All Forum Posts by: Garrett Ranous

@Shiloh Lundahl thanks a ton for the response and the link. I apologize that it took me so long to get back to you. I will certainly be looking into this meetup. Hopefully, I can make it there in person but if not I will certainly join virtually!

Hello. I am new to RE Investing and hoping to surround myself with people with experience. So I am hoping to find a group in my area in Arizona (Tempe, Gilbert, Mesa, Phoenix etc.) If there are any people here who belong to or know of meetups like this it would be appreciated.

Cheers!

Hello. I am considering investing with a turnkey company as it is less hands-on however I am unsure what the potential cons are of this. Does anyone have experience with a good company that was able to set them up with a profitable/cash flowing property?

Hello all! I am writing today because I was listening to Brandon Turner's audiobook today and realized I had several questions that were not really answered in the book. I would love to be a full time investor or house flipper however I am also currently looking for a job which makes me wonder, if I get a full time job (9-5) then how can I manage to make changes to a property with this kind of availability?

I understand that at this point, I need a W2 job and steady income but then that makes it hard to actually get started on looking for a house and making improvements to one. Furthermore, once I do manage to finally get a loan on one property (the one I am aiming to live in) how can I continue getting approved for loans if I move away from having a W-2 and spending all of my time flipping houses?

For example, in the book I think that Brandon says you can have up to 10 conventional loans but how does a person like Brandon even get all these loans without having a day job? Will a bank just look at the properties you flipped in the past and decide they can trust you?

Hey @Kyle Bambu appreciate it bud and if I stay in Phoenix I'd love to get a coffee and hang. I'll def check out Millionaire Real Estate Investor!

@Pamela Sandberg I will definitely stay in touch if I end up staying in Phoenix

Hey @Dmitriy Fomichenko thanks so much for the response. I am still getting use to this platform but loving the experience here.

Hey Arden!

Thanks for the advice! I am located in Phoenix but might be moving to Austin Texas this year. 

Hello everyone! It is great to be part of this new community and it is great to find because I have always been vaguely interested in Real Estate Investing but never really had any clue where/how to get started. I bought Kris Krohn's book a few months back and have been watching his video but couldn't tell if it is one of those scammy guru programs or good. I recently found Bigger pockets and enjoying the podcast. If anyone has any suggestions on any of the following circumstances of my current situation it would be greatly helpful as I am brand new and would really appreciate any and all help.

1. I have been living out of the country for several years as an English teacher and have saved plenty of money for investing however I don't have a current job since I just got back home. I recently got my insurance license and intending to start my own online agency but not sure if that will slow down my process in getting a loan since I know a normal W-2 job would probably make the process faster or not. Does anyone know much about this? Are there loopholes? If I got a restaurant job by night (to get the W2) and focused on Insurance by day would that be sufficient?

2. I am interested in getting mentored by someone who knows more than me and hopefully someone who is already successful but are there suggestions on how to approach these people? I have marketing experience with real estate investors in a previous job so I feel I can bring that to the table to help or intern for a person like this but will that even be attractive to a mentor? I'd like to know how to approach an investor in a way that will not put them off.

I'd like to get into house hacking but as you can see I have a few areas I am trying to work out before getting to that point. If anyone with similar past experiences can give any suggestions it would be greatly appreciated.

Kindly,

Garrett

Hey James, thanks for the reply! Forgive me for being a bit clueless but that what you are saying is that instead of reaching out to a mortgage broker to find this info for me, I can just look up the actual lending companies themselves (like quickenloans for example) to ask this?