All Forum Posts by: Matt DuSold

It's is my number 2 pick as of right now. A lot of good real estate out there? My goal is to rent and pay the homes off by wholesaling and lease options with other homes.

A good answer might sway my decision... :D

My mom isn't THAT bad. I'm choosing where to go. As of now I will either end up in Chicago(home), Flagstaff, Chattanooga or Charlotte area.

Hey Steven! Welcome to BiggerPockets. I am also new and trying to learn as much as possible. Right now I am learning about Subject-to and Lease options. This avoids the banks and you try to use as little of your own money as possible, which sound right up your alley.

You can search "subject-to" or "sub-to" in the top right of the sight to find MANY posts about the strategy. I am reading Wendy Patton's book as well "lease options and subject-to deals" I would recommend to pick it up. Should run you about $15-20. Good Luck!

Unfortunately Michael it has NOTHING to do with REI. My mother is pretty much forcing me to go (I guess I could always just not) and my dad doesn't mind either way.

The way I am looking at it is I will have 3 (maybe 4) years to get a foundation under my feet with REI and I will not need to worry about living off of it. When I get out of grad school and if I can't fully be REI full time I will have a great job. If I can get out full time REI, then, Heck yes! I told my dad thats what I want to do and he said he doesn't care what I do as long as I am happy, which is why he doesn't care if I go or not.

If you would like to start a BP petition telling my parents just to give me the money they would spend on me for school to apply to REI I would love it... :lol:

Wendy Patton's Lease Option and Subject-to book. It's a great one!

My main goal(one of them I guess) is to be able to goto grad school and have a good foundation set. That way when I graduate, in 3 possibly 4 years, I will be able to do real estate full time which then will hopefully be about 40-50 hours a week. As the days go by I really can't see myself doing anything but real estate.

Haha, Well they aren't even chem. majors they are Hotel and Restaurant management majors. But I'll let you know when I get to a seven figure annual income! haha.

Jaggin around playing playstation or studying for school. Not that studying is bad but my little 20 dollar book on real estate will probably make me more money than their 300 dollar chemistry book... :mrgreen:

I do get a lot of "oh gods" and what not they all think I am nuts so I just let them think it.

I agree, I have found it good for just about nothing. Like Michael said I think they are slow at updating the data but at times it is so bad I almost feel as if it's made up...

I really like this thread I hope more people post in this. I think many of the newbies (like myself) would find a lot of information out here like is it really a 40 hour job or can it be done in 20?

I know it is a business so you can't sit at a computer for an hour and then go out for an hour to start up your business. I feel many of us know of all the hard work it will take to get off the ground but don't know what life is really like 10 years down the road when everything is in place.

I do know the guru life of sitting in St. Lucia drinking beer everyday while my money piles up... but I would like to know what more people really do. Out of everything I have learned from BP one of the top ones would have to be, forget all the guru talk.