All Forum Posts by: Charles Craggett

Hello BP!  My name is Justin Rivord.  I am completely new to real estate but that's why I'm here!!  I am 25 and currently a college student but I honestly don't know if college is really right for me.  It's not for everyone and I'm starting to realize that.  I've always been interested in real estate and just recently really got into learning about investing in real estate.  I feel its time for me to change paths and try to make a bright and successful future for me and my family and I believe real estate offers a great opportunity for that!  So I'm here to learn as much as I can! Thanks for your time!!

Does anyone invest in Ohio or the midwest?  I am thinking about branching off into those areas.  Good market?  Would love your thoughts...

Hello All,

My name is Michael and I previously lived in Atlanta and returned August 1st of this year. I currently work for a nonprofit operating a public program managing the acquisition, rehab, and disposition of 25 single family homes a year.

While my current and previous employment taught me a great deal about the single family market and rehab, I am interested learning about private sector real-estate investing and financial tools.

My goal is to have my own single-family development company within the next 2 years, and am serious and driven about this goal.

I'm interested in learning from this site, and from all of you

:)

Michael-

Study finance. I work for a large Commercial firm and almost all developers (those that didn't inherit) have very deep knowledge of finance. Developing a building is all about the numbers.

Sorry I know that's glib but it's true. Developing a building is all about the end profit. And if you don't have the funds to go it alone most investors of significant proportion are strictly numbers people. (Those that inherit have the numbers person around them all the time).

Most want things like argus projections and heavy market data to quantify your vision. If you're not a finance person study it. Learn the terms and how to get to the numbers the investors want to hear. A little bit of salemanship to sell your plans and vision as well helps open the doors.

One other piece of advise, not sure where you live but get into networking with those already doing it. There are chapters of young professional groups in most cities. You'd be surprised the doors that can open

Sorry if I'm off base and over reading. I deal with it everyday on the large commercial side so I went there.

My long-term real estate investing plan includes one full-scale real estate development by  the time I am 30. I am a little way from turning 30, but I want to start learning what I can now about development and build to suit properties.

Developers -- What is the best way to get started in the world of real estate development? What would you encourage a mid-20s investor to do in order to prepare for a career in development investing?

So this morning I get a text from a wholesaler about a property. He is asking $50,500 and I Google the address and surprise surprise, the house is listed on MLS for $45,900. It has been active for about 30 days.

It's like me buying a TV from Best Buy for $1,000 and posting it on CL for $1,200 and hoping a sucker bites.

It's a complete waste of time and in my eyes the wholesalers lose their credibility instantly doing this.

My question to other wholesalers on BP is what is even the point of all this? Are you that lazy that you can not go out and find a deal by working hard? Or you think that the buyers are that stupid that they will happily overpay for a house? Where is the value add in the deal?

Hi all! I'm in the marketing department of a real estate investment company (turnkey properties), so my forte is more copywriting, social media campaigns, and marketing collateral design. But recently the president of the company has informed us (the marketing department) we need to find wholesalers...so my questions is--where the heck do you find wholesalers? I apologize if this is a dumb question. I see lots of discussions on here from wholesalers and warnings about them, but where does one go to hire them?

I've already posted in the marketplace that we're seeking wholesalers, but is there an obvious site or method to finding them? Thank you, thank you, thank you from this newbie.