All Forum Posts by: Jimmy Deringer

@Josh Nelson Welcome to BP! how are you finding your deals? I spend 6 years in minneapolis. Love the city!

@Kao Saeteurn Welcome to BP! 

@Kevin OBrien I have to 2nd what @Alexander Felice said. 

REAL ESTATE IS LIFE :P

The personal life question is always a hard one to answer. I had a basketball coach who always use to say "The kids in (Insert city name here) are working harder than you, do you think they're taking today off?"

There is always someone who's working harder than you but if you don't have the same goals then it doesn't matter. I know plenty of people who have acquired hundreds of units, retired from their full time job at 65 and now are living on the cash flow. They structured their life where they could close deals easily and they knew the right people to give them deals. Meeting friends that you can help out and they can help you goes a long way.

@Carlins Almonor Welcome to BP! tons of people looking for other good people as long as you're willing to put in the work :) Happy investing!

Welcome to BP! having a purpose and knowing your "why" will get you very far in business! sounds like you're on the right track!

Welcome to BP! I'm not too familiar with south Nashville but I've heard good things about Nashville in general.

How are you finding your deals? Reaching out to the big wholesalers in your area tend to provide deals better than MLS prices as long as you can close quickly

If no one from your area responds here I'd google "real estate attorney City" contact them or find a local hard money lender to speak with. They usually have good connections and a lot of times work with wholesalers directly. The best contracts tend to be state specific in my opinion.

@Kate B. I would imagine most banks would lend on that assuming it's a good deal, I'd start a conversation with your lender on your short term rentals and see what they offer. Just watch out for a "seasoning period" these tend to be things people don't take into account.

@Keleisha Carter Best of luck! let us know how it goes!

The PM will make or break your RE career if you let them. How do they qualify potential tenants?