All Forum Posts by: Account Closed

Hey fellow BP member! I am an 18year old newb in Illinois. I've created a group on Facebook that was made for young investors by young investors. Feel free to PM for info, network, share resources/knowledge, etc. Looking forward to working with you!

Hey man! I'm an 18year old newb in Illinois. Feel free to PM so we can network, share resources, etc. I've also created a group on Facebook for young investors like us, by investors like us. I'll give you the details over PM. Looking forward to your response!

I'm not sure if hiring a property manager to manage a flip is possible, but it probably is. There's a lot of people in the world willing to do anything. Tax season might be a bit more hectic though..

No problem!

You can use property managers that can flip too (correct me if I'm wrong BP community!), you can partner with another investor who has settled down and go half and half,  or invest in rentals right now until you settle down using a property manager.

Hope that helps a little bit!

Haha, nothing wrong with it!

@Chris Tracy

also, they will typically follow an excessive amount of people from going to other famous pages and clicking follow (Robert kiyosaki IG page, Donald Trump IG page, BP IG page, and other famous billionaires and wealth sites) on folks who follow these accounts. This generate a free audience because most people will accept their follower request and follow back (getting them exposure.)

Hope that helps even more!

@Chris Tracy

I have seen multiple RE related IG pages and most post about deals that they have waiting to be bought up or quotes. @Chris Tracy

Welcome to BP Alex!

That's a great list of books there, I might have to pick up a few of them from Amazon later..

Just an FYI though, you can also find more books at www.biggerpockets.com/books , although looking at your list, I think you already found it!

I currently just finished reading "Investing in RE with no and low money down" by Brandon Turner and I enjoyed it and learned a lot.

Anyhow, welcome to the community @Alex C. !

Hello BP!

How many of you BP investors out here in the forums use seller financing in the market today, and how successful is it? I know it is not for every seller because most sellers have a mortgage with a due on sales clause, has anyone ever been called by the bank on that clause? Or is it more of a formality in the 21st century? 

Not sure if this question goes with this forum, but it should work!

Hello BP!

After reading "Investing in Real Estate with no and low money down" by Brandon Turner, I have a rough idea of how to determine ARV. There is comparable values of houses surrounding the prospective property, the 70% rule, having a contractor walk through a property and give you his estimate, Fixed cost method, or other wholesalers/investors.

My question to the BP community is which one do you use the most, and why?