All Forum Posts by: Hamp Lee III
Hamp Lee III has started 11 posts and replied 1204 times.
Post: BRRRR INVEST ACADEMY (NATE BARGER)
- Real Estate Agent
- San Antonio, TX
- Posts 1,323
- Votes 824
Quote from @Tony Bozzi:
Quote from @Howard Scarrott:
I have been a member of the BRRRR Invest Academy since the beginning.
Nate Barger is the real deal for sure. This is unlike any other course or group out there and I have been in several. It is NOT a 'pay your money, here's your course and see you later' situation.
This is a group of likeminded individuals that are all working towards the same goal and are happy to help each other grow and make it too. Nate is routinely active in the chats answering questions and adding content. He just hosted a get-together - a Family Reunion - where we took a deep dive into various aspects of BRRRR, how to source deals and a look at how he is rehabbing the hotel we were at that he owns. He has opened his doors up to us before to his personal house and cares about people actually making it.
I got my first BRRRR property completed last year as a direct result of me being in the Academy. Highly recommend it!!
I'm actually about to sit in on a call with the BIA to talk about the program. I'm headed to St Augustine/Jax area in about 3 weeks after my military retirement. How is the local BIA presence? Do you all have any in-person meet ups?
-Tony
Congrats to you on your retirement! 🎉🫡
I wish you all the best as you start a new chapter!
Post: Looking to buy my first house in the Austin TX area!
- Real Estate Agent
- San Antonio, TX
- Posts 1,323
- Votes 824
I’ll also connect you with @Joel Allen. He's a mortgage loan originator and can break down the FHA loan and how it might work for you.
I wish you all the best as you start your investing journey.
Post: Structuring a Seller Financed Deal that's too good to pass up
- Real Estate Agent
- San Antonio, TX
- Posts 1,323
- Votes 824
If you don’t mind moving again, I would go with Option A. You have an opportunity to generate from your current and future home. That sounds like a win!
Either way, you have a good “problem.” 😉
Congrats!
Post: Newbie here 👋
- Real Estate Agent
- San Antonio, TX
- Posts 1,323
- Votes 824
Quote from @Anna Piruzyan:
Quote from @Hamp Lee III:
Welcome to BiggerPockets!
1. Study, Study, Study. Train, Train, Train. You’ll soon discover that the information you’re studying to pass your real estate exam doesn't even scratch the surface of all you need to learn to be a good real estate agent. So, I would recommend continuing your brokerage training (if they have one), reading books, watching videos, and listening to podcasts. There are a couple of great books in the BP bookstore on being an agent.
2. Select a niche. There's so much we can do as real estate agents. If you don't select a niche, you'll spin around in circles trying to do a little of everything and not mastering anything. I suggest starting with what you're already doing. I'm an active duty member who invests. I’m a third-generation real estate investor. I want to help families build their financial legacies through real estate. This has been working very well for me, so really spend time honing your niche.
3. Provide value to others. Posting on BP and sharing real estate information with your sphere of influence (and social media) is a great way to get started. It lets others know you're a real estate agent, and you know what you're talking about. It's a great way to build trust. Farming your local subdivision with monthly newsletters can also do this, depending on your niche. Believe me, people will reach out to you.
5. Identify the needs of your SOI. Your SOI may have specific needs. Many of the people in my SOI want to use their VA loan a second time or start investing. So, I adjust my messages to focus on those areas. Your SOI is unique, but when you provide value to them, you might see an even greater return.
I hope this helps.
I wish you all the best.
Thank you for your time and advice 🙏 I am a hard worker and love to learn but I sometimes find myself discouraged because of getting tired of searching for answers to my questions I do hope to get value from BP as well, of course after doing my part 😊 good luck to all of us
Post: Newbie in the field
- Real Estate Agent
- San Antonio, TX
- Posts 1,323
- Votes 824
Welcome to BiggerPockets!
Also check out:
1️⃣ The BP ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf
2️⃣ Read Think and Grow Rich by Napoleon Hill
I wish you all the best on your investing journey.
Post: Newbie here 👋
- Real Estate Agent
- San Antonio, TX
- Posts 1,323
- Votes 824
Welcome to BiggerPockets!
1. Study, Study, Study. Train, Train, Train. You’ll soon discover that the information you’re studying to pass your real estate exam doesn't even scratch the surface of all you need to learn to be a good real estate agent. So, I would recommend continuing your brokerage training (if they have one), reading books, watching videos, and listening to podcasts. There are a couple of great books in the BP bookstore on being an agent.
2. Select a niche. There's so much we can do as real estate agents. If you don't select a niche, you'll spin around in circles trying to do a little of everything and not mastering anything. I suggest starting with what you're already doing. I'm an active duty member who invests. I’m a third-generation real estate investor. I want to help families build their financial legacies through real estate. This has been working very well for me, so really spend time honing your niche.
3. Provide value to others. Posting on BP and sharing real estate information with your sphere of influence (and social media) is a great way to get started. It lets others know you're a real estate agent, and you know what you're talking about. It's a great way to build trust. Farming your local subdivision with monthly newsletters can also do this, depending on your niche. Believe me, people will reach out to you.
5. Identify the needs of your SOI. Your SOI may have specific needs. Many of the people in my SOI want to use their VA loan a second time or start investing. So, I adjust my messages to focus on those areas. Your SOI is unique, but when you provide value to them, you might see an even greater return.
I hope this helps.
I wish you all the best.
Post: Structuring a Seller Financed Deal that's too good to pass up
- Real Estate Agent
- San Antonio, TX
- Posts 1,323
- Votes 824
Congrats to you for taking action!
As you're currently looking for a primary residence, many (if not all) lenders will tell you not to make any major purchases at this time. Large purchases where you open lines of credit or obtain a new loan may reduce your credit score and increase your debt-to-income ratio, leaving you with less "house" to purchase for yourself.
I recommend completing the purchase of your primary residence, then speaking with the owner of the 4-Plex.
I wish you all the best.
Post: Fix and flip Investment in TX
- Real Estate Agent
- San Antonio, TX
- Posts 1,323
- Votes 824
Looks nice!
Can't wait to read more!
Post: New - please recommend good beginner books!!
- Real Estate Agent
- San Antonio, TX
- Posts 1,323
- Votes 824
Welcome to BiggerPockets!
You're doing amazing as parents...raising a great family!
I'm active duty Air Force as well...
Below are a couple of books I recommend:
1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf
2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...
Some of the books I recommend in the bookstore are: Rental Property Investing, Real Estate Rookie, and How to Invest in Real Estate
Also, read Rich Dad, Poor Dad by Robert Kiyosaki and Think and Grow Rich by Napoleon Hill
I hope this helps.
I wish you all the best.
Post: Looking to buy a quadplex with a FHA loan?, need advice
- Real Estate Agent
- San Antonio, TX
- Posts 1,323
- Votes 824
@Joel Allen - Thanks for the add!
@Alexander Small - You're asking all the right questions and taking action! I'm here locally, and my daughter graduated from UTSA in 2018.
I would love to jump on a call with you to discuss your options and bring your vision into greater focus. Working with Joel will help identify your spending range from the lending side of your purchase. That will give us a great foundation to start.