All Forum Posts by: Account Closed

@Jarett Echevarria

Welcome to BP, awesome to see you are getting started so early! My first investment was a condo in Bonita Springs back in 2009 so I am a little familiar with your area. If you haven't yet check out the podcasts on here and work your way through them, there are 200 and they are filled with great info and ideas.

Good luck!

@Jeremy Robinson 

Tough call, every property and investor is different but I would say if you can find a good PM company you trust and you make make the numbers work try to hang on to it and create some extra cash flow. 

Having said that, if the numbers do not work or you just think the property will be more work than it is worth then sell it and enjoy Japan. You can always dive back into real estate if your company bring you back to the US.

Best of luck on the decision and the new opportunity abroad!

@James P.

Yeah I would "pump the breaks" so to speak. I do not see the similarities between cars and real estate. As far as acquiring the loan for the car, there will not be a lot of parallels to getting a mortgage. Car loan right now are like mortgages in the early 2000's while mortgages from a traditional lender is about as invasive as you can get.

I would recommend keeping the meetings with the lenders though, wouldn't hurt just to sit down with them and get a feel for what you will need. You can get a good idea of what they are looking for and start positioning yourself for a future acquisition.

Best of luck!

@Wilson Bunton

Welcome to BP! Don't hesitate to reach out if you need help with anything or just want to bounce some ideas around. 

Good luck!

@Dante Pirouz 

I work buyers and sellers as well. The majority of people I work with are out of state investors. I help with due diligence, acquisition, and bringing the property management team. 

I do have a broker sponsoring me.  

@Joe Schmitt 

I started out working with a realtor then ended up getting my license and it has been very helpful for me. 

1. I can write offers nonstop even if they are very low and I do not think it will get accepted. I felt realtors were always hesitant to write low offers or would suggest I come up in price.

2. If I want to see a place I do not have to wait for a realtor or coordinate with their schedule I just go. 

3. If forces me to learn the market more as I work with other buyers and sellers. 

4. I've made some great contacts, the more deals you do the more you meet people. Doing deal for other investors I have built up some great resources. 

I am not sure that I will continue with this ten years down the road but for right now in the early stages it has been great for me. 

Good luck!

@Greg Bishop welcome to BP and congrats on the first deal! Good luck on the next one

@Steve Gay welcome to BP! Always good to see local investors on the site. I myself do not have any experience in flipping but would be happy to help out anyway I can to help get you rolling. 

Good luck!

@Jasmine D. Welcome to BP!

Congrats on the world series as well, if my Indians had to lose I am glad it was to a deserving fan base!

Good luck on all your future endeavors! 

@Zach Romashko Welcome to BP!

Love the quote you put in there, I am a very self aware man and I know the only reason I have had success in life is because I surround myself with quality people who are smarter than me (doesn't take much!)

Best of luck on all your future endeavors!