All Forum Posts by: William Nestlehutt

@Thomas Latuga

This is awesome! Thank you so much!

@Jeremy Wirths

This is great advice thank you! No I don't use the app too much outside of the podcasts. I will definitely look into setting up keywords!

I will definitely check out the local REIAs. That's a great idea!

@Wayne Brooks

Thank you for your insight! I will keep all of this in mind!

1) Yeah I know, it's nothing in Los Angeles. My Fiancee has another $40k we can use but were hoping to separate so we can put a down payment on a house out here / not mess up both of our credit if something goes wrong. I have plenty of resources out there from contractors for painting companies etc. I have an uncle who flips houses out there about once or twice a year or so but those usually come up through his contractor work. He doesn't have a real estate agent he can put me in contact with or anything. He does all of his flips through construction loans, no money out of pocket with $40,000 houses. I have great credit and can come up with the money to buy cash if needed but would get a construction loan for the flip. Ideally though the construction loan would cover everything.

2) That's definitely what it feels like, unfortunately. I have cold called other agencies but that's even worse. I can't believe how difficult it is to get anyone to send me listings or follow up one ones I've found myself. I think it's just different than what I'm used to out here. I'm by no means a difficult person or anything like that.

3) I'm not trying to waste anybody's time. Everyone has to start somewhere.

I was out there a little less than 2 months ago for 12 days. I went to 4 different agencies while there and have have since spoken to 7 different agents from those 4 agencies. I've gotten one email with listings without me having to follow up. Don't get me wrong, I'm more than willing to put in the work and find those listings and lenders myself, I have and will continue to. I don't need to act like I'm serious. I am serious.

Hello all,

Hope everyone is doing well! This is my first post here. I guess I should give some background on myself.

I've been listening to the BP podcast for years, read most (there are so many on my list) of the recommended books and tons of other research. I don't have a mentor or know anyone personally that is investing in real estate yet (Pandemic ruled out meetups for me). I'm 30, engaged, have a great job in the tv / film industry in Los Angeles, good credit, and have about $30k I'm looking to invest if needed (though not the preferred option). My fiancee also has a good job and great credit. We are both debt free except for our student loans (feels like we'll never be rid of those...). We are looking to buy a house (modified house hack) here in Los Angeles towards the end of the year after the wedding.

I'm looking to invest in out of state rental properties or to fix and flip (at least the first one or 2). I have been looking in the central Arkansas area where I have family and have personally spent a lot of time there so I have a better idea of the neighborhoods vs picking somewhere random on a map that we can afford. Looking to buy under $100k. I've recently started calling real estate companies looking for Agents who invest themselves or have at least worked with real estate investors a decent amount. Because this is my first investment property I feel like I am not being taken seriously, and am usually pawned off on the new guy which is especially frustrating because I'm looking to get started on this ASAP. Someone who will work with me even if they need to show me the ropes a bit. I want to do this before I have a Los Angeles mortgage and a family and can't take (calculated) risks with my money as much as I can now.

I guess I'm looking for any advice, as I know I can't be the only one who felt this way when they started, especially from people investing in this central Arkansas area (or Georgia). Any recommendations of property managers or real estate agents who follow through when they say they are going to do something. Any agents themselves in this area. Or anyone looking to mentor a new out of state investor. The latter being the preferred choice!

Sorry, I know this is long but if you made it through, I look forward to hearing your thoughts!