Newbie Intro Long intro here... lol

[Verna Medlin]

Hello Community!

I’ve been watching BP videos on youtube for a few months. I’ve learned a lot but have a long way to go before I feel confident and wealthy.

I’m based in southern Oklahoma, but I own a couple of SF rental properties in Mo. One of them includes a small 9 unit mobile home park (at least it did last time I saw the property about 30 years ago!).

I accidentally fell into owning the rentals (Insert lots of boring personal info here). Suddenly I’m the landlord of these rentals that I know very little about. That was when I started searching out information on how to be a landlord and discovered BiggerPockets videos that led me here to the website.

My current goals are to invest in small multi-family homes and build wealth to pass down through the generations and most importantly, to teach my children & grands to follow my lead and keep adding properties to grow the family wealth.

3. 🤪 A fun fact about yourself… Woo-hoo, this is a fun one! I’m a 16-year-old girl trapped in this 70-year-old body (NOT fun!) I used to live on Oahu and loved body surfing. I’m a college student who homeschools my youngest grandson. I want to buy a land-yacht and travel the USA buying properties and building RV parks all across the country. Yep, life is interesting!

I have zero fear of pulling the trigger to buy properties, I’m so much looking forward to learning all the creative financing systems and how to analyze properties, along with all the rest and would be willing to work for free with a mentor to learn these things as quickly as possible.

[Jaron Walling]

@Verna Medlin Congrats on jumping into the forums. No offense but why would a 70 year old with multiple rental properties of various types plus experience need a mentor? If you're running the rentals as a business (as you should) you're probably already crushing it. Use what you have learned, improve it 10%, and narrow your strategy. That's what gets you to the next level in my opinion. 

You don't need a mentor to analyze properties and learn financial systems. Build a few spreadsheets, call a local bank, find a local HML, it's that easy. These topics can be found in the SEARCH bar as well. If you have a relationship with a local bank that solves 1/2 the financial hurdle unless you can't qualify for conventional loans. There is dump truck loads of discussion revolving money in the forums, but in reality finding a DEAL is the #1 biggest hurdle. I'd focus on that and you'll add another property to the portfolio in no time.