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All Forum Posts by: Brian King

Brian King has started 1 posts and replied 11 times.

Post: New to the Real estate game

Brian KingPosted
  • Posts 11
  • Votes 4
Quote from @Jaycee Greene:
Quote from @Brian King:
Quote from @Jaycee Greene:
Quote from @Brian King:
Quote from @Jaycee Greene:

OK, so how do you plan to fund these fix/flips? Use your own money? Borrow from others? Take on an investor? A mix of 2 or more?


 More than likely a blend of my money and other sources.


So, I'm assuming "other sources" is equity, not debt. Contrary to most business lending, the REI industry has a lot of "non-bank" lenders that provide attractive loans that can lower your cost of capital and improve your profit/cash flow.


 Jaycee, it will likely be personal income with other money coming from a lender.

@Brian King What about something like this for a fix/flip in Smoketown: https://www.realtor.com/realestateandhomes-detail/822-S-Hanc...

Thats in the ballpark.  I am looking at cheaper homes that need a little more work as well.  I am on Realtor.com most days looking around.

Post: New to the Real estate game

Brian KingPosted
  • Posts 11
  • Votes 4
Quote from @Dominique “Dom“ Leal:

Hello Brian! Awesome to see a new investor-minded person here.. do you have a favorite real estate success story already?


 Hi "Dom!"  I do not have any stories to share currently but hopefully I can make that change.

Post: New to the Real estate game

Brian KingPosted
  • Posts 11
  • Votes 4
Quote from @Jaycee Greene:
Quote from @Brian King:
Quote from @Jaycee Greene:

OK, so how do you plan to fund these fix/flips? Use your own money? Borrow from others? Take on an investor? A mix of 2 or more?


 More than likely a blend of my money and other sources.


So, I'm assuming "other sources" is equity, not debt. Contrary to most business lending, the REI industry has a lot of "non-bank" lenders that provide attractive loans that can lower your cost of capital and improve your profit/cash flow.


 Jaycee, it will likely be personal income with other money coming from a lender.

Post: New to the Real estate game

Brian KingPosted
  • Posts 11
  • Votes 4
Quote from @Jaycee Greene:

OK, so how do you plan to fund these fix/flips? Use your own money? Borrow from others? Take on an investor? A mix of 2 or more?


 More than likely a blend of my money and other sources.

Post: New to the Real estate game

Brian KingPosted
  • Posts 11
  • Votes 4
Quote from @Meghan Carson:

@Brian King

Hi Brian, Welcome to Bigger Pockets!  Wishing you the best. 


 Thak you Meghan.

Post: New to the Real estate game

Brian KingPosted
  • Posts 11
  • Votes 4
Quote from @Jay Thomas:

Hi Brian, welcome to the BP community!  Wishing you the best with your exam and your journey ahead.


 Thank you.

Post: New to the Real estate game

Brian KingPosted
  • Posts 11
  • Votes 4

Yes I have Ryan.  I don't have an interest in any markets other than where I reside.  Im primarily interested in fixers and ltr's (single family and multi family.)

Post: New to the Real estate game

Brian KingPosted
  • Posts 11
  • Votes 4

Hi Jaycee.  I would like getting into those in the future. Right now my focus is going to be on the fix and flips to start generating some income.  And then I want to progress into single family units and so on.

Post: New to the Real estate game

Brian KingPosted
  • Posts 11
  • Votes 4
Quote from @Preston Dean:

Hi @Brian King

Welcome to BP!

The best advice I can give you for studying for you license is to voice record yourself reading questions and answers on notes cards. Then when you are driving in the car or doing anything you can listen to it and it helps alot!

Best of luck in 2025!


 Hi Preston.  Thanks for the advice.  The amount of reading and information you have to consume to sit for the exam is bonkers.  I am 70% thru the materials and will likely go back and do a quick review of all materials before siting for the exam.

Post: New to the Real estate game

Brian KingPosted
  • Posts 11
  • Votes 4
Quote from @Jaycee Greene:
Quote from @Brian King:

Hello everybody!  I have been binge listening to The Bigger Pockets podcast for the past few months and have learned a lot so far.  I currently have a lawn care business that I run myself.   I am wanting to get into fix and flips and eventually long term rentals.  The goal is to slowly build a real estate portfolio and get to a point that I can eventually sale my business.  I am also studying to get my real estate license and anticipate sitting for the exam at the end of February.

Hey @Brian King, welcome to the BP Forum! What type of properties are you looking to acquire for your fix/flips? And how much rehab are you willing to do?


 Good evening Jayce.  Here in Louisville I am looking in C to C- areas. For fix and flips I want to stay away from total rehabs and focus on properties that need minor work such as kitchen, bathroom, paint, outdoor improvements, etc.  Eventually I want to get into single family and multi family rentals.

As far as effort or work on the fixers;  my brother in law is quite handy and my next door neighbor has said he would help in anything that is out of my scope of expertise.  I am not allergic to doing work as I have a lawn care business which is labor intensive.