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All Forum Posts by: Anthony White

Anthony White has started 10 posts and replied 55 times.

Post: Thank you Bigger Pockets! From 0 to 15 Doors in a Year!

Anthony WhitePosted
  • BUENA PARK, CA
  • Posts 58
  • Votes 333
Originally posted by @Jonathan Taylor:
@Anthony White That’s wonderful story! Could you please elaborate on how you achieved this accomplishment? I’m in CA and bidding on my first properties this week but plan on moving out of state next year.

 As I stated Earlier....

What I did first was learn and listen to all the podcasts I could, especially on Bigger Pockets, now with a 5 and 1 year old running around and my wife need as much help as possible around the house, it’s not like I could ask for some quiet time and go to my study to read quietly. Haha

So podcasts were essential for me - grocery store shopping, on the way and home from work, taking my daughter for a walk - anytime I could find to listen, I did.

At first i came on bigger pockets to find deals, Redfin, Zillow, realtor.com all the different site have homes- it was just a matter of finding where in Memphis.

Then I called and interviewed tons of Property Management companies, I probably called 5-7. Just to express that i was interested in starting there, and what they offered and what their thoughts were on areas that would rent consistantly and safely.

Some great things did happen by chance - like finding my realtor Duane Kinnard, of Tri-Leake Realty, it just so happened I called on maybe 30 different properties. And left probably 60 messages. But the homes he listed- when I called, he picked up - not just once or twice, ALL THE TIME- and if he didn’t I’d get a text that he was busy and he’d call me right back - then we conversed about what my goals were and he is someone that was born and grew up in memphis, even bough he was young, he was hungry to make a name for himself and had deep roots within the community where he knew and could see things that have benefitted me. I have more great stories about that.

The Management story is a whole other thing, needless to say - I went to the Big company route - thinking it was safe and all the red tape tenets had to go through to get in - my property and my rents would be safe - but it didn’t work out - I lucked into another person starting up their own management business and now she manages all 15 of mine and 35 total. She is incredible!!!!

For contractors - my realtor Duane and My property manager have handled everything - I am in the middle of a rehab now, my biggest yet. All done remotely - and so far going great.

When it comes to a lawyer - the one I use again was set up by Duane Kinnard, Mr. Kim has been nothing but professional and I trust him 100% he has even helped me attain an LLC so I can begin that process of moving properties over. But it has been a blessing.

I also have a wholesaler @JasonHopkins Who sold me by first deal - on here that I sold for Double 8 months later.

Basically - when I was looking to build a team - I looked for people like me, just in their field - just like the teams I coached, I never got what I expected, I got what I inspected. Therefore, communication is key for me - I want calls, emails, texts, pictures, everything. I love being involved, because I’m not wealthy or rich - so every rent payment missed is felt and because my team is so young and hungry trying to accomplish their dreams too - they feel it too. 

Post: Thank you Bigger Pockets! From 0 to 15 Doors in a Year!

Anthony WhitePosted
  • BUENA PARK, CA
  • Posts 58
  • Votes 333
Originally posted by @Dan Handford:

@Anthony White Great story! Very awesome! Sounds like you truly are in "relentless implementation" mode.

I came and grew up a lot worse, you know what I used to tell my Football teams, "Once you've been hungry - You should NEVER be full"

Post: Thank you Bigger Pockets! From 0 to 15 Doors in a Year!

Anthony WhitePosted
  • BUENA PARK, CA
  • Posts 58
  • Votes 333
Originally posted by @Eric Wexler:
@Anthony White

Congrats! Why Memphis? So far from Cali!

 For me it was all about Cash Flow... The price of the homes seemed low enough for me to diversify with different types of properties too. So it worked out - I know its not the best of area's but its what I could do to start. Instead of wasting more time watching and hearing everyone else make moves!~

Post: Thank you Bigger Pockets! From 0 to 15 Doors in a Year!

Anthony WhitePosted
  • BUENA PARK, CA
  • Posts 58
  • Votes 333
Originally posted by @Caleb Heimsoth:
@Anthony White

I hope your managers are really hands on. Those low rents and tenant type can be a bear to manage.

Wish you the best

 As stated before - we work hard everyday! #Work2Win

Post: Thank you Bigger Pockets! From 0 to 15 Doors in a Year!

Anthony WhitePosted
  • BUENA PARK, CA
  • Posts 58
  • Votes 333

Yes sir it has! I'm not a guru or someone that is rich or anything - It about working for what you want!

Post: Thank you Bigger Pockets! From 0 to 15 Doors in a Year!

Anthony WhitePosted
  • BUENA PARK, CA
  • Posts 58
  • Votes 333
Originally posted by @Account Closed:
@Anthony White this is inspiring! My wife and I want to get to this point. Have you ever been to Memphis to set up your local team or have you done everything remotely? And how did you get started working remotely?

 I went to Memphis once last year and once this year- EVERYTHING was mostly done by phone, text, email- that is why communication was ESSENTIAL when choosing Duane and Cicely as my key members of my Team. 

Post: Thank you Bigger Pockets! From 0 to 15 Doors in a Year!

