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All Forum Posts by: Brian Jackson

Brian Jackson has started 1 posts and replied 54 times.

Creative Real Estate Financing

Post: Opening a HELOC on a primary home bought via Subject To??

Brian Jackson
Pro Member
Posted
  • Realtor
  • Akron, OH
  • Posts 55
  • Votes 39

I would call the smallest of small local banks. Let us know what you find out.

Best of luck Navid!

1 Vote
Creative Real Estate Financing

Post: Seller financing my current personal owned to my LLC and PROTECT myself w/ insurance?

Brian Jackson
Pro Member
Posted
  • Realtor
  • Akron, OH
  • Posts 55
  • Votes 39

I would not worry so much about the LLC if I were you. Just make sure you have the proper insurances.

Best of luck John!

0 Votes
Upstate New York, New York
Starting Out

Post: Buy now or continue to save?

Brian Jackson
Pro Member
Posted
  • Realtor
  • Akron, OH
  • Posts 55
  • Votes 39

Time in market over timing the market.

Buy now and then save for the next year and do it again.


Best of luck on your journey!

0 Votes
Houston, Texas
Starting Out

Post: Best place to list rentals

Brian Jackson
Pro Member
Posted
  • Realtor
  • Akron, OH
  • Posts 55
  • Votes 39

I think each market is unique but I list on the majors (Zillow, RentRedi) but have received the most attention on Facebook Marketplace. For reference my rentals are in Akron, OH.

2 Votes
Orlando, Florida
Starting Out

Post: Starting my real estate journey

Brian Jackson
Pro Member
Posted
  • Realtor
  • Akron, OH
  • Posts 55
  • Votes 39

Hey Ketul- There are many strategies that you can use to find success in investing. Best of luck on your journey. The resources on this site are amazing!

0 Votes
San Jose, California
Questions About BiggerPockets & Official Site Announcements

Post: 40,000 Posts! (Almost) 60,000 Votes - Congrats Jay!

Brian Jackson
Pro Member
Posted
  • Realtor
  • Akron, OH
  • Posts 55
  • Votes 39

Jay 2024!

3 Votes
Rehabbing & House Flipping

Post: What to look for when buying a fixer upper in Ohio?

Brian Jackson
Pro Member
Posted
  • Realtor
  • Akron, OH
  • Posts 55
  • Votes 39

If unsure I would recommend catching a flight to the area and go see 10+ properties. Cleveland and Dayton are 3+ hours apart so I would probably pick on or the other. We are in the Akron area but service Cleveland as well. Cleveland is going to be more competitive that the Dayton market.

Why are you looking for a fixer upper? Do you have a contractor that you plan on using or are you figuring all of that out later?


Best of luck!

2 Votes
Managing Your Property

Post: Property Manager not distributing funds

Brian Jackson
Pro Member
Posted
  • Realtor
  • Akron, OH
  • Posts 55
  • Votes 39
Quote from @Marty Neville:

Just reviewed my transaction history from my bank which confirmed my property manager has not distributed rent for 12 months, I have requested a full disbursement. I'm an out of country investor - what are my options to have funds reimbursed?


 Please share with me who this was. I am an Akron realtor/investor that self manages but have out of town investors and want to be sure not to recommend this person to them.

If you are ever in a pinch or need someone to pop by one of your properties let me know and I can try to help out. Not many good PMs in this area.

Thank you and best of luck.

0 Votes
Akron, Ohio
Guru, Book, & Course Reviews

Post: Mentorship program for $40k

Brian Jackson
Pro Member
Posted
  • Realtor
  • Akron, OH
  • Posts 55
  • Votes 39
Quote from @Don Konipol:

I do not personally know anything about "Mike & Ken the Subto Guys" or know anyone who bought their program.  But after 45 years in the business, I can tell you that my general feeling is that the "Subto Guys" are different from the numerous BS guru/mentorship programs we see out there.  Here is why I feel this way

1. They are constantly answering questions and partaking in forums on BP.  Most BS gurus either don't participate at all our only show up when their program is called into question

2. The Subto Guys website cite specific transactions in which they successfully did deals that reflect their teachings

3. They offer what seems to me to be an unbelievably generous guarantee

4. They don't market their particular niche as a get rich quick, an anyone with our training can do it, or an "it's simple and easy" formula; instead they acknowledge potential legal issues, the financial limits of the sub to financing, and the need for state specific legal advice.

Maybe I'm way off....but to me these guys seem legit. 

 If someone has $40,000 for a possible mentorship program they are not at the stage in the business where creative financing is needed. If you are new you probably won't even understand most of the common terms used when discussing sub2. 

1 Vote
Guru, Book, & Course Reviews

Post: Mentorship program for $40k

Brian Jackson
Pro Member
Posted
  • Realtor
  • Akron, OH
  • Posts 55
  • Votes 39

Go to YouTube University for free and go start buying! Too many resources that are free/cheap to spend $40,000. The $40,000 mentorship might be beneficial for someone who is maxed out and can't figure out how to scale. As a noob you do not need anything other than money and free education.

2 Votes