All Forum Posts by: Account Closed

Well, there is this saying about the Rainbow Bridge to happiness for pets.

When we lost our companion back in April, we made an online memorial over at http://www.ILoveMyPet.com

Paul,

Great, I hope to see you on Thursday then.

Yeah that birdseye is pretty cool. I could see right onto my roofdeck. Even saw my car in the driveway. Pretty Cool.

Thanks!

Asking about the different types of REI there are is like asking someone in the medical field about all the different types of specialists there are out there.

There are heart doctors, heart surgeons, feet doctors, eye docs, ENT, radiology, neuro, blood, trauma, pediatricians, etc...

See what I mean. There are so many "tools" an investor can use. What you need to do is educate yourself.

To answer your question, yes where you are, your market and the deal itself all matter for the type of investing you want to do.

In a college town, you are going to be renting to students and not alot of flipping as the number of buyers is low compared to renters, so you can see, it really does matter.

The type of loan they have as well as available equity in a property might tell you if it is a sub2 deal. Not to mention the market rents if that is your planned exit strategy.

They key is to educate yourself. Follow the above poster's advice. Get out and network with other REI types at local clubs. What I will advise you on is when approaching experienced investors, they don't have to tell you anything. You have to think about what they will get out of helping you. Remember, focus on what THEY get. Not on what you get. This is true of talking with seller's as well.

Hey Rudy from Albequerque. Isn't that the place that Bugs Bunny always took his wrong turn when he would tunnel?

Welcome to BiggerPockets! Great that you have experience in renting out your duplex back in El Paso! I just saw the movie about the Texas Western (Now UTEP) basketball team that was the first all black team to win the NCAA Championship.

Anyway, feel free to read up on all the forums, tons of great advice. I am sure you will be able to offer some advice soon as well! Good luck and look forward to having you as an active member of BP.

I have not used Foreclosures.com, but I do use a list service that is more local to me here in Chicago. There are some that have very stale information so just keep an eye on that.

I just have to say that if it is only $40/month you would pay that in your time, energy, gas, etc to get to the recorder of deeds to research that information yourself. If you get one deal out of it in a year, will you pay back the $480 it costs annually?

Jason,

I am confused.. NorthWest / East Indiana?

Is that Gary area or like South Bend etc??

The WCRT has a subgroup that meets in Merrillville, Indiana. Is that close?

What brought you up to Schaumburg? WIsh I would have known, I would have tried to get together with you while you were in town.

Paul - Have you attended a club meeting yet? There is a great one on Thursday Sept 6th, so just a week away down in Elmhurst.

Are you doing rehabs yourself? Feel free to contact me directly via PM on here so I can get your information for any leads I have in your target farm area!

Thanks and look forward to meeting you in person. Who knows, maybe even on Sept 6th.

If you are looking for groups, then by all means attend your local REI clubs and groups.

There is a great list of those clubs on this site.

http://www.biggerpockets.com/real-estate-investment-clubs.html

Welcome to the boards! Sorry that you never see your family, but sometimes we sacrifice today for a better tomorrow!

Nice job on finishing the basement! Feel free to lend advice or get advice from these boards!