All Forum Posts by: Brandon Holley

Welcome and congrats on putting your purchase criteria down in writing, you're a step ahead of a lot of investors. I would recommend further elaborating your purchase criteria. Some quick and dirty q's I have Do you have a minimum cashflow requirement? Neighborhood requirement? Age of house requirement? Minimum cash on cash ROI req? Minimum monthly rent req? Should you clarify what a "good school" is ? Minimum income to expense ratio? I would get as detailed as possible in your purchasing criteria until you get comfortable "winging it"

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I would have to agree with Chris Uhler s statement. If you have the contacts, are finding the deals, managing the flip, and are marketing the sale... Why do you need a partner? Hard money fills your "one need" and you'll have the hard money's lenders experience to lean on. They won't loan on a bad deal. So what are you hoping the investor will bring to the table other than $?

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Welcome, advice is simple network, network, & network! I've learned so much and have no fear after learning and living vicariously through others experiences. I hope BP is a blessing for your on your new journey!

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Originally posted by @Michael C.:

So, I just finished listening to Podcast 60 with @SergeS and it got me thinking. He was working a full time job, and took his business from 0 to 68 units in four years. In the podcast he referenced very often he would be in meetings, etc and his phone would be blowing up with his "other" job.

What I was wondering is, for people like myself who are just starting out, but keeping our day job, how transparent should I be (or not) with my current company/boss about what I'm doing? I have to imagine it will illicit a number of questions if my phone is blowing up all the time, or what if someone finds my company website (when I actually have one). But clearly a double edged sword about explaining why you are starting to invest/building a business. My inclination is to not mention anything, but didn't know what others experiences have been. Appreciate the thoughts of anyone who has done it.

Mike

I love to talk about it, I start by referencing the blessing that my current career is and about the fact that it's put me in a position to begin investing in real estate. Of course my position may be different than others, but I have no plans of quitting my day job, I'm simply planning for the future and working to replace my income for my family, in case something happens to me.

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Zachery, I would recommend planning a weekend trip out here to the home of the world's best BBQ! Identify 10-15 potential properties and drive the neighborhoods. Se if you can find a local Pro BP Member to take you on a ride along. Just my .02

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Welcome to BP, enjoy the community!

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Welcome, best of luck with your hunting! If you have any KC specific questions feel free to reach out.

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Welcome, you've come to the right place to learn that's for sure! Podcasts, askBP podcasts, recommended books (at the end of podcasts) are a great place to start. I would additionally reach out on BP for a seasoned pro in your area and take them to lunch. Best of luck, I hope this site is a blessing for you! Thank you for your service

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All Forum Posts by: Brandon Holley

Brandon Holley has started 11 posts and replied 192 times.

Post: New Beginner Real Estate Investor Fort Lauderdale, FL

Post: Making an offer without a Realtor?

Post: What types of properties to buy....looking for advice.

Post: flipping houses

Post: I'm a Newbie

Post: How transparent are you with people at your "day job" about REI?

Post: Charlotte and Kansas City areas

Post: Full Time Investor Indianapolis and Kansas City

Post: New member, looking around the Charlotte area

Post: New Member