All Forum Posts by: Account Closed

@Andrew Johnson I once was in your shoes. I highly recommend that you don't walk around. The things/people who got my personal finances in order were listening to the likes of Grant cardone, Dave ramsey, Robert Kiyosaki, Jim rohn, Zig ziglar and thats just to name a few. On the topic of the Car i would two things: 1. Increase your income. That causes you to expand! rather then contract. If you make enough money, Then the $500 a month wouldnt be a problem for you. However on the Other hand for #2 You could sell the car on a private sell to get a much higher pay out for it. If you are under water you can take out a small loan from a credit union for the remaining balance. Or just save up until you have the remaining balance. I know $500 a month can go a long way, especially if you are starting out in Real estate with little money, In which that was me. That $6000 a year can help big time inyour investing career. Don't Get discourage at all. Everyone has made mistakes along the way in life. Just learn from them, Seek help and move you. You Got it! Just don't Give up on the journey. Good Luck Man!

@Yasser Narvaez I Agree With the hard money lenders. If you don't have the cash then finding a partner is a great way to go. 50% of a deal is better then no deal. Assuming it's a good deal. Present the deal right and im sure you will find a partner easy. Keep Networking and Good luck!

@Latoria Sharp There are Multiple ways to fund a deal. It's easy to get overwhelmed by the process. Best advice i can give is to read great books, Read the Beiginners guide to real estate investing here on Biggerpockets, Attend a local REIA in your area also. Great Sources of information. If you have any specific questions that i may help with just shoot me a message. Good Luck on your journey! Just Stick with it.

@Moncy Samuel Congrats on the Purchase. Sounds like a nice rental home. Especially being as though it's a 5 Bedroom, 3 Bath Home. How did the numbers add up if you dont mind me asking? Did you get it for a good price while in a decent  neighborhood? 

@Jessica Oyawale Welcome Jess! You are on your way to a good future if you just stick with it. There are a ton of ways to get into REI. I don't know your niche, but you can find a ton of info on BP. Network as much as possible. I wish nothing but success for you! Have any Questions please feel free to contact me. Good luck!

@Tim Youse Sure Thing. Check out http://www.baltimorereia.com/

Great People and the meeting and Classes are Awesome!

Also if you have a Meetup. 

Check out

https://www.meetup.com/BwiMeetup/

And the One that is smaller but great minds are always in attendance.  I actually attended a few weeks ago for the first time. It's The AA Meet Up

http://www.meetup.com/Unofficial-Biggerpockets-Rea...

I Believe they all are helpful! 

Great Information 

@Philip Parrow Welcome To BP. You have come to the right place for sure. Tons of education. Also tons of people who are willing to help you. Best of luck on your journey. If I can help out let me know.  I recommend you checking out the free course if you haven't already. 

https://www.biggerpockets.com/courses/a-beginners-...

@Quentin Tai Welcome to Biggerpockets. Rich dad Poor dad is a Great book. I re read it every year. Robert kiyosaki "The Cashflow Quadrant" Book is my favorite out of the bunch. That's another awesome read. I applaud you for taking the step to learn as much as you can on your journey. I recommend that you target one market and learn as much as you can. Get to know the difference between A Class B Class C Class and D Class Properties. 

-A Class Would be Targeted for Appreciation Purposes not so much as Cashflow.

-B Class Would be Appreciation with alittle added Cashflow

-C Class Would be Stricly Cashflow

-D Class Would be Lucky to get anything. I recommend staying out of D Class anything.

For Ex: Places like Canton and Federal Hill are considered A class. You wouldnt be getting Cashflow. But Appreciation thats where you would win.

*Side-Note: It all depends on What you buy the property for also in most cases.

But with that being said you have come to the right place for sure. Biggerpockets is Awesome! it has helped me a ton on my journey. Best Of luck with everything! Keep learning and The key is To Never Give up!.

@Jonathan Belizaire Keep at it. Sometimes it takes weeks or even longer at times. Try to stand out from the crowd. Especially when it comes to wholesaling. It's a grind! So keep doing what you are doing. To add alittle insight on Leads I would use biggerpockets, Local REIA Meetings, Tell Everyone you meet what you do, Talk to Property Managers, Advertise yourself on social media platforms and even going to auctions. Just what @Chris T. said: Grind! Grind! Grind! 10x Your Grind as The Popular Speaker Grant Cardone would say. You got it 

@Jonathan Belizaire First I would like to say that: Everyone makes decisions that sometimes lead to Mistakes. So just learn from this experience. With that being said. I would recommend you trying to get some income rather it be a job, or a side business you start. I know that there are multiple ways you can invest in Real with no money. Trust me I know. But having some income coming in will only increase your chances of success. To be particular which you are speaking about wholesaling. You need some kind of funds to get yourself going in the right direction. Such as Marketing yourself with posters, letters etc, direct mail etc. It cost money, but it doesn't mistake a bunch. On thing I would say that is free would be Networking. Go to your local REIA, Speak with agents, Biggerpockets etc. This is a Relationship business. Networking is Key!

With all of that being said. Best of luck with everything! Never Give up even when the hard times and mistakes come.