All Forum Posts by: Jesse Dickens

 Wow, not great reviews. Thanks for sharing!

 

@Luka Milicevic They can liquidate the cards for you (for a fee of course) so you can make purchases with cash.

I'm looking into the Credit Stacking program that Jack McColl runs. Looking for any reviews from previous students. 

It's a program that helps/teaches you how to access business credit to fund your business endeavors. Most of those lines of credit start with 12-18 months of 0% APR, and the idea is that you can just apply for new cards once that introductory period is up.

Great concept. I just want to see how it's worked for people who have actually gone through it. 

Thanks in advance

We are looking at our next home and plan to hold on to our current home, while turning it into a STR. My question is in regard to lending. Most lenders will not look at "potential" STR income on our home, as we are not currently generating any revenue with it. This is killing our debt-to-income and making it difficult to qualify for the loan proceeds we need.

Does anyone know of a lender who is open to financing on a situation like this? 

Any help would be greatly appreciated!

Yosef!! That’s amazing! You have been so dedicated to your craft and it has paid off. 

Thank you for sharing your story. It gives newer investors so much hope to know that a guy like yourself can jump in, get educated, take action, and see results. 

I can’t wait to see what this year brings for you and your team! 

@Steven Tawresey Congratulations! Thanks for laying out the entire story. Extremely motivating. Are all your deals in the Denver Metro area? 

I'd love to connect with you some time and chat offline!

@kao 

@Kao Saeteurn Purchase price of 1.565 (roughly 65/door). Several areas to add value and compress the cap rate. Do you operate MF in Tucson? 

This was secured from a cold call actually. We also sent out a few different mailer campaigns prior. Do you go direct to seller as well? 

Hard to even articulate how I'm feeling about sharing this win. It has been a rollercoaster of a year on several different levels, but I am so excited to say that we closed on this 24 unit in Tucson, Arizona yesterday! 

We sourced this property through an off-market campaign and were able to come to a common ground with the seller. He had owned it for 11 years and was ready to ride off into the sunset. This property has 100% economic occupancy and is roughly 15% below market rents. It has some deferred maintenance and needs some overall TLC, but we are happy to give it the attention it deserves. Big shout out to the BP community for continually providing great content and value. You have created a platform that allows a regular guy like myself to take a property like this down and really begin my multifamily journey!

Now the real fun begins as we get to reposition this asset and bring

it to life!

We are under contract on a 24 unit multifamily property in Tucson, AZ. Looking for a recommendation on some cost segregation companies who can provide a property analysis for us. 

Thanks in advance!