All Forum Posts by: Brendan M Brown

Hey all. 
I recently heard of someone who has acquired a lot of property recently. Some main st village type property, mixed use with store fronts etc. I heard through the grape fine that he had recently started “scooping up” properties here and there and shes going to be starting in this next area soon. 
As a young man and young investor, I’m having trouble with a few things.

1)finding a property with a decent return. 
2) finding a primary residence that doesn’t cost and arm and leg (rent or own). 

I feel a lot of young investors are possibly in my position. For starters, they are having trouble even keeping there cost of living low while starting new families. Secondly, trying to achieve wealth through over priced real estate markets seems impossible.

If I can do one thing, one daily lever to pull, how can I be the guy I described in the beginning?

I love real estate so much but I can’t even get in, and my dream is to be the guy improving property for the good of the world. Any thoughts?

Thanks to anyone that responds.

Hello all.

I recently signed up for ReboGateway, which if you are unfamiliar with it is a public record database. I must say, it is really cool. Tons of information on there. However, with all this information, what do I do with it?

I know where in my market I'd like to target, but I'm having a hard time figuring who I want to market to. 

I know I know, "What's your strategy Brendan?". Well, I am currently looking for a live-in rental (triplex -Quad) while simultaneously attempting to start a side-flipping hustle. 

Ultimately, my question is, without actually having to drive around the city every day, is there a way I can narrow down distressed properties through the use of public records? The only thing I can think of is looking for properties that have lower assessed values or transfer values.

Any suggestions?

Thank you @Chris Levarek, this makes a lot of sense and definitely will allow me to make a better decision going forward. Thanks to the both of you for responding so quickly as well.

@Nathan G. Wow, that’s pretty wild! Apparently my Dad is a real nice guy.

I appreciate the advice Mr. Nathan.

I am soon to start my real estate investing career when I sepearare from the military next month.

My father mention to me that if I wanted he would sell me his home (that he owns free and clear) for much much lower than it’s worth.

Now I started to consider it, and came up on the thought of, "if I purchased it for much lower, could I then have it appraised and get a larger loan on the value?" Almost like a BRRRR strategy without the rehab part.

This sounds almost illegal and unethical, so I’m just curious as to the answer if there is one to this.

Let me know, thanks!

Hey all! I love this question, as I feel everyone has their own “unique” circumstance to why they can’t start investing yet. I to, am that stereotype. My excuse currently is that I’m active duty military and I’m deploying this weekend for 6 months overseas. I want to finish up my active duty career next year and then begin head on onto a real estate career. I am currently taking the time to devour as many books as I possibly can on commercial real estate, as well as listen to numerous different podcasts in the morning before work. I feel as though people may beat themselves up about how they think they have an “excuse” or it isn’t the “right time”. I feel that the statue quo for getting into real estate is to drop everything today and start before you psyche yourself out! Everyone has different circumstances, and if you aren’t completely ready to dive in, then wait. I believe you won’t be successful if you aren’t prepared mentally and spiritually. If you’re heart isn’t in it and it’s not the right time, be patient. However, one must set some goals for the future and work for it so that you won’t look back on life and say, “shoulda, coulda, woulda.” Thanks all, and I love all your posts!