All Forum Posts by: Linval T.

Linval T. has started 2 posts and replied 1292 times.

@Karl Maritato - Partnerships are easy to form and can be a nightmare at times, however, it should not not be created by a yes or no answer in the forums. You have to really look at the relationships and a host of other things to see if they all align with your vision and interest.

Below, is a link to a recent post by @Christian Brodin that I thought was worth saving for reference. I hope you get some guidance from this post.

https://www.biggerpockets.com/forums/432/topics/26...

1 Vote

@Yolanda Dean

Welcome to the vibrant BP community. Your time here will be well spent.

Since your interest is with buy and hold, I added the below links for your review.

https://www.biggerpockets.com/renewsblog/2015/03/27/financing-options-rental-property-guide/ (financing options for rentals)

https://www.biggerpockets.com/renewsblog/2014/03/06/bp-podcast-060-serge-shukhat/ (0-68 rentals in 4 years)

http://www.biggerpockets.com/renewsblog/2013/01/04/how-to-rent-your-house/ (house rental guide)

http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)

Welcome to the vibrant BP community. Your time here will be well spent.

Now that you have made the move, below are some links that will help with the navigation of the site.

https://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)

https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)

Before your 1st purchase, please ensure you visit the below link for some tips.

https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/

REI books suggested by BPers

https://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)

http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)

Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.

Feast on the Podcasts, #askbp Podcasts, blogs and webinars

Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational, thought provoking ideas relevant to REI.

1 Vote

@Alex Allemand- congratulations on your new acquisition and accomplishment to date.

The principles of RE are universal as shown. Your result mirror's those of the major markets and are reflective of the old adage of pricing centered around demand and supply.

1 Vote

@Brenda Whittaker - You have gotten very good advice so far, but, if you get a chance please listen to podcast 109 at the link below. It will be worth your time and coupled with that it's educational.

You Will Get Sued. Here's How To Survive With Attorney Scott Smith

https://www.biggerpockets.com/renewsblog/2015/02/12/bp-podcast-109/

Forming an LLC right off the bat
The ins and outs of Insurance vs. Assets
Ten things you need to know to protect your assets
What exactly an Umbrella Policy is and why it might not do what you think it will
Why you shouldn’t put all your properties under one name
What you should know about the Delaware Statutory Trust
Scott’s advanced strategies for real estate investors
Everything you need to know about LLCs vs. Trust Funds
Who you need as part of your team when investing
And SO much more.

1 Vote

@Chris Boyd

Thanks for your feedback, it's certainly appreciated. I am delighted to know that my effort to make the navigation of the site less stressful for newbies and more importantly, it adds value to the community.

Good luck on your REI journey!

0 Votes

@Chris Boyd

Welcome to the vibrant BP community. Ok, now that you have taken your initial step, below are some quick links to get engaged.

Since you are focused on flips I added the below links for your review prior to getting started.

I also added podcast 009 for you to listen to regarding hard money lending. So, you should be all set to get started!

https://www.biggerpockets.com/renewsblog/2013/03/1...

http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)

https://www.biggerpockets.com/renewsblog/2013/05/18/how-to-flip-houses-3/ (5 steps to flipping)

https://www.biggerpockets.com/renewsblog/2010/4/28/the-8-rules-for-flipping-in-2010/ (The 8 rules for flipping - J. Scott)

https://www.biggerpockets.com/renewsblog/2013/03/21/flipping-houses-101-j-scott/ (Flipping houses 101 with J. Scott)

https://www.biggerpockets.com/renewsblog/2015/07/09/bp-podcast-130-ten-smart-tips-for-making-1m-flipping-houses-with-will-barnard/ (Smart tips for flips)

https://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)

https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)

REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.

https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/

REI books suggested by BPers

https://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REI)

http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)

Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.

Feast on the Podcasts, #askbp Podcasts, blogs and webinars

Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

2 Votes

@Jason Potter

Welcome aboard the vibrant BP community. You already have some experience and with additional effort, will quickly climb the REI ladder to its pinnacle.

