All Forum Posts by: Darrin Carey

@Cameron Morrah
Welcome to BP, it's a great community. 

Midwest cashflow is great. I used to live in Northern CA; I never bought anything there because the cashflow just didn't make sense to me. I can refer you to a couple good PMs in this area when you're ready.

This is the place to get to know other local investors and landlords in a casual environment. We're a friendly bunch of people; come hang out with us and talk Real Estate.

There are no formal presentations and no specific topics. Ask questions, start and join conversations. Explore your own interests.

You're encouraged to bring your deals and what you're looking for.

This event occurs monthly, and is currently on the second Monday of each month.

The next meetup is 4/11/16.

RSVP for the new location in Fairborn.

We will post updates below, and we will keep the link updated. Get full event details at the link below.

Event Details - Current event info is always here.

Meetup location has changed. PM for details.

@Brian Knowles by definition, Private Lenders do not advertise. And as for the rest, what @Chris Martin said, says it all.

Is that a maintenance free property?
Let me know how the rents go. If you get 850 there, I need to raise my rents.

@Hal Cranmer You should also dig into where the other 75% for the land is coming from. I don't know any lender that will finance land at 75% LTV, and certainly not with an IRA.

You also need to dig deep into the developer's experience with similar projects, and the developer's current financials.

@Joshua Howaniec

First, take what @Bill Gulley said and learn the business correctly.

Second, recognize that @Sean Cole has nailed it. Go get a deal or two done. Then a few more.

Don't worry about building an entire business structure. In the beginning, that's an activity frequently used by people to justify (sometimes subconsciously) not doing anything yet.

There's one person I know that's been designing their business card, and website, and the perfect letter, FOR SEVEN YEARS. Still hasn't done a single deal. In the meantime, others have come along, learned how to do it, and are doing deals. 

Guess what. My "we buy houses" website is mediocre at best (ok, I admit it, it pretty much sucks). My business card took about 10 minutes to create online. My business plan is a couple of sticky notes misplaced somewhere. And yet we're buying 3-4 houses every month.

I focused on learning the business, and doing it correctly, and very personally.

Now, I have a very intimate understanding of what it takes to do the business. Now, I can make the right decisions on how I want to systematize parts of it, and make other parts better. I could never have done that as well without spending the time in the trenches.

@Ahmed Hassanain There are a couple good agents here I can get you connected with. The market here to buy properties to flip has gotten VERY competitive lately. 

Hi @Account Closed, Welcome to BP. It's a great website with a lot of great people. To get connected to more local investors, watch for our next meetup announcement in the Forums. The meetup will be in Fairborn too.

@Account Closed You should join us a the next networking meeting in Fairborn.

The price is too high for me for a flip. It looks like it could might make a good rental for someone.

Send me info on your next one in our area.