All Forum Posts by: Corey Frank

@Rob Golob wow….. in no way shape or form do I see this as a just post. Just pushing out garbage into the ether…

Hello! I know this is from 3 years ago but your post peaked my interest. Were their signs you had that this person was the wrong partner that you ignored? Do you wish you would have vetted better? HOW would you suggest avoiding this problem?

 I bet! I looked into the Boise market a few weeks ago and it looks nuts! Been a great place to buy several years back 😂

Hello BP! I am a pretty big newb... (about 20-30 deals analyzed, many podcasts and a handful of books). My question is this. What is a good resource to practice analyzing deals? I have been going to realtor.com and Zillow, picking out properties and then running them through the calculators on bp. But I feel I need more. Can anyone recommend sources or techniques to sharpen the analysis blade? 

@Martina Viteri I am trying to do the same thing... kind of... I have a chunk of cash but want to leverage it more as collateral for a zero down deal. There are so many recourses on this topic. Books and people on these forums are a great start. Not sure what your knowledge is on real estate but if you have no knowledge and no money, you need to fill one of those gaps. Perhaps get work experience for a contractor so you know the renovation process. Get your real estate license to learn the in and outs of how properties sell. Anything is possible. its just how much work you are willing to put in. 

@Robert English hello! Welcome back! I, as well, just started again haha! My wife and I live not to far from Cheyenne too! Hope things work out for you! Cheers! 😄

@Tyler White Do not look for and excuse or look for someone to say “pull the trigger” on a buying a property you know is not a good idea. “You make your money when you buy” and “have your exit plan ready when you buy” are all things you will hear over and over from seasoned real estate investors on this very site. If you buy that property in an area that is declining, that means jobs are probably not hot in that town either which means property’s will continue to decrease and your exit may not even exist when you want to sell.

@Chris Dimoff I looked in Idaho falls, twin falls and boise. Boise was insanely high for prices. Idaho falls looked very promising. Higher prices as well BUT, HUGE potential for even more growth. If I am not mistaken, they have the largest nuclear research site in the country and some other, larger companies are looking to relocate into the area. 

@Sannibel Carter I am a pretty big newb but from what I have read in the forums, people can make absolute bank on air bnb. They never share their secrets though

@Chris Dimoff I just took a look at Idaho a few days ago. It is quit amazing for the opportunity of growth. Very very low unemployment rate (something like 3.4 at the highest during the rough covid months) low property taxes, population growth and landlord friendly. It looks like the real estate market is on fire (like everywhere). Good luck! 😁