All Forum Posts by: Kyle Grimm

Shanda Coddington welcome to BP! Your location is exactly where I would like to have a get-away home someday!

Rick H. Words of wisdom! Always enjoy your responses.

I struggle with this a bit being 22 myself. My advice is know what it is you're talking about. Never try to sound like you know what you're talking about regarding a subject you don't. Ask lots of questions to other investors and gain the knowledge you need to be credible. Having experience will definitely help with credibility though. Keep up the grind!

Let's bring this post alive again. I am looking for NOD lists in the St. Louis Missouri market.

Reading this just fires me up! Boy I can't wait to get to your level!

I followed around an investor in the Phoenix Az market who would wake up every morning and get an updated notice of default list which he said is public data.  He then would physically drive out and knock on those doors to offer them solutions to their problems.  Most of the time, he was the first person to reach the homeowners and he would actually beat the notice of default to their home.  Does anyone have any insight on how to get an updated list daily in the St. Louis market?  I've been searching without any luck.

Would love to find out more about the original question asked.  Anyone else have insight to a list updated every single day with new properties with a notice of default?

@Byran Parson I was a very good saver from a young age which really helped me acquire my first two properties.  When I tell people I started out small, I'm talking the first two homes I bought were only 5k a piece.  I purchased those when I was 18 and put an incredible amount of sweat equity in them.  Today I wouldn't even consider buying something like those first two, but I don't for a second regret it.  I learned so much about construction and dealing with my first tenants.  I put about 10k into each of them and today they are worth around 35-40k a piece and both bring in $550 a month.  Having those deals in my back pocket has opened the door to more money.  I have private money loans as well as an investor friendly banks backing me on my other deals here in St. Louis.  

Buildium really seems to be stepping their game up.  I am really happy I went with them for my property management software.

I am very pleased with Buildium so far.  I currently own and manage my 7 units with the help of Buildium.  The most confusing part to me has been the accounting but that's something I hope to hand off to a book-keeper soon.  I can see self managing at least 20 units myself with the help of a book-keeper and the right contacts in my phone when things break. 

Spend time doing what you're good at and hire out anything that doesn't get you closer to your goals.