All Forum Posts by: Brock Mogensen

There are multiple avenues you can take when it comes to incorporating Facebook into your real estate investing. First, the most simple approach is to join all your local Facebook REIA groups and stay active in those by letting everyone know what your goals are. The next, more vigorous approach is incorporating SEO into your real estate marketing strategies. I would highly suggest getting a website built for your company if you really want to get the most out of your Facebook marketing. By having a website you can point everything you do on Facebook to your website. If you want to learn some basic SEO back link approaches look into ordering some books on the subject!

The monthly meetup at bull n bear as mentioned above is a great one to go to!

I have a quick question regarding what to put my loans under, my name or the LLC. I know there are many forums about this topic already and I have read many of them but I wanted some input on my specific situation.

I have a duplex under contract right now and I am debating whether I should put it under my name or the LLC. I am getting my loan through a mortgage broker and they do not do loans to LLC's so the only way I could do it would be to transfer it over after.

The only reason I started the LLC was to have a name to direct all of my marketing efforts towards and in order to do flips I found that I can get better rates by having an LLC from HML's. I am not to worried about the insurance coverage aspect at this point because I don't have much to my name right now (a car and some cash in the bank).

I'm thinking the best option for me is to put this first duplex under my name and do the flips under the LLC. Then once I start acquiring more buy and hold's deal with the dilemma of putting the loan under my LLC. Does this seem like the best method for my situation?

Thanks!!!

As you probably already know finding great deals is tough in this competitive industry but definitely possible. In regards to practicing analyzing deals, to build an analysis process I browsed the MLS and scoped out some deals that looked interesting and would analyze them in all aspects, as I would if I were actually going to buy it. There are many calculators you can use to analyze deals or you can create an excel analysis tool too.

I'd recommend being honest with the agent and let him know exactly what you are looking for.  The real estate agent is definitely going to ask you if you have funds approved for your budget and if you don't he/she will most likely not put much effort in finding you a property.  However, it never hurts to build relationships with people in the industry.  Also you should definitely start with going to your local REA meet up's. 

Attorney Bertolotto with Rizzo and Diersen law in Kenosha.  He specializes in real estate investing.  They respond quickly to emails, let them know I sent you!

I am beginning to search for potential partners in the Southeastern Wisconsin area that would like to team up.  My goal is to create a team and begin to get to know each other and see if we can work well together.

I plan to get into large multifamily syndication deals within a 1-2 year timeline.  In this time span I am doing flips and saving from my current professional career.

In this 1-2 year timeline we would we would meet on a consistent basis and develop a solid plan of action to acquire these syndication deals.

At this point I would like to connect with people and see if our interests align and if we could work well together.

I currently have interest from several people that have either an extensive finance background or have many properties in their portfolio already.

I currently have no deals in my portfolio but what I bring to the table is experience in building websites, marketing (specifically search engine optimization), good financial understanding, and a great ambition to succeed in real estate.

If this is something that interests you please message me for more information or to ask any questions.  I am located in Kenosha but I am open to people located in surrounding areas like Racine and Milwaukee.  I am not ruling out people that are located out of Wisconsin also! 

I was wondering what the best envelope and paper size is for direct mail.  I was thinking an A6 size envelope with A6 size copy paper.  Has anyone found better success using postcard thickness A6 paper compared to regular A6 paper?  Or should I use a bigger size paper?

I sent out my first batch of direct mail today in regular business envelopes with a standard paper size.  I've read all of the posts about direct mail so my message and font were clear.  The blogs just didn't talk to much about what envelope and paper size they use.  

I appreciate any advice!

That's an awesome deal with a solid ROI! I'm planning on using the BRRRR strategy on my first property so seeing success stories like this is inspiring.

I'm in the same dilema right now.  There's a lot of 2-1's and not many 3-1's in my area for a good price.  I'm to the point where I'm just ignoring the bedroom count and basing it off of what my total cash flow each month would be.