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All Forum Posts by: Brian Hall

Brian Hall has started 4 posts and replied 43 times.

Post: Negotiating with the bank when buying a foreclosure

Brian HallPosted
  • Attorney
  • West Deptford, NJ
  • Posts 45
  • Votes 8

@Shawn Jacobs that is insightful. Where would someone go about developing a relationship with someone in special assets?

Post: wrap around mortgages

Brian HallPosted
  • Attorney
  • West Deptford, NJ
  • Posts 45
  • Votes 8

You should check out @Grant Kemp and BP Podcast #70

Post: New Member from Southern New Jersey

Brian HallPosted
  • Attorney
  • West Deptford, NJ
  • Posts 45
  • Votes 8

Thanks @Brandon Turner! What are you doing up so early man?!  Your are welcome about the podcast.  I have been recommending it to everyone I talk to.  I will be sure to set up my key word alerts.  Have a great day!

Post: New Member from Southern New Jersey

Brian HallPosted
  • Attorney
  • West Deptford, NJ
  • Posts 45
  • Votes 8

Thanks @Nathan Paisley As a NJ investor, what keywords do you monitor?

Thanks @John Moore.  I am having a meeting with my cousins tomorrow night. I actually just drafted a short agenda that includes capital contributions, and which niche we want to concentrate on.

Thanks @Paul Timmins I am for sure going to attend more local REIA meetings.  I was online last night looking up the Landlording sub group meeting times.  I already read the J Scott Flipping book, but I will definitely check out the other BP book you mentioned.

@Chaz Reid are you an Army vet as well?  Thanks for the post.

@Griffin Fehrs Thanks for the post.  I am glad to see so many northeast guys on here.  Do you find the high market prices and tax rates prohibitive where you are located?

@Larry Fried That is my exact thinking.  If my cousins can get a good team running, they can flip if they want to flip, and I can use them to rehab my buy and hold properties.

Thanks everyone!

Post: New Member from Southern New Jersey

Brian HallPosted
  • Attorney
  • West Deptford, NJ
  • Posts 45
  • Votes 8

Welcome!  I am in West Deptford, NJ.  How did the deals work out?

Post: New Member from Southern New Jersey

Brian HallPosted
  • Attorney
  • West Deptford, NJ
  • Posts 45
  • Votes 8

Hello! I am a husband, a father of twin 5 year old boys, an Army veteran, and an attorney by day.  I am also not afraid to say that I have been in analysis paralysis for over 11 years.  I read Rich Dad, Poor Dad (cliche I know) the day I went to basic training in late 2003, and have read many other books over the years.  I have been working my way through the BP podcast for the last 3 months or so.  Currently on episode 72. 

Big news as well: I went to my first REIA meeting tonight! I was on their email list for about 4 years and finally went tonight. I collected some cards and met a realtor who works with investors.

Now that I got the enlistment, marriage, babies, and law school out of the way, I am ready to do this!

The plan: I have two cousins in the construction business who have been doing exteriors for a rehabber for a couple years.  They mentioned they wanted to get a bigger piece of the action, and asked if I wanted to be their "suit" and do the aquisition and sales while they handled the management of the actual flip.  While flipping is not my ultimate goal, I think it will be a great way to get my feet wet and learn the ins and outs of rehabbing a property.  Eventually I want to parlay that knowledge into a buy and hold portfolio of my own.  I am not sure if that buy and hold portfolio will be in NJ due to high taxes and tenant friendly laws. 

Anyway thanks to Brandon, Josh, and all the guests for killing it on the podcast. And thanks to all the members that I have already connected with.  Good things are coming.

Post: First response on letters!

Brian HallPosted
  • Attorney
  • West Deptford, NJ
  • Posts 45
  • Votes 8
Elliot that is quite the response rate! How did the meeting go today?

Post: Developing our business strategically

Brian HallPosted
  • Attorney
  • West Deptford, NJ
  • Posts 45
  • Votes 8
This inspired me to go on Amazon and order the millionaire next door. I have been meaning to read that for years. Now the task is convince my wife to read it too!

Post: Newest Flip

Brian HallPosted
  • Attorney
  • West Deptford, NJ
  • Posts 45
  • Votes 8
That is great. Do you mean there was 93k left on the mortgage or it was originally a 93k mortgage? And why did the seller agree to the 20k? Thanks!

Post: Flip #2

Brian HallPosted
  • Attorney
  • West Deptford, NJ
  • Posts 45
  • Votes 8
Congrats and good luck. Looking forward to seeing the progress.