All Forum Posts by: Jordan Sizelove

Joe, I've seen some of your other posts about doing this method. However, you recommend using your own capital to get started. What if you don't have your own capital to get started, but you want to start right now?

Wouldn't a HML work if I continued to use them and saved my personal profits from the flips until I had enough capital to do this method without using a HML?

Really interested in your feedback. 

Bump.

Hey BP! Planning on doing my first deal pretty soon and need some help with a few things.

A couple family members are thinking about investing in real estate with me. All 3 family members have ira accounts. I know I would need to convert those to Self directed iras in order to invest in real estate. What are some good companies that can help me with that? Are they state specific?

One of my family members and I were also talking about getting a HELOC on her house. Any recommendations on where to apply for a HELOC? Are these state specific?

Once I get all of the financing lined up and ready to go, I plan on doing flips in order to build up my own investment capital. Was wondering if I’m able to do flips using self directed ira accounts?

Lastly (I think), what would be a good way to setup this partnership? I’m thinking all 3 of them will put their money together to invest with me. Any ideas on this?

@Ed Emmons If I partner with someone would it be possible to live in one of the units still? I want to house hack my first investment in order to lower my monthly expenses, I.e. rent.

@Alina Trigub Thank you! I'll start reaching out to some professionals in my target market and go from there.

Hey BP, I'm looking to do my first deal within the next couple months and need some help.

I've been looking up multifamily properties and I'm having a hard time coming up with the numbers for the BP calculators. So my first question is this, how do you start learning about a new market in order to be able to come up with the right numbers? For example, on the after repair value section of the calculator and the estimated repair costs, how do I find out what the typical costs are for a particular market (I know they vary from place to place from what I've been reading)?

I want to start analyzing deals every day, but I'm stuck coming up with these numbers.

I plan on house hacking my first deal, using FHA loan, renting the other units out and then using brrrr strategy if that's possible. Should I be using the rental property calculator for this?

 Thank you Sherri! 

Still interested in hearing some recommendations. Are there any real estate firms that you would recommend in Antioch, CA, or surrounding cities? That provide you with practical training, the basics etc?

Thanks in advance!

Jordan Sizelove

Bump

Hey everyone! It's been a while since I've been on the forums. Been very busy.

Was wondering which real estate company I should hang my license with? I'm currently with Pine Creek Realty, a broker I met through my uncle. Before I got my license, he kept pushing for me to get into RE. He made it seem like he was going to mentor me and teach me all of the basics. BS! All he's done is hand me off to some other people and doesn't return any of my phone calls. Plan to switch once I find another company that will teach me the basics.

Since I'm a new agent, I need to know the basics in order to build a solid foundation. I'm in Antioch, CA (SF Bay Area). Considering KW, but wanted some recommendations from you all. What is a good RE compan in my area that will teach me the basics?

Would also like to start building a team in my area. My aunt is gonna be buying a home and I wanna have a team in place so her buying experience goes as smoothly as it can. Any recommendations for lenders, agents, title companies, etc.?

Thank you in advance!