All Forum Posts by: Aaron Junck

Yes, you can but you have to keep in mind that you still at the end of the day are responsible for the project in which you are hired for. So for that you better be sure to make a profit for the risk involved.

It also varies by state, but the minimum I know of is that you have to warranty the home ( I assume you are referring to SFH) for 1 full year, I have heard of other states requiring 5 year warranties but haven't validated that.

Any new updates on a timeframe for the 2013 BP Summit??? :)

I'm kinda excited, not going to lie :)

I understand most newbies have the same dilemmas (little cash to INVEST in a mentor). And most mentors have little TIME to just hand out to newbies...

I know most mentors and "gurus" have said that for newbies to get started to go search for the deals and criteria that they set out.

My question is are their any mentors out there that have thought of saying I am willing to teach you the basics and then some and in return any deals you put together you give me say 10% of the ownership or profits ... for any of deals done the next year or even two ?

Any thoughts? Or maybe just the opposite can be said.. A newbie could say in exchange for teaching me and giving me 10% of any deals I bring to you.

I for one understand when you have "skin" in the game it makes you accountable and it makes you not give up as easy. I would think that for newbies that are eager to get into the "game" that having this motivation would be huge.

I personally love learning and also teaching others what I have learned. This is just a simple post to hopefully help some ideas flow that are maybe outside the box a little to benefit both the newbies and the pros.

Thats awesome! You have developed an amazing site that has huge benefits!

Great Job!

Cool! Thanks

I will check it out :)

Brian Burke, thats awesome .. hmm I wonder if SF has that option here? I will have to look into that . Thanks

Brian Burke I assume it is that same in CA as it is here in SD, where you have to be an agent for (i believe) 2 years before you can be a broker.

Did you have any issues with your broker the 1st 2 years there or didnt this apply to you there?

@jscott with your private money borrowers do you also pay points or had that varied for you on whom you are borrowing from?

Welcome to BP Mark! I am also from SF. A few of us just started a RE investment group here in SF if you are interested in that let me know.

Rich Weese May be able to help you on the notes your talking about, I know he spoke about using them in his book.

I agree with everyone above as it doesn't seem to be a good deal . If you plan on doing your dream home in a year or so odds are at some point in time you won't want to get out o bed in the middle of the night to go clear snow so you will pay for that to be done and at some point in time you want want to deal with the management end of it . So to run a realistic analysis you should figure it all in now otherwise you may have a surprise sooner than later. I would also call and find out on the taxes . To me these numbers seem quite low. And even when a mock number of $300 was figured in for snow/lawn , sit and think would you honestly go do these for $25 a MONTH? I wouldn't .