All Forum Posts by: Daniel Bradshaw

Hey guys,

I was wondering how someone can determine the after repair value of home. I know most people say that they look up the sold comps on the MLS for similar properties. What if you are a beginning investor like me and don't have access to the MLS?

Thanks

Great Post! Thanks!

Hey guys, sorry it took so long for me to reply. Ive been busy, Midterm Week.... In reply to CHAMPAK SHAH, Im living in Baton Rouge right now and I am attending LSU. It is a huge college town and I am majoring in Business Finance. I should graduate next fall. I am graduating one semsester late because I have been taking electrical engineering courses and have considered double majoring. We'll see....

Job outlook seems to be ok. I know a couple of people in insurance. I know you can make alot of money if you are good at that but i do realize its mainly commision. My passion seems to be in Real Estate because everytime Flip This Hosue or DIY network comes on tv I can stop watching it. Electrical Engineering also really interest me and that is why im seriously considering double majoring. I have read around 6 real estate books so far, including: caroltyn sheets, robert kiyoski, ect.... I know that having multiple streams of income can be the key to building great wealth, thats why along with a steady job starting off I would like to buy and hold houses for rent and then maybe getting into flipping after I get my feet wet.

I am apart of the local REI club. I am considering calling one of the "big fish" from the club and asking him if i could job shadow/learn from him over the weekend. He is a serious investor and seems to do alot of houses all the time. Would this be a good idea?

Any more comments would be greatly appreciated.

Thanks

Thanks to everyone with their input, I will continue to go to my local REI club meetings and hopefully build some more relationships with investors.

Christmas is coming up and I will have a lot of free time then. I am considering purchasing bandit signs and try to start wholesaling or flipping contracts as they say.... The only question I have about something like this is.... When i aproach the seller do I tell them straight up, "I myself am not going to by your house, but i have many investor contacts that will. Just assign your house to me and I will assign it to them." or do I play the card "I will buy thise house..... yada yada yada... Assign the house to me and I will purchase in a few days" meanwhile finding a real estate investor.

I hope all of that made sense... Haha

Thanks

Hey guys, I am a senior in college and would like to start buying properties for renting and to get my foot in the door as a local real estate investor in my area. I have read many real estate books, visited my local REI club, made a few contacts, and know that I can build great wealth through real estate. Since I am currently a student, I dont have much free time to make money either through a job or through things like wholesaling and being a bird dog. I dont have much money, but I have a pretty good credit score.

- Am I going to be able to get money through loans from banks, mortgage companies, private investors?

- Or am I just going to have to put my real estate investor dream aside until I save enough money through a real job that I will hopefully get after I graduate?

I know the criteria for getting any kind of money as a loan from anyone for real estate has gone up because of REO's, Foreclosures, etc...

Thanks