All Forum Posts by: Bryan Martin

@Manuel Villegas Without knowing your full profile, best advice I can give you is download Credit Karma and follow their advice. Just doing that will get you 90% of the way there.

@Brett Tvenge One I'd like to attend after Covid is an in person Bigger Pockets Conference. A lot of my goals align with the mission of the community, so think it makes sense.

@Jay Hinrichs @Andrew Meikle The Wedding Company makes a lot of sense. It may be tough getting established, but weddings are expensive and I imagine it's busy year-round in Hawaii.

Have you spent substantial time on the island? If not, maybe try to get a job there or even a remote job you can do from home to start until you get a feel for what is needed on the island. I personally think the juice business probably has a high probability of failure. I could be wrong though as I'm by no means an expert.

@Aiman Bennroua I personally advertise primarily on Facebook (Marketplace and Local Groups) and Zillow and their affiliates. I then have them apply on Zillow. It's a little clunky for the applicants, but since most are familiar with Zillow, they feel safe putting in their credit card. As for managing tenants, I'm looking into software right now, but I just bill them monthly using QuickBooks and I can email/text them a link to their invoice. All my tenants like it and it only takes me about 5 minutes a month to do.

@Andrew Meikle Hi Andrew, I'm not sure what your actual question is. Can you clarify what you're looking for and then we can try to help?

@Justin G. At this point in my investment journey, 3/2 SFH 1200+ Sq Ft in good school districts. Very passive investment with the right systems in place even without a property manager and able to charge a premium rent.

I'd eventually like to get into medium to large multifamily, but after all expenses and the current costs, I haven't found one that makes a ton of sense. In my area, why buy a fourplex at $200k with 4 units that rent for $600/month and have utilities, trash, lawn care to pay for when I could buy a single family for $150k that rents for $1600 and no expenses except PITI, CapEx, Maintenance and very little vacancy.

@Joe Villeneuve I meant the normal principal paydown with the rent payments. Not paying any extra.

@Justin G. Not as many as others. I have a Crystal Clear Criteria as Brandon Turner calls it. If it doesn't meet it, I don't offer on it. If it does. I make an offer and usually get it. With interest rates so low right now, I don't mind paying a little extra to make sure I get the property if it's something I want.

@Antony Munoz Congratulations on starting your journey. I'd find some investors or a property management company to work for. You'll learn so much more from successful people by working with them then you will by having a cup of coffee or lunch.

@Emily Beck I have a Bachelors in Math and a Masters in Business Administration. I would say the education in both of those areas has helped, but not anymore than BiggerPockets. While the degree doesn’t help directly, the degree will often help you get a job with a higher income. The higher income will help you get bank financing. The bank financing will help you buy nice properties at good interest rates.

So, while I don’t think the degree is necessary or even directly beneficial to real estate investing, I think there’s some great indirect benefits to having a college degree. That being said, don’t go into student debt for a degree that won’t help you land a job. Get the degree to get the job that will pay for your debt in a timely fashion.