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: Kyler Cook

Kyler Cook has started 8 posts and replied 114 times.

Post: Is it really "that" hard to find deals?

Kyler CookPosted
  • Rental Property Investor
  • Kalamazoo, MI
  • Posts 117
  • Votes 235

@Christian Becker

I see a guy on here all the time that’s in his 60s. He’s a multi millionaire because he never passed on an okay deal. He has really inspired me that, like any investing, most of doing real estate well is doing real estate to begin with. After you have five properties you’ll have a much better feel for what you’re looking for. Don’t try to be perfect, try to be okay a lot, and you’ll surpass most investors.

Post: 22 Y/O with $20,000 to spend

Kyler CookPosted
  • Rental Property Investor
  • Kalamazoo, MI
  • Posts 117
  • Votes 235

@Matthew Gangi

Keep on saving! Look into Graham Stephens on YouTube. He’s does real estate in California and started at your age. Has a ton of info on how to get in in expensive markets.

Post: Is it really "that" hard to find deals?

Kyler CookPosted
  • Rental Property Investor
  • Kalamazoo, MI
  • Posts 117
  • Votes 235

@Michael Davido

There are bad deals, okay deals, and good deals. Tons of millionaires that worked okay deals until they learned the game. The problem for most investors is they don’t network properly, and are too scared to be sold a bad deal instead of a good one. Settle on okay in the beginning. Don’t wait for lightning to hit your hat, or you’ll be standing around for a while.

Post: How do I handle looking to young?

Kyler CookPosted
  • Rental Property Investor
  • Kalamazoo, MI
  • Posts 117
  • Votes 235

@Alexander Vasquez

You can handle looking young by being competent. You know who cares how you look if you’re killing it at your job? No one. It’s a non issue. If you look young and act like you have no idea what you’re doing...the problem isn’t how you look.

Post: Owning in Cash (Need Advice)

Kyler CookPosted
  • Rental Property Investor
  • Kalamazoo, MI
  • Posts 117
  • Votes 235

@Rob Bianco

Warren Buffet bought real estate the same way you are. Snowball method your next purchase. Save cash flow for as long as it takes and put 30% down, then save the cash flow and put 30% down. You’ll be ahead in a decade.

Post: Impending Economic Recession

Kyler CookPosted
  • Rental Property Investor
  • Kalamazoo, MI
  • Posts 117
  • Votes 235

@Casey Weiter

You’re also weighing the economy against a growing city. Of course, with people leaving Illinois and other states to come to KY, you’ll experience growth and higher demand. That isn’t a sign that a recession is impending. Are the people buying in KY putting money down or getting risky loans from banks and over extending themselves. That’s a more likely sign of danger.

Post: Tenant wants to break lease

Kyler CookPosted
  • Rental Property Investor
  • Kalamazoo, MI
  • Posts 117
  • Votes 235

@Jhordan Tutop

I believe in a higher power so it’s hard for me to get there intellectually to charge a person for being too poor to pay based on a contract. I don’t want to be the sword.

Post: Would you sell for 80k Profit or continue to hold?

Kyler CookPosted
  • Rental Property Investor
  • Kalamazoo, MI
  • Posts 117
  • Votes 235

@Michael Conrad

It all depends on your goals. Multi family is always super expensive and high value at the top of a real estate run. Catch it on the backside when the market softens and newbies get out and you’ll be able to buy three ones what you have.

Post: Best City to Buy a Cheap House in Cash and Rent Out?

Kyler CookPosted
  • Rental Property Investor
  • Kalamazoo, MI
  • Posts 117
  • Votes 235

@Marielle Walter

My market in Kalamazoo MI it is totally possible. You just have to be willing to rent to C class tenants.

Post: Problem Free Tenants Request Cut in Rent for Renewing Lease ???

Kyler CookPosted
  • Rental Property Investor
  • Kalamazoo, MI
  • Posts 117
  • Votes 235

@Zachary Bellinghausen

The illusion of choice. Would you guys like me to cut the price of rent to 1350? Or sign on for the next two years so that I won’t raise rent on you from 1400 to 1500 due to inflation? Either way you win.