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All Forum Posts by: Brady Becker

Brady Becker has started 4 posts and replied 6 times.

Post: Wholesaling to Raise Funds for BRRRR

Brady BeckerPosted
  • Posts 14
  • Votes 2

Thanks everyone, these responses are great. @Lydia R., I like your perspective on this. Being mainstream would cause someone to change their ways, being that they have a light shining on them. I never heard anyone speak about wholesaling being unethical until I heard Jamil say it, so your insight on this topic is much appreciated. 

Post: Do I need a course/group/community?

Brady BeckerPosted
  • Posts 14
  • Votes 2

These are all great responses and I appreciate you all taking the time. What I am seeing here is that the general consensus is no. There are too many educational resources offered for free as well as people willing to help to justify going out and paying for a course/mastermind. @Nathan Gesner, I think what you said in point 7 of your response is resonating with me the most. I have been learning and networking nonstop, but I am shuffling my feet when it comes to going for it. I am ready to get the ball rolling. Thank you everyone.

Post: Do I need a course/group/community?

Brady BeckerPosted
  • Posts 14
  • Votes 2

I am new to this world and love the concepts, and I am very eager to get started in REI. However, while I am a commercial broker by trade, I am unexperienced as an investor. Would it be wise/necessary for me to buy a certain course or membership in a group to get me feet off of the ground? My goals are to wholesale and BRRRR.

Post: Wholesaling to Raise Funds for BRRRR

Brady BeckerPosted
  • Posts 14
  • Votes 2

Hey everyone,

I am new to investing but have worked as a commercial broker in Houston for some time. That being said, my long-term goal is to get into multi-family properties, but I was planning on easing into it. My plan is to wholesale to raise cash reserves, then BRRRR, then get into multi-family. Is this a natural/common progression in REI? Also, I have recently listened to a podcast with Jamil Damji stating that when wholesaling, it is not ideal to put a property under contract if you do not have the funds to actually close. If I were to follow this advice, I would not be able to begin investing until I raised personal capital. Does anyone have any thoughts/advice?

Hey everyone,

I am getting into the game and came across the BRRRR strategy and think it is the best fit as an investment strategy for my goals. However, as I'm reading David Greene's book, I realize that to make this work, you have to buy the property in cash and finance later. I was looking to take the "no money" route and use OPM to get started. Has anyone out there still utilized the BRRRR method with a "no money" strategy, maybe by JV'ing or raising capital? Does this ruin the business model? My thought is to wholesale until I save enough money to purchase a property in full.

Hey everyone, 

I moved to Houston about a year ago from Louisiana and am working as a commercial real estate broker. I am trying to get my feet off the ground with personal investing by networking and deal hunting, and my hopes are to find some seasoned investors that would be interested in JV'ing with me on the first few deals that I find. I am sending letters and cold calling on 5-25 unit multi-family properties in the North Houston area, but I am also keeping an eye out for distressed SFH. Does anyone want to connect? I'm trying to hit this at full force and could use some guidance!