Anthony WhitePosted
  • BUENA PARK, CA
  • Posts 58
  • Votes 333
Originally posted by @Cameron Sylvester:
@Anthony White Hi Anthony, Do you still teach, if not when did you give it up (how far into your journey)? I am looking to invest in homes (single or multi) but its hard to pull the trigger. What's the best advice about finding the deal and then closing? Thank you

 I’m in my 15th year of Teaching History in O.C. CA. 

The best thing I can say, if after you have your market, budget, and permission from your wife (like me haha) is to run numbers- all I cared about was keeping my first duplex rented and having good numbers after they were rented. 

I knew that after I bought 1 property, and it couldn’t stay rented or I have a problem collecting rent. 

That would be the first and last property I owned. 

But once I got both sides rented. Collected the rent for 2 months- it was like having a part time job, without working and it grew from there. 

Post: Thank you Bigger Pockets! From 0 to 15 Doors in a Year!

Anthony WhitePosted
  • BUENA PARK, CA
  • Posts 58
  • Votes 333
Originally posted by @Kevin B.:

@Anthony White Great Job, Anthony!  Be proud of your results through your efforts for yourself and your family.  Teachers and Coaches often find success in real estate as they’re good at planning (game plans and lesson plans) and executing their plans.  Thanks for sharing.  Dismiss the negative comments here and Keep on your path of success!

 I treat it just like I did with my own football program. Set standards, find position coaches and #Work2Win

Post: Thank you Bigger Pockets! From 0 to 15 Doors in a Year!

Anthony WhitePosted
  • BUENA PARK, CA
  • Posts 58
  • Votes 333
Originally posted by @Dennis M.:
@Anthony White

Can you go in detail over the unsecured line of credit that you used . How much and what lending institutions

I used Orion Credit Union in Memphis TN and my contact was Chelsea White (no relation) but she worked with me as if I was family - we went through tons of different scenarios in order for this to work - She was Great! I won't go anywhere else. 

Post: Thank you Bigger Pockets! From 0 to 15 Doors in a Year!

Anthony WhitePosted
  • BUENA PARK, CA
  • Posts 58
  • Votes 333
Originally posted by @Kyle Neff:

Congrats, @Anthony White! Thanks so much for sharing! Very encouraging for another "newbie" in the room. Question(s) for you - did you jump in with your first property in TN? What gave you the courage to invest out of state and continue doing so? Can you tell me a little about the strategy - i.e. did you already have a team on the ground in Memphis (contractor, attorney, real estate agent, etc.)? I live in GA but am ready to dive in but I want to invest in Ohio and am wrestling with investing here for my first deal or two so I can be close to the property, or to dive in and invest out of state to begin. Very curious to hear your thoughts on this. Again - congrats on all your success so far!

 What I did first was learn and listen to all the podcasts I could, especially on Bigger Pockets, now with a 5 and 1 year old running around and my wife need as much help as possible around the house, it’s not like I could ask for some quiet time and go to my study to read quietly. Haha 

So podcasts were essential for me - grocery store shopping, on the way and home from work, taking my daughter for a walk - anytime I could find to listen, I did.

At first i came on bigger pockets to find deals, Redfin, Zillow, realtor.com all the different site have homes- it was just a matter of finding where in Memphis. 

Then I called and interviewed tons of Property Management companies, I probably called 5-7. Just to express that i was interested in starting there, and what they offered and what their thoughts were on areas that would rent consistantly and safely. 

Some great things did happen by chance - like finding my realtor Duane Kinnard, of Tri-Leake Realty, it just so happened I called on maybe 30 different properties. And left probably 60 messages. But the homes he listed- when I called, he picked up - not just once or twice, ALL THE TIME- and if he didn’t I’d get a text that he was busy and he’d call me right back - then we conversed about what my goals were and he is someone that was born and grew up in memphis, even bough he was young, he was hungry to make a name for himself and had deep roots within the community where he knew and could see things that have benefitted me. I have more great stories about that. 

The Management story is a whole other  thing, needless to say - I went to the Big company route - thinking it was safe and all the red tape tenets had to go through to get in - my property and my rents would be safe - but it didn’t work out - I lucked into another person starting up their own management business and now she manages all 15 of mine and 35 total. She is incredible!!!! 

For contractors - my realtor Duane and My property manager have handled everything - I am in the middle of a rehab now, my biggest yet. All done remotely - and so far going great. 

When it comes to a lawyer - the one I use again was set up by Duane Kinnard, Mr. Kim has been nothing but professional and I trust him 100% he has even helped me attain an LLC so I can begin that process of moving properties over. But it has been a blessing.

I also have a wholesaler @JasonHopkins Who sold me by first deal - on here that I sold for Double 8 months later. 

Basically - when I was looking to build a team - I looked for people like me, just in their field - just like the teams I coached, I never got what I expected, I got what I inspected. Therefore, communication is key for me - I want calls, emails, texts, pictures, everything. I love being involved, because I’m not weathly or rich - so every rent payment missed is felt and because my team is so young and hungry trying to accomplish their dreams too - they feel it too.