All Forum Posts by: Brian Turnbough

you can go to NADA and it should give you a value. Have you priced moving it. May cost anywhere from $2500 to $10K to move. If you move it to a lot then you have to figure out the land cost and value of the trailer. Anything can be flipped if you know what your doing.

1 Vote

Joe, I think you got it right. I was afraid to fail for so long that I didn't even try. When I looked back at the jobs I have worked, I see that I failed everyday until I learned how to do it right. Now I'm not afraid to fail because I know I will learn what not to do. Thanks for the post.

2 Votes

Are you from Texas? Why would you want to invest in a market you don't know? Have you read Rich Dad Poor Dad? In the book the author talks about how costly and time consuming it is to own a property that's more than an hour away from where you live. Personally I bought my first properties close to where I live. I'm sure if you look hard enough, you will find a deal within an hour or two of where you live.

1 Vote

What would be the benefit of using separate accounts for each property? I use one for my LLC and keep my personal seperate. Having a good rent roll and spreadsheet should be sufficient.

1 Vote

Congratulations! Yes, you are now in the game.

1 Vote

Congratulations! Yes, you are now in the game.

1 Vote

Originally posted by @Jake Knight:

@Brian Turnbough I like the idea of the 6-hr round trip instead of a daily commute! But unless I have a trustworthy partner in that area to do the daily managing, I'd be better off staying closer to home.

To answer your question, I am definitely looking into my area but there are just larger barriers to entry- such as the $900k median home price. I'm only a few weeks into building my game plan so there's still some research, networking and due diligence to be done. If there's a will, there's a way.

What did you decide to do? Have you been able to find anything yet?

0 Votes

Originally posted by @Virgilio Garcia:

@Brian Turnbough that sounds like a dream. i love the idea of it. there has got to be a major payoff emotionally in raising and molding your children to do well or at least decent in life. to be able to work with them and build family wealth is such a great picture to me. i hope all the best for you and your family.

@Account Closed i have read your response and

i am thankful that there are people like you.

thank you for your input.

You said it right, "sounds like a dream", it is mine. They have to make up their owns minds. From what you have said sounds like you will take the same path with your kids. What is your niche going to be?

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Thank you for serving our country!!

Congratulations on finding BP. Your right, there is a ton of information and the fee for the Pro is well worth it. I don't know why anyone wouldn't pay the small price to get all of the webinars and tools, except if they're not really wanting to succeed in real estate.

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Originally posted by @Mike Collier:

Originally posted by @Renae Hottle:

This is awesome @Mike Collier

My son lives in your area and has a list of good contractors, if this helps let me know!

That's always good to know. Thank you Renae! If you want to inbox me his info I'll keep it for if/when I need a good referral.

Sounds like you got a good deal. Looking forward to see how the project turns out. Thats the time frame I use as well, 30 days. Using contractors you can get a lot done in a short amount of time.

0 Votes

All Forum Posts by: Brian Turnbough

Brian Turnbough has started 7 posts and replied 139 times.

Post: Flipping a mobile home

Post: Take action

Post: Looking to invest in my first investment property this year.

Post: Financial planning for buy and hold

Post: Just closed on first deal!

Post: Just closed on first deal!

Post: Rehabs out of immediate area

Post: Serious Question! Not ment to offend anyone!

Post: Bigger Pockets PRO membership!

Post: Working On My First Fix-n-Flip!!