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All Forum Posts by: Ian Hamrick

Ian Hamrick has started 10 posts and replied 18 times.

Post: [Calc Review] Help me analyze this deal

Ian HamrickPosted
  • San Antonio, TX
  • Posts 19
  • Votes 4

In the report I am the landlord.

This is a old sample property I found on a wholesaler site.

I decided to use it to start learning how to analyze deals. 

Post: [Calc Review] Help me analyze this deal

Ian HamrickPosted
  • San Antonio, TX
  • Posts 19
  • Votes 4

View report

*This link comes directly from our calculators, based on information input by the member who posted.

This is my first wholesale deal practice analysis. It doesn't look like a good deal from the numbers I put it. Since this is my first practice I would like to know what numbers I got wrong, what numbers I missed.

Thanks everyone in advance

Post: Profile Video ideas?

Ian HamrickPosted
  • San Antonio, TX
  • Posts 19
  • Votes 4

Hello everyone

Like everyone that posted on here I am new to BP.

I am updating and adding information to my profile. I am tossing around the idea of creating and posting a video on my profile. But I am not sure what to make the video about? has anyone done this on their profile? any suggestions?

Post: The more I know the more I realize I don't have a clue.

Ian HamrickPosted
  • San Antonio, TX
  • Posts 19
  • Votes 4

@Greg Scott Thanks for the info I will make sure to look that company up.

@David Ivy I would love the chance to sit down with you and discuss the Austin area.

@Caleb Heimsoth Which podcast do you recommend?

I am finding a lot through bigger pockets that I am going to start going through a few of them.

Post: The more I know the more I realize I don't have a clue.

Ian HamrickPosted
  • San Antonio, TX
  • Posts 19
  • Votes 4

Hello everyone

First off I am so very thankful for finding bigger pockets.

Most of my life I have moved around due to the military and never really settled down anywhere. Now I am in a position where I am somewhat settled and decided to look at real estate to build a passive income stream and be able to walk away from working full time. Before I found bigger pockets I felt so very lost and was in danger of making an ugly deal.

Since bigger pockets, I have started to put money aside to build capital for my first investment. In the meantime, I have been developing my own "education plan" per say. There is a TON of information and it's easy for me to be overloaded with info.   With that in mind, I have been going through the "ultimate beginners guide" taking notes, reading some of the referenced blogs and about to buy a series of books.

With all that said...

Is this a good education plan? 

Should I go through the guide from A to Z before I start analyzing deals? 

Post: How to use the rental property calculator

Ian HamrickPosted
  • San Antonio, TX
  • Posts 19
  • Votes 4

Hi Guys

I started to play around with the rental property calculator and quickly found out that there is a lot of information that I don't know and/or not sure how to find it.

I am attempting to get familiar with the calculator so I can find and negotiate a good deal for when I attempt to buy my first property. Is there a "cheat sheet" of some kind on where to find certain figures?   

Thanks in advance!

Post: newbie investor looking for my first property

Ian HamrickPosted
  • San Antonio, TX
  • Posts 19
  • Votes 4

Thanks guys for the welcome message and the advice on where to start. I am excited and nervous about doing this. At the moment I am putting money away so I can make a decent down payment on my first property.

Post: newbie investor looking for my first property

Ian HamrickPosted
  • San Antonio, TX
  • Posts 19
  • Votes 4

Hi everyone

Newbie investor.

I just found one of the bigger pockets books recently.

I currently live in an RV and my ideal first investment would be a duplex that I can completely rent out. I love RV living and rather keep it that way.