All Forum Posts by: Arianne L.

@Maggie Medal hello neighbor! Thanks, looks like you've got a great start to your rental portfolio too! Yes, I'll be at the meetup this coming Tuesday at Twisted Grape :) Looking forward to meeting you there! 

@Pam Church thank you for the kind words. I'm glad I can help in some way. If I can do it, anyone can :). Make sure you put together a plan to reach your goal - small actions every day add up and you'll get there in no time! 

@Brian Beam I definitely agree. At the end of the day you decide what you do with the cards life dealt you. Many people decide to make the most of it, while others decide to not even try playing. It's our choice, and we have to make that choice everyday.

@Adekemi Ikutiminu Hard work definitely gets you there but surrounding yourself with great people who hold you accountable helps you get through the rough patches (there will be many!). The event I mentioned is in San Diego yearly - next one is this October and we'll be there again :) here's the  BP marketplace link for Flip Hacking Live.  God bless you as well! 

@Dolly La Salle I don't recommend getting into the flipping business without a solid partner on the ground in the US. While it's possible, flipping itself can be risky and not having boots on the ground can open you up to a lot of issues (I know a very smart guy who got duped by a contractor who photoshopped pictures and the guy paid him thinking he actually did the work). You can do wholesaling from overseas that'd be better. What's your goal? If your goal is having a rental portfolio and passive income I would skip right to that 

@Nana Osei thank you I'm glad you got a little something from what we share :) more success to you as well!

@Sasha Mohammed thank you! I posted a few updates here :)

@Kim Lewis sounds like an interesting deal. I"ll message you about it.

@Vinod Krishnan Take those steps! I had no idea what I was doing when we started, just read a lot on BP, took some steps, made mistakes, asked a lot of questions and kept going. You can see some of my questions from several years ago still :). We all start where we start. Don't underestimate the power of compounding interest - it applies to your actions too!

@James Bradin Hurricane Michael hit panama city pretty hard. We are buying and renovating there, it'll take a while but the city is rebuildling slowly and surely. Let me know if you are in the FWB area anytime I always enjoy catching up with other investors. I'm sure NM is a great place to buy rentals too I know a few people who own properties there and here

@Daniel Bakalo hey! Awesome to see you here! Thank you for buying one of our wholesales. Loved doing a deal with you! We need to find more good ones for you the defuniak area :)

@Jon Simpson We did hit our 2018 goals, thank you for asking :). We have some pretty exciting goals for 2019 as well, we are on track and I believe our team will hit it! 

@Justin Williams - our Roger Bannister. The man who showed me, @William Allen and a lot of others that having a systematized multi million dollar real estate business where you work only a few hours ON the business a week is possible, WHILE being a great spouse, great parent, etc... It's because of you and Tara that many of us have now broken the 4 minute mile of active real estate business. Thank you for the kind words. Means so much to Chris and myself! We only hope to continue your example.

@Evan Coburn we bought our first property cash (after years of savings), and then used delayed financing exemption to finance all our cash back out! We renovated it too

@Johnny Pineyro thank you for thinking of us. Hurricane Michael hit 1.5 hr east of us so thankfully our home and we are safe. We work in the market that it hit in and the damage is still devastating today. We are slowly helping the rebuilding process... buying one house at a time. It'll take a few years to rebuilt. And it'll never be the same... but I hope we can help make it better.

@Kyle Stone @Camelia Mehrkar Being on here on BP - you are on the right track! This is how we did it starting out - we looked at our monthly bills, and started aggressively eliminating expenses that ranged from things we would not miss at all (like cable subscriptions), to things that we would miss a bit but would not affect our happiness overall (like buying soda, eating out often, etc.). All those extra funds started going to a "war chest" that we knew we would use to invest one day. We also focused on increasing our income - we worked really hard at our jobs, stood out, and received raises since we were top performing employees. This all helped increasing our "war chest". We did that until we paid off our student loans, and got $60kish in the bank saved up - then we bought our first property. Did the BRRRR method, and continued that cycle (save, invest, save, buy, save, invest, etc.)

@Fernando E. thank you! Looks like you are up to great things as well! Looking forward to connecting :)

@Arya Jackson thank you!  

@William Allen Thank you! I can't believe it's been 4 years since I first messaged you here on biggerpockets. Thank you for being a great friend and mentor. It's been amazing to see your story and growth over the last few years. Looking forward to continue growing alongside you! 

Hey guys! Thank you so much for all of you who have checked in and sent their regards :)

Our team has grown and I am super proud of what they have accomplished! We are on track to do 100+ deals this year and 2M in gross profit! Way to go team! :) 

We've been invited to speak at the next Flip Hacking Live 2019 in San Diego (here is the BP marketplace post). It was an event that changed our lives 3 years ago and we are so honored to share the steps we took to get to where we are now. Looking forward to meeting a lot of you there! 

Come join us in San Diego this October 10-12 to learn and network with high level Real Estate Business Owners who run multi-million dollar businesses

Click here to learn more about Flip Hacking Live 2019!

@William Allen You have such an amazing story. Watching you grow and reach bigger and better heights continues to help me push past my own limits. So blessed and proud to have you as a friend and mentor! 

I am so glad you invited me to Flip Hacking Live in 2016. It changed my life. The event allowed me to see the inside workings of your real estate business, and of other 7 and 8 figure business owners and showed me what was possible. The relationships formed there are priceless.

Anyone who wants to check out that event, it's happening again this year in October! Here's the Flip Hacking Live BP event page for it

Here's a BP post on my journey if you want to learn a little more

I love this one nugget you shared

#1 lesson of running a business. Have the right people and know how to lead them to do more than they think they are capable of. This will get you very far.

Leadership is something I have been and continue to focus on so our team can continue to reach better heights! So excited to meet and learn about leadership and extreme ownership from  Jocko Willink in October!!

Best hard money lender in the industry! We do 30 flips a year and they are our first choice.

@Vinod Krishnan thanks we still use these techniques today!

@Taylor Hall thanks! We attend the PIG group locally, host a little meetup every last Tuesday of the month 6pm at Twisted Grape in Shalimar, and also need to attend @Matt "Roar" Gardner's meet up soon! Looking forward to seeing you at one of those!

You can also do a delayed finance with someone else's cash instead of yours (so it'll have to be a private money lender not a full blown hard money or regular lender). 

But yes, in general its yours or someone you know's cash.

Yes in the example: 50k house, you buy it with 50k cash, it appraises for 80k, you get 50k cash back out, have a rental that cashflows every month AND have 30k in equity, rinse and repeat