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All Forum Posts by: Drew Bell

Drew Bell has started 6 posts and replied 24 times.

Post: Coffee with Investors in Delray Beach, FL on January 20th

Drew BellPosted
  • Coral Springs, FL
  • Posts 24
  • Votes 7

Great meeting! Can't wait for the next one. 

Post: Coffee with Investors in Delray Beach, FL on December 16th

Drew BellPosted
  • Coral Springs, FL
  • Posts 24
  • Votes 7

Won't be able to make this one as I'll be traveling for the holidays unfortunately! Will there be another one in January?

Post: Wholesaling in South Florida

Drew BellPosted
  • Coral Springs, FL
  • Posts 24
  • Votes 7

@John Thedford Lol I'm sorry man but I'm not reading through the arrest records when I see drug related offenses while I'm looking to gain connections from local wholesalers. I've done the research and talked with other professionals in the industry. I know how to do this legally while helping people get out of their financial situation. Thank you for your input though. 

Post: Wholesaling in South Florida

Drew BellPosted
  • Coral Springs, FL
  • Posts 24
  • Votes 7

Thanks @John Thedford!

@Justin Browne Thank for your input! I just sent you a message!

Post: Wholesaling in South Florida

Drew BellPosted
  • Coral Springs, FL
  • Posts 24
  • Votes 7

Hello Guys! 

So... writing this as I am in the BP Webinar and Brandon just answered my question "How do I get started in Wholesailing?"

Part of his answer was to ask a wholesaler... So here I am asking! ...

Is there an wholesaler out there that I can meet with and gain some knowledge from??  I am ready to start now! I've already put some bandit signs out, flyers at libraries/unemployment offices, and posted craigslist ads, but only a few buyers have called... which is great! But no sellers.

I will be operating under my own LLC and my goal is to start wholesaling to generate enough capital in order to buy and hold multi-families and fix & flip single families by June 2018

I am currently working with a RE Agent out of West Palm Beach, which he has the Cash Buyers/Investors... 

I live in Coral Springs, FL which is a pretty central location between Broward County and Palm Beach County.

Once again, I would love to meet with anybody thats willing to share some knowledge and give some feed back on my strategy

Thanks! 

Drew

Post: What can be done with vacant land??

Drew BellPosted
  • Coral Springs, FL
  • Posts 24
  • Votes 7

@Andrew Glenn @Thomas S. They are actually land lots for homes. So no farming can be done unfortunately

Post: What can be done with vacant land??

Drew BellPosted
  • Coral Springs, FL
  • Posts 24
  • Votes 7

A friend of mine is receiving a few acres of land from family... What can he do with vacant land? I know its all about location... but they're in the middle of no where lol

Post: Considering buying a Triplex or a 4-plex unit

Drew BellPosted
  • Coral Springs, FL
  • Posts 24
  • Votes 7

Thank you @Matthew Moore ! I've heard about it and thats what has me thinking of doing this 

Post: Considering buying a Triplex or a 4-plex unit

Drew BellPosted
  • Coral Springs, FL
  • Posts 24
  • Votes 7

Hello all! 

So.. I am bit new to RE investing. My lease is up in May 2018 and I am considering purchasing my first property because I hate paying rent every month and not seeing a return. Since I have never owned a home, I am hoping to apply for a first time home owner mortgage and purchase a triplex or 4 unit building and reside in one unit, while renting out the others. Maybe live there for 2-3 years then move again once I see a great return on it. 

Do you all think this is a good idea? 

Post: Masters in real estate development ?

Drew BellPosted
  • Coral Springs, FL
  • Posts 24
  • Votes 7
Originally posted by @Edward B.:

It always interests me that people slam the gurus around here and don't blink at going for a college degree. Many of those people have spent tens of thousands or even hundreds of thousands on a degree that they don't and never will use.

@Drew Bell, I agree with @Lauren Page. Run the numbers and make sure it makes sense. If you just wanted to invest in real estate I would say don't bother. If you want to work for a company that does the things you mentioned then 1) make sure the degree is something that will more likely get you hired and/or paid more and 2) make sure that the benefit is worth the cost in time and money.

For what it's worth, the MBA probably would hold more weight if you decided to do something else or just in general. As would a degree from UM. I do not know about Nova, but I do know that UM is not cheap.

 Thank you for the great post Edward! Greatly appreciated. I have noticed that UM is a LOT more expensive, so I am currently reviewing the FIU program; which is cheaper then both Nova and UM. 

I got a Bachelors in Marketing and I've been in sales for a number of years now, selling products and services that I'm not fully invested in. Unfortunately, I have gotten stuck in the pattern. SO...I do believe that a Masters in RED is the way to go.