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All Forum Posts by: Judy Best

Judy Best has started 1 posts and replied 74 times.

Post: Small Deals Mean Wasting Time & Making Small Money

Judy Best
Posted
  • Investor
  • Little Rock, AR
  • Posts 81
  • Votes 62

Our single family business has all been in Central Arkansas, but we may have to wonder a little further from home to find multi-family deals. As I said, that's our next goal, and we've been staffing for that, so we're just now looking for deals. Finding some locally, but as we span out to college towns in Arkansas and Missouri, more deals are available. We'll see! 

Post: Small Deals Mean Wasting Time & Making Small Money

Judy Best
Posted
  • Investor
  • Little Rock, AR
  • Posts 81
  • Votes 62

We are transitioning to multi family this year, because we believe this is true.

Post: Long-Time Lurker, First Time Poster

Judy Best
Posted
  • Investor
  • Little Rock, AR
  • Posts 81
  • Votes 62

Welcome, Joshua: Can't answer your questions, but always love to connect with fellow Arkansans interested in real estate investing. 

Post: Small multi Little Rock arkansas

Judy Best
Posted
  • Investor
  • Little Rock, AR
  • Posts 81
  • Votes 62

House hacking is a great way to get your start in real estate. I'm a Realtor, let me know if I can show you any properties. Always happy to help. 

Post: Selling home outside of Little Rock, Ar

Judy Best
Posted
  • Investor
  • Little Rock, AR
  • Posts 81
  • Votes 62

Congratulations! Do you need an investor friendly Realtor? I'd be happy to help you sell it. 

Post: LLC before buying first Investment

Judy Best
Posted
  • Investor
  • Little Rock, AR
  • Posts 81
  • Votes 62

Melinda, an LLC is simple and easy to create, plus offers you tax benefits and protects your personal assets in worst case scenarios. We have multiple LLCs, plus we use trusts for our properties. It's our goal to pay the least we can in taxes, protect the portfolio we are creating, and make it difficult to find who the owner is, through all these layers. We started with a simple LLC, and the rest has grown as we added properties. You can still finance your properties, no worries. Talk to a CPA as you start, and you'll have great advice for your investor future.

Post: What age range are you at your best? 20's? 30's? 40's? 50's?.....

Judy Best
Posted
  • Investor
  • Little Rock, AR
  • Posts 81
  • Votes 62


Originally posted by @J Scott:

Long story short, for those who want to be successful in business, here are my two recommendations:

1.  Start your first business today. Don't wait. If you don't have a lot of time or money, make it a small side business. But don't expect that your first business will be successful. It likely won't. But it will teach you a good bit. your second, third, fourth, 10th try will be successively easier, and eventually you will realize that there is a formula that works and that can be replicated. No different than flipping a house or buying a rental, the 2nd, 5th, and 10th times are infinitely easier than the first.

2.  Don't choose a business because you're good at it, because everybody else is doing it or because it sounds like fun.  Find a niche that makes sense, and that is poised for growth over the next couple years. Find someone else who is already successful in that niche. And start by copying what they're doing.  Once you are successful at copying, then you can just focus on innovating. But in many cases, copying is enough to allow you to grow a decent-sized, successful company.  Again, no different than real estate.

Post: What's the coolest thing you've found in a property?

Judy Best
Posted
  • Investor
  • Little Rock, AR
  • Posts 81
  • Votes 62

We found a safe, and once our locksmith opened it, we found a pearl handled pistol. It was lovely! 

Post: 1st time House Hacker-Arkansas

Judy Best
Posted
  • Investor
  • Little Rock, AR
  • Posts 81
  • Votes 62

Hi, Angel: I stay busy, but I always have time for a call. Mid- to Late afternoons is usually the best time to catch me, unless I'm showing houses. Come friend me on Facebook, that way you can tag me when you're free to see if I am! 

Post: Memphis, DFW, Houston, OKC, Little Rock, Tulsa, STL

Judy Best
Posted
  • Investor
  • Little Rock, AR
  • Posts 81
  • Votes 62

We are flipping in Little Rock, and I am a Realtor. Happy to connect!