All Forum Posts by: Trent Stone

Any promo codes for the bookstore? Particularly the BRRRR bundle or the book on estimating rehab costs?

@Braden Anderson We should get an investor mastermind group going or something. I'm very interested in connecting and networking, early in the week works best for me. Let me know if you have a day or time that works and maybe we can throw something together in the next couple weeks.

@Braxton Futrell Any luck finding anything about an investor friendly broker? I may be moving my license soon and I'm looking for the same thing.

@Israel Gabriel Martinez I found a quote in my morning reading and thought about the situation with your family. 

"Don't be dominated by people's thoughts, opinions, or judgements. Work hard for your own approval or God's approval -- Those are the only ones that matter. Create a life that satisfies YOU."  - Ed Mylett

I highly recommend his book "#MAXOUT YOUR LIFE"

@Parker Judd you are very welcome. The podcast is fantastic. Also, don't forget to read "Rich Dad, Poor Dad" if you haven't already, I think it's illegal to invest unless you've read it lol. 

First, You can be a successful investor in any market if you are willing to put in the work. Honestly, you can be successful while you are still in school too. If you just set aside 10 or 15 hours a week you can find off market deals to wholesale and you can make decent money a learn a ton. You can also find a skill you have to add value to a local investor and work for free while you learn from them. Not to mention the endless amount of knowledge you can gain by reading real estate books, forums, and networking. Make as many connections as you can and listen to everything the seasoned investors have to say about finding a mentor, especially what @David Greene says on the podcasts all the time. Also, you can work on getting your real estate license while in school and work part-time as a realtor. That route is not for everyone but it's what really ignited my investing career.

I spent over 6 years studying in college and I have never used a degree to find work, however, much of what I learned has served me very well in my career. I would say to play to your strengths. If you are a numbers guy, basic accounting and finance will serve you very well in real estate investing. Understanding things like IRR, ROI, COC, time value of money, etc. I would also recommend a few lower level econ classes (Upper econ turns into theoretical calculous and I don't think will serve you well). Understanding how the markets work, supply and demand, trends, government impact on markets, and being able to predict patterns will help you a ton. No matter what your strength is, you should take business and entrepreneur classes. I dislike marketing and OBHR, but when you are building a business you at least need a basic understanding of those topics and I had to take them as part of my business degree. I think it goes without saying, but if your school offers them, you should be taking real estate classes. Here, the University of Utah offers a business degree with an emphasis in real estate. Just south at Brigham Young University they don't, but they do have a real estate investment club which provides enormous value as well. See what your school has to offer.

I hope my response was helpful. Seems like you have a bright future in front of you, I have no doubt you can have a successful career in real estate if you want it bad enough. If you haven't done so already, make sure you read "Rich Dad Poor Dad". Don't hesitate to reach out if you have anymore questions or would like some more advice. Good luck!!

Hey Parker, welcome!! My advice would be to listen to as many of the podcasts as you can, read everything you can get your hands on, use the BP guides and search the forums. Most likely any of the questions you come up with have already been answered. If you are really serious and ready to commit, the Pro Membership is a fantastic value. I used the calculators over 100 times the first 24 hours I had my Pro Membership alone. Also, since you have a painting business I would HIGHLY recommend going to local REIA's and networking on BP and find people who are doing what you want to do and offer to trade painting in exchange to learn from them. You have a great skill you can leverage in our industry, if I were you I would put it to use. If you get stuck on something after you've already done your research don't hesitate to reach out to me or the community. Good luck!!

PS. My favorite book for multifamily investing is Ken McElroy's "ABC's of Real Estate Investing"

Hey Tyler, I'm a Realtor. I work mostly in Salt Lake, Utah, and Weber Counties, but I have interest in working in those rural areas as well. I'd be happy to be your boots on the ground, let me know if I can help. I actually make it out to Ft. Worth a couple times a year to see my folks so I've been thinking about getting into the Texas market lol. 

Hello BP nation Arizona. We primarily work out of Utah but we are going to be helping a friend in AZ find a property. We are going to be marketing for off market deals and we are building our cash-buyers list. If you or someone you know is interested on being added to the list send me contact info and your investment criteria. Please note that we are very strict with our analysis and we do not believe in sending mediocre deals. If we send a deal it's because it's a deal that we would personally invest in. Look forward to hearing from you, thanks!!

Hello BP friends. I am aggressively campaigning for off-market deals to wholesale or flip. If you are a cash buyer and you are interested in being added to my cash-buyers list, send me a message with your criteria and I will be sure to send deals your way as they come in. Please note, I am very strict with my analysis and I will only send properties that are actually GOOD deals. I look forward to hearing from you, thanks!!