and 2) retirement planning before traditional age. Can I find a pro on BP who is an expert in both? Am I thinking about this corectly? I understand that I could also just go-go-go and build as quickly as possible, but I still feel it is wise to know what my lifestyle goals are and a logical path to getting there.

Thank you all in advance for any guidance or advice!

I am interested in out-of-state BRRRR investing. I know the ultimate package of the BRRRR book comes with a supplemental long distance e-book specific to the BRRRR strategy, so would it be redundant to also read the full book on long distance investing?

Thanks all for your feedback and have a happy Father’s Day!

@Quod L. Is it possible to make this available in the United States?

@Anthony Middleton. I am a new investor so forgive me, but what are these systems’ main functionality/purpose? Thanks!

@Jared Hottle. Thank you very much. I’d enjoy a phone call very much. I’ll pm you directly

@Dmitriy Fomichenko. Thank you very much!

Hello BP! Very excited to make this post and hopefully make some fruitful and long lasting connections. I am attempting to accelerate my learning as much as possible and I acknowledge the value of this community's experiences, good and bad. I should have enough capital in the next few months and I would jump all over the opportunity to work with and learn from an investor who has been through the ringer doing BRRRR long-distance deals. I have a good deal of analytical/strategy experience in corporate America, and would love to apply it in any way I can to help! Thanks in advance for any all advice and reach outs!!

@Nicholas L. Hi Nicholas, just curious, how would my financial situation help you provide any advice? I’m happy to provide, I just need to understand a little bit more