All Forum Posts by: Craig Bowen

Hi everyone!  I am fairly new to this type of Real Estate investing, as a career, even though I have been a builder and developer over the years.  Obtaining money for projects of that sort most always goes through traditional lending institutions like banks and credit unions.  

I have also dealt with private investors over the years for single family homes to large developments.  As a result I am pretty aware of how to structure a deal for a flip or a partnership, in terms of returns and expectations.

My question revolves around private money for buy and hold properties.  Specifically, how do I use investor money for something I want to eventually own exclusively, and provide a decent return.  I have some ideas, but I'm interested in the experience of others.  Look forward to the responses!

Aslo, I am in the Columbia, Lexington, Cayce areas of South Carolina and would love to put together a BP group!  Please message or follow me if you are interested!  Happy investing!

Hey Rob! I'm Craig from Cayce SC, and a real estate agent in Lexington.  I will PM you my contact info.  I have a contact you might be able to work with.  And I'm 100% smarter after finding this place as well!!!

Welcome Will! I am in Cayce and also focusing in Lexington and West Columbia. Just getting started here my self. Had some success in the past but got killed in 2008. Took a while to convince the wife to try again! Best of luck

Wow. Just wow. Absolutely great stuff from Natali Morris. Her point about the failings of our education system are on target. Why don't they teach us that 40hrs/wk and retirement at 62 is NOT a requirement for a great headstone. That is to date the most motivating podcast yet.

Hey John. Welcome!! I'm in the Cayce area. Fairly new to the area and finally pushing this myself. Hope to see ya at the Columbia REI. Good group. BP is priceless. Podcasts and forums will teach and inspire! Have fun and don't hesitate to get in touch.

Hey Sean! Welcome from Columbia!!

Hey Brock! Thanks for the free advice. Does sound solid. Just wondering a way around the paperwork and cost on each individual house. Of course it's not prohibitive costwise and I'm always looking for ways to streamline the process but...gotta protect those assets!

Hey welcome Mike! I'm in Columbia but make my way to The Holy City now and then. Have family in Mt Peasant. We must meet at Edwards Yost one day this spring. Would love to bend your ear! Craig

Personal experience. You need one for each entity (business) not for each project (house). If your houses will be held under the name of your flipping biz you can have 50 rentals, all under the same LLC umbrella. Check me out for sure but this is how I've always done it!

Hey Tabitha Fox you have one of the great resources in all of real estate investing right in your back yard. @Chad Carson is an amazing wealth of knowledge and happens to be all over BP! Welcome and best of luck to you two as you dive in!