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All Forum Posts by: Blake Palmer

Blake Palmer has started 3 posts and replied 20 times.

Post: Help my wife and I solve this FIGHT. Should I get a W-2 job?

Blake PalmerPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 21
  • Votes 15
Originally posted by @Russ Smith:

If your wife is unhappy about having to work for "the man" and grind away at an office job she hates, then let her quit her job and assist you with your real estate endeavors.

Or, let her leave her job and pursue another position, maybe in an entirely different field, one that will make her happy.  Even if it's less money, it will be worth it.

You're making enough cashflow to help pay the bills, even if you feel like it's slowing your ability to grow.

 I like this idea... Would she be interested in becoming a realtor or property manager? Could you pull enough income from your business to allow her to cut back to part time? It sounds like your on the path to fulfilling your dreams, but she's got dreams too. Need to find a balance. 

Post: Where are the real investors? Any one know?... Bueller... Bueller

Blake PalmerPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 21
  • Votes 15

@Michaela G.

I didn't say it's rude to want to be able to have more discussions that are focused among higher experience levels. I said the thread title was rude, and it is. It's also rude to put words in people's mouth, but I don't care. I only responded to you because I thought you were out of line for calling people catty who posted before me.  I now regret that decision.

Post: Where to Begin In Real Estate?

Blake PalmerPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 21
  • Votes 15

I agree with those recommending the podcasts. Let us know what intrigues you and we'll try to direct you to a good podcast on that topic.

I'd also recommend studying rental property investing. Read Brandon Turner's book, "The Book on Rental Property Investing". It will help you understand cash flow, which is something you need to know regardless of what you get into.

Post: Where are the real investors? Any one know?... Bueller... Bueller

Blake PalmerPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 21
  • Votes 15
Originally posted by @Michaela G.:

Why are some of you new investors so catty about this? 

Sounds like the girlfriend that won't let her boyfriend go out with his friends, because she now feels that she's not enough for him. 

It doesn't take anything away from you and doesn't make you less of a person. You are who you are, so be realistic about the level you're in. 

I'm a fulltime investor, but I would never think that I'm enough to hang with the big investors and wouldn't want to waste their time, that they could spend with someone more their level. But that doesn't make me less than I am.

Nobody is being "catty" and nobody is unworthy of hanging out with big investors, including you. If they feel like being around newbies or smaller investors is a waste of their time, they are free to spend their time doing something else, but new investors should not be discouraged from trying to surround themselves with more experienced people.

There are plenty of features on this site to make life easier for everyone, including big investors. We can follow certain users, use keyword searches, listen to hundreds of bigger pockets podcasts, or if someone really thinks they are awesome she can put in an application to be interviewed on the podcast herself to get her name out there like a Shiloh or Jay. I've listened to Shiloh's podcast like 6 times and I'd LOVE to hear from others like him, but if someone doesn't want to sift through a lot of entry level questions...then maybe they shouldn't be on a message board? 

Like it or not creating a thread with the title "Where are the real investors?" is pompous and rude, so the guy shouldn't be surprised if he receives a little criticism for it. I'm sure he can handle it.

Post: Creating a website... Looking for ideas!

Blake PalmerPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 21
  • Votes 15

Wix has a commanding lead at this point. Very impressed with their website and the overall presentation of the service they provide. I'll let this thread age for a couple of hours then I'm gonna begin putting something together.

@Grayson Wester in your experience have you noticed anything about weebly that gives it an advantage over wix?

Post: Creating a website... Looking for ideas!

Blake PalmerPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 21
  • Votes 15

@Account Closed I just sent you a message. Spend the last couple of hours digging through BP blogs and webinars. Looking at LeadPropeller.com but not sure if I want a separate lead generation website.

Post: Creating a website... Looking for ideas!

Blake PalmerPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 21
  • Votes 15

Hello all! I've decided to create a website, so I'm looking for ideas. At a minimum, I'd like the website to generate leads, tell customers about myself, and collect rent. I'm also thinking about storing lease documents on the website and creating a way for tenants to submit help request online.  

Does anyone have any thoughts or suggestions for creating a good website? Also, do you know of a good website I could visit to get ideas?

Post: What is Your BEST Small-Living Hack?

Blake PalmerPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 21
  • Votes 15

My wife and I are in the process of selling and giving away a lot of stuff so we can move into a camper on the water. She's so excited about "glamping" and has all these ideas about renovating the inside to make it "cute"... I'm just along for the ride, lol, but I'll be watching this thread for some ideas of my own!

Post: Questions about fees when you close.

Blake PalmerPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 21
  • Votes 15
Originally posted by @Laura Moretti:

Of course I will continue to educate myself and grow but I'm ready to start taking action otherwise I won't learn.  Please tell me more about this account for closing costs and commissions....am I missing this information from the webinars and the books?  I could have missed it but I don't recall it being in the calculator analysis.    

Typical closing costs are $1500 to $2500 but can be much less if you're buying with cash.

Post: Questions about fees when you close.

Blake PalmerPosted
  • Rental Property Investor
  • Jackson, MS
  • Posts 21
  • Votes 15

Congratulations!!! Don't sweat it.... if the seller is interested in your offer, there's a VERY good chance you'll receive a counter-offer and have the option to accept, counter, or walk away.

Also, did you include a home-inspection contingency with the offer? If so, you'll have the option to walk away without losing earnest money if the inspector discovers lead paint or anything else that makes you uncomfortable.