All Forum Posts by: Devin James

Hey Nicholas Jackson,

I recommend that you get in touch with a local contractor and walk the property. They will be able to give you a good estimate on the rehab budget. At that point you will have a clearer answer on if you have the finances for the project or if you should wholesale it.

You can get the property under contract and try to find another buyer during your inspection period. If you cant find a buyer and you are still within the inspection period, then you can back out of the contract free & clear (at least here in FL, may be different in your state, make sure you check what your contract says for the due diligence/inspection period).

Look up your local real estate investment meetup and bring the contracted deal to that event, you'll know pretty fast if its a good deal or not.

Hey Scott Garcia,

Save $, consume the BP podcasts and BP books, consistently attend local real estate meetups. Most importantly, take action.

Congrats Claudio Sanchez! Important lesson! The regrets I hear the most from seasoned investors are 1) I wish I never sold & 2) I wish I bought more.

You move fast Trent Reeve, congrats!!

Hey Travis Whitfield,

I think Jared Hottle's advice is spot on. Keep that low interest rate for as long as you can. Rent out your current home and purchase a value add property to create some sweat equity.

Congrats Gavin Doyle, looking forward to hearing how it turns out!

Hey Jason Oliver,

That depends on what you define as "Succeed"

In my opinion, closing on your first deal is a success. But after closing is when the real work begins, and as every investor, you will fail during the journey.

Take action, fail, learn from your mistakes, stay consistent.

Yes, changed my life. Not that my life was going down a negative path, but it opened up a new world that I never knew existed. 

Hey Langston Grant,

I work with a group who does land development & home building and this may be perfect for us. Please send me info!

Hey Pedro Navarrete,

As Nathan Gesner mentioned, Meetups! This is your best bet to find a mentor in your area. Find some that interest you and consistently attend them.