All Forum Posts by: Mike Reynolds

I am located north of Houston Huntsville area. And want to develop two acres on the back of our property. We will have to sell two acres to a LLC. I am trying to budget design and development. So far entergy was coming in such a high price. high price now they say because of potential income i can get the poles and cable to my meter base discounted almost no cost. 10 to 15 pads on nice rectangle lot, next to new pond we dug outdoor camping.. thinking of meter panels at one main location and simple 50/30/20's at each pad. Seems it is mixed on electric being included in monthly payment or allowing RV'r to pay it. All these things are what i need to decide. I can do most of it but will higher licensed pros for final termination. looking for 1 acre design layout help. Already have septic and water well site plan. Road base is also going to be expensive for road and pads.

Hi BP alumni. Complete newbie here. Living in So Cal. Wanting out as soon as possible. I’m self employed. Husband works full time. We have approx $150k to invest/buy/unknown. I’ve done a couple house flips in the past. Way past.  But I do remember and retain some of the process. Times are different now for sure. But so eager to learn our best options to get our feet into real estate. 
We are looking to move to Texas as that’s where I’m originally from.
Do we BRRR long distance? Is that even a thing? If so, doable?
if you have $150K what would you do as a newbie and 51? lol

STR Portfolio; 8 brand new homes in New Braunfels, with special permits for Short Term Rentals;

Great opportunity in attractive vacation market that is supply constrained due to city ordnances. 

Call Steve at 210-314-7839    [email protected]

I'm still in my first year as a Realtor here in Arkansas and I've been listening to BP and Real Estate Rookie podcasts every day trying to get the most information I can possibly take in! Looking to get my first flip property after the first of next year and hopefully be able to turn one BRRRR into a portfolio of rentals. I've also been lookin into mobile home park investments. Seems the way to go with a housing shortage in our local market and a lower initial investment cost than an apartment complex. Our local rental market is less than 2% vacant. If you need an agent in the Arkansas River Valley or North West Arkansas area please feel free to reach out. I would love to help you purchase your next investment!

Hello, my name is Caleb. I’m in Fort Worth, and I’m a relatively new investor. About 4 years and I have 3 properties, just a small fry. I currently live in an RV on a property that I rent to my brother. He pays below market rent, but it still pays for most of the mortgage. I have 2 other properties, one a standard 1960s burb house with no room for value add, just a great interest rate and growing location. The other is a 1.25 acre property with no restrictions an hour from Fort Worth in Hillsboro, Tx. I think this town will grow, as it naturally bridges Fort Worth and Waco. This property currently has a 900sqft finished shed-house conversion that was done extremely well, and cash flows well. The land is the perfect layout to build one or 2 more of these on the property. Utilities run directly behind where i would need them, land is flat and the current house is all the way at the back already. Does anyone have any suggested strategy with this small amount of info? I can provide more details. 

Hi Kenneth,

I feel your pain, I have read like 5 or 6 books and still feel like there is so much to learn. Is it the egg before the chicken or the chicken before the egg. I understand everyone should be paid for the valuable time, but its hard to get started when you don't have the $$$ to put into it. I wanted to do a mastermind but it was $20,000, if I had that I would buy a house, lol. I was super excited to hear you can get into it with no money and bad or fair credit. I have still not found out how  BUT, that being said I am not giving up, I know this can work. I would love to have a new new newbie group. I find so many properties, but just don't have the $$$ to start. I have found one investor and feel grateful. But its just a possibility right now. I am stubborn and hyper I will make it. I really don't know much about how this platforms work, but if you know how to reach out lets start a group. We can do this!!!! Laurie

@Mike Reynolds Go to Enemy method dot com. It's a way of seeing how the best STR hosts around you are performing, what their amenities and reviews are, and assessing where you should be in terms of ADR and occupancy. @Luke Carl is THE MAN when it comes to teaching this!