All Forum Posts by: Julia Rowling

@Jay H. So everybody wants in on the secret sauce -- me too! 

@Todd Hunter  - Welcome to BP!  As someone new to investing myself, I've found it to be a great source of information and ideas.  Please add me to your "buyers list" for any good deals you find in the Greenville area.  

I hope to run into you at one of the REIA meetings soon!

Welcome, Anthony!  Lots of great learning to be done on BP - be sure to check out the podcasts.  Keep me in the pipeline for any good deals you come across in Greenville and surrounding area (SFRs, small multi's).

Good luck to you!

@John Gambone Welcome to BP! I, too, am trying to get my foot through the REI door and can relate to much of what you say in your post. It's so hard to know when you've got enough info already and it's time to pull the trigger. I guess it all comes down to fear of making mistakes. Once we can come to terms with the fact that mistakes WILL be made, and we'll survive all the same, then we'll be ready to get down to business.

I hope to meet you at one of the REI meetings, which I also plan to attend once I finally get to Greenville.

All the best to you!

almost forgot:

#AskBP

OK, so, WOW!  Another BP podcast?!! As one of your biggest fans, this comes as seriously exciting news!  

So my question, as someone entering a market entirely unknown to me, is... how should I define my "farm" area?  I hear all the time about how important establishing criteria is, but how do you do that, exactly (or generally, or somewhat...)?  Although my target market - Greenville, SC, and surrounding suburbs - is a really small city, there are many distinct neighborhoods in the city and towns in the area and I'm really not sure how I should choose among them...Any thoughts you might have on this would be most appreciated!

Can't wait to hear the new podcast!!!

Having now listened to all 108 podcasts, I entirely disagree that this was the "best" or "most inspirational" - though I will concede it was possibly the most boisterous and obnoxious.  I think it's a real shame that in today's world it's the loudest voice that gets heard, instead of the speaker that actually has something meaningful to add.  I have found so many of your previous guests, who may not be best-selling authors or multi-gazillionaire investors with private jets, to have made much more valuable contributions to my education.  Other than the command to be "cocky," what else did Grant really have to say?

Welcome to BP, Dan!  There's lot of great information on the site - I'm sure you will find it really helpful.  Be sure to check out the podcasts, where you will get a great overview of the myriad ways to invest in real estate and much inspiration from fellow members.

Good luck to you!

NO....while I prefer to live entirely debt-free, I can see where investing in education *might* be "good debt", and also where if someone went into debt due to major medical bills, that would also be undesirable, but better than being sick...or worse.

This is what I'm getting from this discussion: Leverage is fundamental in scaling your business (and for some, borrowing money may be the only way to even get into the game at all).  However, isn't it the case that most of the successful REIs out there also have major reserves?  It seems to me that the fundamental problem in becoming "over-leveraged" is not having enough reserves to cover unexpected costs, economic downturns, etc.  It's great to borrow money, but only so you can hang on to your own...right?