All Forum Posts by: Drew Fein

Welcome to BP, @Beth Davis!

Welcome to BP, @Andrea Tinney! Nice to see another former Houstonian on here. The BP meetups would be a great place to start networking with investors. Also, you might want to check out the Colorado Association of Real Estate Investors (i.e., CAREI) meetings to learn more about real estate investing, to narrow down what it is you want to start out in, and to meet more like-minded people. Best of luck!

Welcome to BP, @Leon Martin!  I would definitely recommend attending the BP meetups.  Also, you may want to check out the Colorado Association of Real Estate Investors (i.e., CAREI) meetings to learn more and possibly meet some partners. 

Welcome to BP, @Krish Das! I'm sure there are a number of great people on this forum who can help you find deals outside the MLS.

Welcome to BP, @Jeremy Golob! Hope to see you at a meetup soon. 

@Karen P.We always prefer using the Colorado Real Estate Commission form contract (i.e., the 17 page contract).  Although it is very buyer friendly, that makes it is very wholesaler friendly as well.  Plus it is the contract that every buyer (and probably seller) expects to see, especially seasoned real estate investors, which makes it easy to pitch.  Finally, if you're worried about buyers walking away from the deal, one option would be to make the earnest money non-refundable.

Welcome to BiggerPockets, Enoch!

Welcome to BiggerPockets, Aaron!

Thank you for the information, Anson. Looking forward to meeting new people at this month's meeting!

Hi Roger, I would recommend Larry Stone, CPA.  He is active with the Colorado Association of Real Estate Investors, and he is very experienced in the real estate arena.  He has even written books on tax planning for Realtors, and he is just a very nice guy. His website is www.coloradotaxcoach.com.

I will also say that liability insurance, such as an umbrella policy, is not always a substitute for the protections of a legal entity.  For example, breaches of the lease or intentional acts such as housing discrimination might not be covered by your liability insurance policy, so without a legal entity, you would be personally liable for any judgments against you.