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All Forum Posts by: Caleb Brown

Caleb Brown has started 8 posts and replied 3299 times.

Post: Dave Ramsey says RE should be 5% of portfolio

Caleb Brown
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,402
  • Votes 2,395

@Jonathan Hulen right. Loans are a good vehicle but if you aren’t educated in using them they can be. Most successful investors here are the exemption. I disagree with Dave Ramsey with avoiding mortgages and sticking to mutual funds.

Post: Dave Ramsey says RE should be 5% of portfolio

Caleb Brown
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,402
  • Votes 2,395

@Chris Wilkening I’ve been consuming Dave’s content for a few weeks and he’s big on no debt and saving. He doesn’t go into real estate investing and is the old fashioned investor where you save everything. Personally I get where he’s coming from but his approach doesn’t work for some people. His approach is for people who don’t budget and can’t control their finances. Just my personal take on him.

Post: $20,000 Cash...What Do I Do?

Caleb Brown
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,402
  • Votes 2,395

I like the idea of @Jim Blackburn, depends too how much multi family is there.

Post: What Do You Prefer In An Agent?

Caleb Brown
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,402
  • Votes 2,395

I work with investors as an agent. What do you like in an agent and what drives you nuts?

Looking to improve and network :)

Post: Locations to focus on for newbie BRRRR with cash.

Caleb Brown
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,402
  • Votes 2,395

@David C. Kansas City is a hot market but there are deals out there. Prices have been rising steadily but you can find BRRRs below 80K. I work with a California investor, it's about finding the deals and making offers. Would be happy to discuss.

Post: Can BRRRR ruin your cash flow?

Caleb Brown
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,402
  • Votes 2,395

Taking notes on what you guys are saying. Great advice!

Post: Intro and Questions...

Caleb Brown
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,402
  • Votes 2,395

Greta thank you Jerry!

Post: Intro and Questions...

Caleb Brown
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,402
  • Votes 2,395

Hey guys super excited to get more involved in BiggerPockets. I've been listening to Youtube/Podcasts but want to dive deeper. I am located in the Kansas City market which has been booming. I am 19 I got my license last year after graduating high school early. I've been helping buyers of all types and enjoy it. The investing side intrigues me the most because I can build wealth and leave a legacy. Working towards saving money along with building credit.Owning multi-family along with developing is the strategy I want to pursue. The few questions I have are...

1) The ideal property for my first investments would get a 2-4 unit and live in one unit. Is conventional or FHA the best financing? I'd be able to do 10%-20% if I went the conventional route.

2)Thoughts on property management for the first one? I'd want a property manager to manage since it'd be a lot to handle. 

3) Partnering a good idea for the first one? If I did partner what would the best way to structure it?

I'd appreciate any feedback and would love to connect with new investors :)

Post: Monster 3 unit BRRRR complete!

Caleb Brown
Posted
  • Real Estate Agent
  • Kansas City
  • Posts 3,402
  • Votes 2,395

Wow that's a great deal! More good ones to come hopefully!