All Forum Posts by: Joseph Konrad

I work in the animal welfare field. One of the concepts that is brought up often is “what happens when there are no more unwanted animals?” This is a concept that we know will never happen in the real world; we’ll reach an equilibrium and our progress will slow and we’ll simply be maintaining the inventory of unwanted pets.

I feel like this is similar in the world of real estate investing. We have those of us on this site who are doing the right thing and cleaning up neighborhoods and whether renting out and maintaining their properties or selling them to owners who we hope will maintain them for a decent period of time. Essentially, with this theory, we’re decreasing the availability of “war zones” existing by limiting the availability of homes to consumers with the “I don’t care” mindset. When we do this, we change people’s habits and create better neighborhoods.

We are recyclers. When we move into a neighborhood that needs help, we help. Once that one turns around, we move on to another. I feel like we are at an equilibrium, but one that varies greatly. With the way the market moves, there is either a surplus or deficit of unwanted homes and regardless of which state the market is in, we’ll be there to pick them up.

This is more of me just thinking out loud than a question. What does everyone think?

Hi Dunstan,

I know things will be slightly different in The Netherlands than they are in the US and hopefully most of the classes you're taking will cover that difference, but The Ultimate Beginner's Guide will probably give you a good idea on where to start if you are looking to begin investing in real estate.

I hope this helps, BiggerPockets is a wonderful resource.

Joe

I would have to give the always great option of private money, if you're willing to go out and make connections that will be willing to lend for the long term.  

Another option which may or may not work for you is to find a portfolio lender who understands that these will be rental properties and will lend to you based on the deals rather than your credit history.

Hope this helps,

Joe

Welcome Braden,

Definitely come check out the BP meetup that Anson posted.

What kind of leads are you marketing to?  Do you plan on rehabbing, wholesaling, holding or something else?

I'm right there with you Rusty.  I haven't tried the new BP on mobile yet, but I know the old version didn't cooperate too well.

Congrats on making the leap to posting on BP Josh!

I would recommend checking out this podcast. I learned a lot about property management listening to it.

Also, you should come meet up with us at the Denver meetup, I don't think the post for June has been made yet, here's the link for last month though.

You got it!

Hi Ethan,

I'm in a slightly similar situation as you. I found this article to be pretty helpful; plus, it still leaves some things to imagination.

This article

@Dan Perkins

That's a very good question and something that I'm interested in hearing the answer to as well.

I could venture a guess and say that the good deals are out there, you just have to look for them with specified marketing campaigns.

Hi Morgan,

There are tons of articles and forum posts discussing marketing on this site. I suggest doing a search, you'll find a lot out there.