All Forum Posts by: Jason Carter

Contact @Mark Byers for property management. 

Pls send any pics/info you have to: [email protected] 

I'll try to find your number online. 

Congrats @Joseph Cornwell. Are all these deals in the Cincinnati area? Sorry, I just saw you answered that already. 

Welcome to BP @LaNayia White. I invest in Bham. If you find any good deals that need a cash buyer, or any great potential flips,  please send them my way. 

Congrats @Jake Thomas. Great story! 

Agree with all the posters here. Especially about wholesaling. That's an 80-100 hour week hustle when you're just starting out. And it does require some money. Personally I'd strike that off the list right now cuz if you really wanted to do that your post would have been about wholesaling and wholesaling only. 

Next I agree with @Caleb Heimsoth about saving for the down payment. If you're worried about all these factors, one way to mitigate a lot of that is to have a down payment AND some reserves saved up. Make sure you're able to comfortably buy your first rental. While you're saving pick your area and examine 100 deals on the BP calculator, walk 100 houses in the area before you buy. Focus on learning how to identify a good rental house and then buy one. Get it up and running and see if you like being a landlord. You may hate it. You're going to learn a lot and then you can start getting more creative with financing and such. 

I know you're itching to get started, but slow down and do it right in the beginning, that's my free advice. Sounds like you're about halfway there already.  

Check out the money podcast from BP for strategies on accelerating your savings. 

@Caleb Heimsoth

Hi,

We are looking for a cash investor to partner on a single family flip in the Roebuck neighborhood of Birmingham, AL. It's an off market deal we have under contract with a lot of potential. Most of the rehab was completed before our purchase, it just needs a new roof and a few interior make ready items.

We offer a 50/50 split of profits and have a proven track record flipping properties turnkey to other investors.

I can provide pics, references, and an offering memorandum as well as case studies of past projects. If you're interested, please reach out to me. Happy to discuss. We have other future deals in the pipeline as well.

Thanks,

Jason

@Matt B. I should mention I actually started by investing in my partner's flips and liked the model so much I began building a team of my own and we work together to get them rehabbed and sold. 

Hey @Matt B.. I put together some in Birmingham AL. My business partner puts them together in Memphis and Cleveland. We have teams in each location. We start by building a team in each city. I'll DM you details. 

Yeah, I'd stop putting money into your house. Put that extra money to work. And besides, appreciation in San Diego will probably serve you well. Why rush to pay off your house? 

One thing I've been doing to increase capital, and make more money than any bank is going to pay, is invest in out of state flips. You're in first position on the house with multiple exit options, it's a great deal IMO. Happy to share more details with you.