Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Chas Phillips

Chas Phillips has started 3 posts and replied 21 times.

Post: New Member Checking In from Fort Hood, Texas

Chas PhillipsPosted
  • Wholesaler
  • Fort Hood, TX
  • Posts 25
  • Votes 4
Originally posted by @Paul Timmins:

@Chas Phillips 

Welcome. Thanks for your service. Time to build the foundation below.

Check out the Start Here page http://www.biggerpockets.com/starthere

Two Great reads, I bought both J. Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook

Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.

Consider checking out HUD homes for small multi's owner occupied gets first crack.

You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over

http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

Good luck

Paul

 Thank you Paul, I guess I really never considered the oppurtunites that lie in student housing. I will have to look into it. Also, thanks for the resources, I downloaded all of them.

Post: New Member Checking In from Fort Hood, Texas

Chas PhillipsPosted
  • Wholesaler
  • Fort Hood, TX
  • Posts 25
  • Votes 4
Originally posted by @Brandon Turner:

Hey @Chas Phillips welcome to BiggerPockets! You've definitely come to the right place to learn more about investing. If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast. They are both great at learning the fundamentals.

You may also enjoy this post, about multifamily properties: How to Buy a Small MultiFamily Property: A Step by Step Case Study

Oh - and don't forget to set up your Keyword Alerts!

See you around the site!

 I have utilized just about all of them, that is where I have gained my "years worth of knowledge in a short period of time" as quoted by me. I am excited about your webinar on the 30th, I have watched all your youtube videos and listened to a majority of the podcasts. 

Post: New Member Checking In from Fort Hood, Texas

Chas PhillipsPosted
  • Wholesaler
  • Fort Hood, TX
  • Posts 25
  • Votes 4
Originally posted by @James Wise:

@Chas Phillips 

welcome to the site.

 Thank you James.

Post: New Member Checking In from Fort Hood, Texas

Chas PhillipsPosted
  • Wholesaler
  • Fort Hood, TX
  • Posts 25
  • Votes 4
Originally posted by @Devan M.:

Welcome! You have definitely come to the right place for networking and information on REI. Best of luck!

 Thank you for the well  wishes, best of luck to you in all of your endeavors!

Post: New Member Checking In from Fort Hood, Texas

Chas PhillipsPosted
  • Wholesaler
  • Fort Hood, TX
  • Posts 25
  • Votes 4
Originally posted by @Lance Johnson:

@Chas Phillips - Welcome to the community! There are lots of great people here.

 Thanks Lance!

Post: The 7 Steps You Need to Get Started Investing In Real Estate

Chas PhillipsPosted
  • Wholesaler
  • Fort Hood, TX
  • Posts 25
  • Votes 4

Good thing I stumbled across this video, I read the beginners guide, however, it didn't resonate with me as well as a simple step by step video. Thanks Brandon!

Post: Fort Hood an Military Outpost Investing

Chas PhillipsPosted
  • Wholesaler
  • Fort Hood, TX
  • Posts 25
  • Votes 4
Originally posted by @Jeremy Davis:

yes there really is and with ft hood not going away anytime soon if you can find a really good deal on a multi unit i think you will be able to make really good money! just fallow the advice on here form the other guys where you put X% away every month for this reason or that reason and you will be fine. Also make sure if you rent to military you get all the info for the unit and what not. you know army guys always trying to get over on someone else... haha.

Yeah, I know how that goes, hopefully I can also find some like minded people in the local area to shorten my learning curve. 

Post: Fort Hood an Military Outpost Investing

Chas PhillipsPosted
  • Wholesaler
  • Fort Hood, TX
  • Posts 25
  • Votes 4

Sound Advice Jeremy, I was slightly hesitant of the area at first but after looking into the market a little deeper I found that there are above average areas with superb performing properties present. 

Post: New Member Checking In from Fort Hood, Texas

Chas PhillipsPosted
  • Wholesaler
  • Fort Hood, TX
  • Posts 25
  • Votes 4

I would first like to start by saying this is the most up to date and informative website of any kind I have ever been on. The things I have learned in the last month have only better prepared me for success and enabled me to more confidently pursue my goals. I just wanted to introduce myself as a "newbie" with aspirations of succeeding in the Multi-family and Single-family rental arena through a buy and hold approach. I have learned years worth of knowledge in a short period of time through use of this site and am excited for the education and opportunities to ensue. Furthermore, I look forward to meeting and learning from the multitude of successful of members of Bigger Pockets.

Post: Fort Hood an Military Outpost Investing

Chas PhillipsPosted
  • Wholesaler
  • Fort Hood, TX
  • Posts 25
  • Votes 4

Thank you for the welcome Elizabeth, I am interested in viewing your strategy to incorporate it into my plans. Richard, I am planning to begin in a fairly new market area with an appreciating neighborhood about 10 minutes from Fort Hood. I plan to use the buy and hold strategy and purchase multi-family until I have enough extra money saved up to exclusively purchase single-family. I would also like to see if owner financing would be possible for the single-family houses in the area.