All Forum Posts by: Jeff Kao

@Account Closed As many above have stated, read and listen to BP to get started then rely on the expertise of others when you have specific questions to help you on the way. Best of luck!

@Joe Evans Which ever book is on top or easiest to get to (it doesn't make a difference). 

Here's a list of books recommended by @Brandon Turner:

https://www.biggerpockets.com/blog/wp-content/uploads/2019/03/Best-Real-Estate-Books-Ever_1.pdf

@Keith Faulkner In addition to what @Cara Kennedy @Will Long and @Roberto Lugo said, keep up the reading, you can never do enough. 

@Tony Marcelle Private lenders are more likely to help people that they know well. New investors should reach out into their personal network and let people know what their goals are. 

@Kristi Kandel Thanks for sharing, Kristi. What motivated you to use a STR strategy? How long were they LTRs before you switched? Had you prior experience with STR?

@Michael Gambrell Sounds like a great idea! You'll be meeting with people talking about properties, and learning about why they are buying/selling. Along the way I'm sure you'll be making connections, and may find yourself in a situation where you can leads on great deals.

@Jessica Muto Thanks for sharing your story. It sounds like the seller was not as eager to move the property when he issued the promissory note. 

@Greg Moran Thanks for sharing a valuable learning experience. Do you think there's any way of avoiding this issue in the future? 

Hi @Steven Harrison

I posted several threads on VA loans below that hopefully will give you some ideas.

https://www.biggerpockets.com/forums/834/topics/521349-using-va-loan-multiple-times

https://www.biggerpockets.com/forums/61/topics/380223-house-hacking-using-va-loan

https://www.biggerpockets.com/forums/61/topics/380223-house-hacking-using-va-loan

https://www.biggerpockets.com/forums/834/topics/417719-experiences-of-using-a-va-loan

Hi @Patrick Stager Thanks for asking about private lender return rates. 15% seems typical. Check out the blog posts by @Matt Faircloth and @Justin Pierce: 

https://www.biggerpockets.com/blog/real-estate-choosing-perfect-private-money-lender

https://www.biggerpockets.com/blog/2009-07-26-understanding-private-money-interview-private-lender-part-1

https://www.biggerpockets.com/blog/2009-08-02-understanding-private-lending-interview-private-lender-part-2