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All Forum Posts by: Geoffrey Murphy

Geoffrey Murphy has started 25 posts and replied 218 times.

Post: What has RE investing done for your business and your family?

Geoffrey MurphyPosted
  • Real Estate Investor
  • Hartford, CT
  • Posts 222
  • Votes 17

Hey BP friends,

With me being a young investor and just starting out in my RE career, I have so many dreams, wants and needs that I want to make happen through this business!

Does anyone feel the same?

Has this business made your dreams come true?

Has it changed your family life in a positive way?

Do you truely believe this business can make your goals come true?

Lets hear it guys & gals! :clap: :clap:

Post: Having the experience that you have now, what would you have done differently?

Geoffrey MurphyPosted
  • Real Estate Investor
  • Hartford, CT
  • Posts 222
  • Votes 17

Hey guys & gals

I know many of you guys have LOTS and LOTS of experience when it comes to this business of RE investing.

What would you guys have done differently now that you guys have gone through the ropes and learned what you guys have learned...

Can't wait to hear the responses! LOL :clap: :clap: :clap:

Post: I am 20 yearsd old, i've done my first deal but how do I set the business up?

Geoffrey MurphyPosted
  • Real Estate Investor
  • Hartford, CT
  • Posts 222
  • Votes 17

George-

I do know 21 year olds that are making specific salary. However, the only thing is I do not think any of them are interested in the RE business! but i will look into for you!

Mike,

Thanks alot for the encouragement!!!! It is so much needed at times, trust me! This has a been a topic that has been on my mind for sucha period of time because now that the first one was done i was done, I thought it was time to make sure I had a few things in place, like my own LLC (which i currently have) my own accountant, my lawyer ect...

Pretty much in a nut shell I just wanted to kno was there certain things that I need to have in place before this business of mines picks up!!!!!

P.S. If there is anyway I could be of help to you or your business, feel free to let me know!

Post: What was your best deal out of your RE career? & why?

Geoffrey MurphyPosted
  • Real Estate Investor
  • Hartford, CT
  • Posts 222
  • Votes 17

Mike B-

WOW! thats a huge profit in a short period of time! what was going through your mind? To get rid of something the next week, talk about BOOM times! LOL

Post: What was your best deal out of your RE career? & why?

Geoffrey MurphyPosted
  • Real Estate Investor
  • Hartford, CT
  • Posts 222
  • Votes 17

To all BP members,

I been reading LOTS, LOTS of info on this website, it's been a HUGE help. Especially when you guys post all of you "personal" experiences with RE. One word to describe "priceless"

ok, here goes. Out of your whole RE career, what was your Favorite/Best deal of all time that you ever did? or been apart? & why?

I know there are some great ones! =)

Post: When you got started, what was the most difficult thing to you about this business?

Geoffrey MurphyPosted
  • Real Estate Investor
  • Hartford, CT
  • Posts 222
  • Votes 17

Hey Guys,

Im just starting out in in my RE life as an investor. However, Im sure we all run into to obstacles when it comes to this business, it's just apart of life. Some days you feel a little bummed out but because you love this so much you continue to push.

As a new investor one of the most difficult things I run into is feeling confused at times. I get the feeling of not knowing what to do next?

Do any of you have that feeling when you first got started? and if so, how did you over that obstacle?

Post: I am 20 yearsd old, i've done my first deal but how do I set the business up?

Geoffrey MurphyPosted
  • Real Estate Investor
  • Hartford, CT
  • Posts 222
  • Votes 17

Hi BP friends!

I have done my first deal. It was a multi family REO. We rehab it and have been coolecting rental income nw we are in the process of our exit strategy which is to sell the property.

However, my question to all is. How do i set the business up? what do i need to do first, create a business plan? set up an LLC? Set up my team? I'm looking for some advice from you guys so please feel free to reply.

Post: How do you know you're hooked on BiggerPockets?

Geoffrey MurphyPosted
  • Real Estate Investor
  • Hartford, CT
  • Posts 222
  • Votes 17

When you can't go a day without thinking about it!

Post: What is your goals for your RE company? Everyone Welcomed

Geoffrey MurphyPosted
  • Real Estate Investor
  • Hartford, CT
  • Posts 222
  • Votes 17

What would you say is the 3 most important things you need to do when it comes to meeting your goals?

Post: Anyone really interested in construction??

Geoffrey MurphyPosted
  • Real Estate Investor
  • Hartford, CT
  • Posts 222
  • Votes 17

Rich, Bryan

does the recession have a major affect on your building business? are things moving slow or is this one of the best times?

what do you guys look for in a city or state in order foryou guys to want to build there?