All Forum Posts by: Brent Davidson

Sounds like a MLM company to me as well. I'd stick to a real university. No legitimate college or university is going to pay you to refer your friends and family, or anyone else. Be serious.

Sadly, it looks like anyone can go and call themselves a University these days.

Does anyone know about investing in real estate in Dubai in the UAE (United Arab Emirates)? I keep reading about all the development there, and all of the cool buildings. Seems like a great place to make money. I saw a show on discovery about building these palm shaped islands with million dollar homes. I think David Beckham owns one. Anyway, it seems like they are really building the city up. Can anyone help me on this one?

I don't think you said anything wrong. The weekend is usually a slower time on many of the real estate forums. As for your question, from what I've read is that you must set a limit for yourself, or you'll be chasing the price as it goes up to unacceptable levels.

Decide what you want to pay for the property and stick with that. On the other hand, if it is a property you have to have, go for it. If you're getting into it for investing, you need to watch it. If you're buying it for yourself to live in, then let your emotions control you. It doesn't matter what you spend, because you'll have to love it to live in it.

Hope that helps.

I just saw the new search box on the main page of biggerpockets. Looks very nice. This will come in handy.

Upstate NY is a great place to find cash-flow properties. You have to be sure you are familiar with an area first, though, because there are some pretty bad ones out there with what look like good deals on paper. I wouldn't want to collect late rent without backup from a lot of the places. Just something to think about.

Good article. Thank you for posting it.

I flipped through the book for a while, but did not buy it. There was more motivational information in the book then I wanted. I was looking for something that was a bit more concrete in how to analyze deals, find properties, etc. The book is a bit too much theory IMO. The one thing I did like, however, was the investor profiles at the back of the book.

It is pretty cool. I love being able to talk with people across the country about real estate. It has taught me so much!

Looks like you crossed the 2,000 member threshold recently. Why the lack of fanfare?

Great job with the site, and I hope to see 3,000 by Christmas!

Ryan - do you get better terms looking for longer term loans? Looking for a loan with no pre-payment penalty seems like the way to go for flipping. What do most people use?