All Forum Posts by: Kyle Tokasey

@Gaege Root

I suggest this specifically because for someone like yourself, who you said has a lot of money tied up in student loans and child support etc., gaining enough capital to flip houses or buy rentals may be hard to do. With land, you don't need much capital to start, you simply have to find the properties that are unwanted such as properties of a dead relative which have been collecting unpaid back taxes, or land that has been unattended for years and people don't even realize they still have it. By offering to take it off their hands for a low price, in their eyes they see it as a free paycheck and on your end you acquired the property for a great deal. The next step is to market the property to places where people are actively buying land and find your profit. The secret is that the land you are buying was never on the market in the first place, so buying it cheap and putting it on the open market instantly increases the value.

@Gaege Root

Hey Gaege, from a fellow Arizonian, welcome to BP! If your looking for passive income of up to 5k-10k per month, investing in land is a great option. Check out the podcast here on BP to learn more about it. Here's a link to it: http://www.biggerpockets.com/renewsblog/2013/10/10...

Good luck to you Gaege!

I appreciate the questions and advice from all of you. I'm new to the site and I can't believe how much useful information is available here. Thanks again

@Allison KarrelsThat's awesome congrats! I love hearing success stories like this because it gives me, a young newcomer in this industry, hope that someday I can accomplish the same things. Great job.

@Dee ColeCongrats on finally joining, although you have already been an outside member for awhile now! I'm new to the community here as well. It's awesome to see how much information and advice people on here have to offer. REI is a huge interest for me as well. Looking forward to learning more about it as I assume you are too. Good luck with your real estate ambitions!

@Matt Gee

Welcome to the site Matt! I'm sure you have already been bombarded with loads of resources readily available for you. One of the best resources I have found helpful for me is the use of keywords on your profile. These keywords alert you anytime they are mentioned in a post, which gives you a great opportunity to get involved in discussions related to your interests. Good luck with your real estate ambitions!

@Mannie Eulano

Hey Mannie, congrats on becoming part of the team here at Bigger Pockets! I'm new as well and I'm quickly learning all the benefits this community has to offer. The advice of @Brandon Turneris extremely useful and I would highly recommend checking out what he has to offer. Hope you find everything your looking for and more on here. Take care Mannie.

@Marvin White

Hey Marvin congrats on becoming a part of Bigger Pockets! I'm new to the site as well and I've already found tons of information that has helped me get started. Some of the best advice I received was to make keyword alerts on my profile so anytime something is mentioned in a forum with the keywords I selected then I am notified of it. This is a great way to hop in on conversations relevant to your interests and needs. Good luck with your real estate ambitions!

@Brett Campbell

Hey Brett, welcome to the community here at Bigger Pockets! I'm new to the site as well, it's nice to see someone else just getting started as well. Although I live way out in Arizona, I'm looking into purchasing my first home as well. I appreciate the insight from the rei's on your post. Best of luck to you in your future endeavors. 

@Clifford Skinner

Hey Cliff welcome to the site! I'm new to the community as well and I can't believe how much expert advice is on this website. Looking forward to connecting with potential investors like yourself in the future. Good luck to you!