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: Jacob McAllister

Jacob McAllister has started 3 posts and replied 24 times.

Post: Just started but ready to quit .... please talk me out of it

Jacob McAllisterPosted
  • Investor
  • Austin, TX
  • Posts 27
  • Votes 59

@Latimer Luis Everything is always difficult at first. Push through it , figure it out and eventually you will be super confident and you will look at this moment as a minor bump on your road to success.

Post: How to sew a landlord

Jacob McAllisterPosted
  • Investor
  • Austin, TX
  • Posts 27
  • Votes 59
Originally posted by @Linda L.:

I have a pig of a landlord and I will sue him. My Realetor is my close friend and was gonna buy it but owner for 2 monthes is scum....I will sue is ***

 *Realtor 

You seem like a respectful well mannered lady couldn't imagine what he did to upset you.

Post: EMD? who pays it? any advice is appreciated!

Jacob McAllisterPosted
  • Investor
  • Austin, TX
  • Posts 27
  • Votes 59

@Amanda Glenn EMD is a deposit needed from the buyer required to make a valid contract.

Post: How to build a buyers list for wholesale properties

Jacob McAllisterPosted
  • Investor
  • Austin, TX
  • Posts 27
  • Votes 59

@Lorenzo McKinney

Go to meetups, put out some signs saying you have investment properties. To explain what you do just say “ I come across great off market deals that are profitable and a lot of the times I am looking to wholesale deals/ assign them. So if you are interested in discounted deals that you can rehab and make good money on I will keep you in my contacts and give you a call when I find a good deal for you to buy”

Post: I hate College, I’m ready for real estate.

Jacob McAllisterPosted
  • Investor
  • Austin, TX
  • Posts 27
  • Votes 59

@Nick Quarandillo dropout, prove everyone wrong & become a millionaire.

Post: Finding absentee owner lists and more.

Jacob McAllisterPosted
  • Investor
  • Austin, TX
  • Posts 27
  • Votes 59

@Stephanie Pieri There are a couple of websites out there such as listsource that you can use to generate lists. I have not heard much great success from people using them. My guess is every one and there mama is mailing to the same lists that they sell to everyone. Sooo the real gold is going to your local courthouse and figuring out how to get those list of tax delinquent, probate, code enforcement etc. The thing is every city is different so go up there and ask all the questions and im sure someone will help point you in the right direction. 

Post: Looking to Invest in Portsmouth VA

Jacob McAllisterPosted
  • Investor
  • Austin, TX
  • Posts 27
  • Votes 59

@Carlos Toussaint Whats up! The rental market here in Virginia is great. Norfolk, Portsmouth, Chesapeake, Va Beach, Newport news, the whole hampton roads area is a hot market a lot of military. when ever you come up this way give me a shout lets meet up. I would also say single family is more popular. Look forward to talking with you !

Post: Advice for an ambitious engineer

Jacob McAllisterPosted
  • Investor
  • Austin, TX
  • Posts 27
  • Votes 59

@Moaaz Ahmad welcome ! amazing what you have accomplished i have no doubt you will be successful in your real estate ventures . My advice since you are passionate for the big deals such as multifamily apartment complexes would be continue to save and learn everything you need to know about multifamily. Find a mentor who is an expert in multifamily that you can rely on for guidance. Then seek the right deal you can pounce on. Also i would consider getting involved with a syndication or partner up with someone experienced for your first deal so you can really use it to learn a lot.

Post: Best Lead Gen Strategy

Jacob McAllisterPosted
  • Investor
  • Austin, TX
  • Posts 27
  • Votes 59

@Matt Mcnulty understood , when first starting out you have to do a lot of hustling. Driving through neighborhoods, knocking doors, leaving notes on doors, putting out signs, calling fsbos, posting on social media, posting on craigslist. You will get on the phone get that experience gain confidence then once you start putting some deals together you can really dump the profits back into marketing on a large scale.

Post: Best Lead Gen Strategy

Jacob McAllisterPosted
  • Investor
  • Austin, TX
  • Posts 27
  • Votes 59

@Matt Mcnulty my friend it is simply a numbers game. No magic pill, no one thing in particular, its about taking action and finding  what you like to do best. If you are just starting out i would recommend driving around building your own list and also door knocking. A lot of people are to lazy to do that and it has proven to be very efficient for me.