Since your interest lies in buy and hold as well as flips, I added the below links for your review.

http://www.biggerpockets.com/renewsblog/2013/01/04/how-to-rent-your-house/ (house rental guide)

http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)

http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)

https://www.biggerpockets.com/renewsblog/2013/05/18/how-to-flip-houses-3/ (5 steps to flipping)

https://www.biggerpockets.com/renewsblog/2010/4/28/the-8-rules-for-flipping-in-2010/ (The 8 rules for flipping - J. Scott)

https://www.biggerpockets.com/renewsblog/2013/03/21/flipping-houses-101-j-scott/ (Flipping houses 101 with J. Scott)

To be more successful, you simply have to work on the other elements to progress your REI pursuit. Below are some quick links to get engaged on this site.

REI books suggested by BPers

http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?utm_source=search&utm_medium=internal&utm_campaign=books

Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.

Feast on the Podcasts, #askbp Podcasts, blogs and webinars

Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

0 Votes

@Leo Hernandez

Welcome aboard the vibrant BP community. You already have some experience and with additional effort, will quickly climb the REI ladder to its pinnacle.

To be more successful, you simply have to work on the other elements to progress your REI pursuit. Below are some quick links to get engaged on this site while you wait for additional feedback via upstate networking connections.

REI books suggested by BPers

http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?utm_source=search&utm_medium=internal&utm_campaign=books

Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.

Feast on the Podcasts, #askbp Podcasts, blogs and webinars

Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

1 Vote

@Eric Espinosa

Welcome to the vibrant BP community, where you will find like minded individuals committed to REI and also helping others succeed.

Your time on this social media site will be well spent.

You have taken the 1st step by announcing your readiness and commitment to embark on a REI career.

I didn't see any mention of your particular REI area of interest, but, whether you pursue, wholesale, rehab & fIip or buy and hold it's up to you to decide.

I added three links below from the most popular niches for you to pick one, focus on it and expand to the others if needed later.

https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)

http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)

http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)

Also, in reading your introduction my take is that you should stop thinking of the past in terms of could have, would have and should have. It's 2016 a new year and a splendid opportunity to start on a new page in a new book for your REI career. Stop knocking yourself and move forward, if not ten years from now you will be talking the same way. Your issues/problems are not insurmountable and there are lots of people out there with larger issues/problems and they are moving ahead. So, continue to educate yourself, put together a consistent savings plan and be prepared to take action.

The BP community is here to help and will be delighted to hear from you in the near future about your accomplishments.

The bottom line is that you must take action to start.

Don't get bogged down with analysis paralysis. You must take risks, but, ensure that they are calculated risks.

Below are some links to get you started.

https://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)

https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)

REI books suggested by BPers

https://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)

http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)

Before making your 1st REI purchase please visit the link below for some useful tips

https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/

Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.

Feast on the Podcasts, #askbp Podcasts, blogs and webinars

Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

1 Vote

@Bisrat Arega

Welcome to the vibrant BP community. Ok, now that you have taken your initial step, below are some quick links to get engaged.

Since your interest lies in house hacking and multifamily units, I added the below links for your review.

https://www.biggerpockets.com/renewsblog/2013/11/02/hack-housing-get-paid-live-free/ (House hacking)

https://www.biggerpockets.com/renewsblog/2013/04/09/how-to-buy-a-small-multifamily-property/ (How to buy a smail multifamily property)

http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/ (guide to buying a duplex)

https://www.biggerpockets.com/renewsblog/2015/11/16/how-to-choose-areas-multifamily-deals/ (Choosing multi-family deals)

https://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)

https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)

REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.

https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/

REI books suggested by BPers

https://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REI)

http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)

Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.

Feast on the Podcasts, #askbp Podcasts, blogs and webinars

Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

1 Vote

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All Forum Posts by: Linval T.

Linval T. has started 2 posts and replied 1292 times.

Post: Partners

Post: New from Texas!

Post: I bought my 2nd appartment

Post: When should I set up the LLC?

Post: Hello!

Post: Hello!

Post: New Member From New York

Post: Recommendation of a good area to buy and hold near New York City?

Post: Hi! New to all this and would like any and all advise possible!

Post: Should I start now?