All Forum Posts by: Antoine Joseph

The podcasts on Biggerpockets are a great place to start.

Hello John,

Welcome to BP, you've come to the right place. @Scott C. same for you. I'd say decide what it is you like about real estate and go to a REIA meeting. . . or vice versa. Get talking to real estate professionals and you'll see that almost no 2 investors have the exact same plan, strategy or goals its a really personal journey that you make up and perfect as you go.

I have a property under contract in the Kensington section of Philly. Anybody interested in picking a rental in this area please let me know. It will need a full rehab but it has been stripped down already. 

Hey BP,

I've been getting a lot of deals in Strawberry Mansion and Kensington areas recently. These aren't houses with any flip value but they have some cash flow potential. I'm looking for some landlords in these areas to let me know what price they like to buy at and how much they'd like to be all in so that they're seeing decent profits.   

Welcome Julian, you will find plenty of knowledge here! Make sure you take action along with the knowledge

@Will Smith Welcome to BP! Take action, there's no right place to start, just start! Call craigslist ads, Drive for dollars, send letters anything. . . As long as its something you will be making progress.

Welcome to BP @Karima Hughed there is plenty to learn here, but most importantly you have to take action!

Use BP's tenant screening checklist, you'll be fine.

This post sounds like you've already made your mind up that your "mentor" is a poor mentor and/or poor wholesaler. Go do it yourself. Stop using her stuff, build your own buyers list and get everything under contract that you think you can sell. I will tell you tho, there is a lot of grey area in wholesaling, everything will not be cut and dry. You should go succeed and "fail" on your own, you will learn plenty from it. 

This sounds like a great opportunity! I'd you, your husband and mother in law have to decide whats more important: 1) residual cash flow or 2) quick (relatively quick) cash right now. 

Either way the simplest partnership is splitting profits 50-50 between her and you (and your husband). If you decide to fix it up, that also means splitting any contractor bills 50-50 on the front end, then splitting whats left of the rent after the expenses are paid. If you decide to wholesale it, you would just split your fee 50-50 the day of closing.