Doing Business with BP members: Triumphs – Nightmares

[Chris Teed]

I am a noob here, this but my 3rd post. So hope the content doesn’t offend the sensibilities of anyone. And apologies if it is in the wrong forum discussion, seems is a 5 post minimum to post in "make deals, find partners...."

Obviously this site is a far sight from CraigsL, thankfully so, but I did read a post here awhile back from a member who stated that they had been scammed by two fellow BPs. The thread was about opening a forum topic to warn others about these two individuals and perhaps others(?), was some discussion about the legalities of all that, and from what I can see no such forum topic has ever been opened.

So what I am wondering is how many of the BP members have done business together? And how did it go? And if you were the investor, what were the terms?

As an out of country investor looking to link up with a local entity, I trust you can appreciate my reasons for this thread. And if I may go one step beyond, if you have a specific heads-up to offer, I’d be very appreciative to hear it, PM perhaps if you believe that medium is best for the message.

[Kevin Kaczmarek]

I have to chime in here on this topic because I remember when I first heard about BP. A local agent was using the site and had endorsed it to the point where I knew I needed to become a part of the site. Since I have joined BP so many wonderful things in RE investing have happened to me. I have made some wonderful friends on here, I have learned so much more than I could have outside of BP, and have made several business partnerships and relationships. When I look at the scope of my business today some of my strongest business relationships were formed on this site.

As mentioned several times over above, do your due diligence before you do anything with anyone, but know that this site can be a great launching pad for your RE investing career.

One good tip that I recommend is after you colleague request someone on here, and they have accepted, give them a call. Learn more about what they are doing, tell them about what you are doing. While I haven't done this for 100% of my colleagues, I can tell you the ones I have are in many cases doing business with me, or there are some future plans to figure out how to do business together.

This site allows you to build your business faster and better working with the right people.

Good Luck!