All Forum Posts by: Jevon Shaw

Might be a stretch for all of BP to have an app since they're basically a media company between the forums, podcasts, blogs and education materials. But there's definitely some components that could take the form of an app: BP Calculators and other tools and the BP Deal Finder. 

I haven't heard of one being in the works.

 To add onto the great advice Billy gave, allow yourself some trial and error to figure what you want your niche in real estate to be. I love long term rentals as well, but not everyone wants to be a landlord or get a property manager. Some people prefer flips, some prefer commercial deals!

Everything as far as identifying a bad flip has been covered well already, but if you're ever stuck on the fence you can negotiate to have the seller pay for a home warranty for a couple of years. It won't cover everything, but it will help.

Social media is an excellent place to meet people willing to help. Just engage on his or her IG/Twitter/LinkedIn. If you prefer being more low key, find a house you want and call the number on the sign. 

Welcome, Major!

+1 to what Nathan said. However, while using the calculator, it is a good idea to also understand what it is actually doing with the numbers you input. 

It's definitely possible. But at least for the west side of DFW, it's very important to go by neighborhood, instead of by zip code. Fort worth in particular has at least 3 zip codes that include both very nice areas and pretty run down areas.

I think it was one that Scott Trench said. He basically said that real estate doesn't have to be hard. If you can stand your job, stay. 10-15 years worth of consistent side hustling/investing will get you incredibly far. 

It depends on what you want real estate to do for you, and how quickly. Keep in mind, the only thing that allows anyone to leave their job is high enough cashflow, whether that be via rentals, flips, or whatever. If you'd like to eventually do this, the right answer may be to pay down the loan up to 20% equity.

For what it's worth, I was in a similar situation, and I chose to pay down the loan up to a certain point. I ended up living off of part cashflow from the house hack and part savings for about 6 months to learn to code full-time. Needless to say, this led to much more lucrative career opportunities. No regrets about it. Hope this helps!