All Forum Posts by: Joe Fairless

We meet the last Tuesday of every month to discuss our goals and progress. Someone will do a short presentation on what they are an expert in. Then we network for the remaining time. The $2.50 fee (plus $1 for eventbrite processing = $3.50) is simply for accountability. This way we cut down on people RSVP-ing and not showing up, taking away tickets for people that would have came (and it buys pizza for the group) :) 

You MUST RSVP to attend! To learn more and to RSVP visit http://bestevercincy.com 

@Benjamin Lapidus who do we know that does assisted living? @Shane H. is trying to get some good recs. 

@Omar Khan that means a whole lot. Thank you and appreciate your comment. Are you an apartment investor or multifamily syndicator as well? 

Thank you @John Casmon for the suggestion, and @Benjamin Lapidus

Topics range on progressive subjects for the budding real estate investor, such as ground up development, out of state investing, asset protection, and expanding to new real estate classes.

Registration spots are filling up quickly, looking forward to meeting and networking with so many new faces as well! If you have registered be sure to click attending in this thread. What are you all most looking forward to and learning about @Josh Justiniano, @Fabio Bari, @Kayla V., @Ryan Dossey, @Sean Richway

@theo 

@Theo Hicks you're going to be building an empire in your city and already have a strong start. Grateful for our friendship! 

@Paul B. those are three very real risks to multifamily investing. Especially #1 and Texas in particular. Appreciate the input on this. 

@Llewelyn A. overall agree with your point about markets not surviving all disasters. But one thing I did want to mention is that we do have Terrorism coverage which would probably (although I haven't verified this) cover us on your dirty nuke bomb example. 

@Diogo Marques When I got started (not implying that you are just getting started, just mentioning my experience) it took me 10 months to find a house to buy so you're only 20% of the way there! :) 

But, more specifically, I'd say if you aren't seeing results after a couple months then change your approach. There are tons of ways to get deals and I'm sure there's a forum post on BP that has creative ways to get deals in your market. Some off the top of my head: 

- relationships - talk to lawyers, accountants, title companies, vendors (HVAC, carpet installers), and, of course, real estate agents and brokers 

- go to the courthouse and visit eviction court - those landlords might be more likely to sell vs someone who isn't have to go through the eviction process with their tenant/s 

- direct mail to the owner 

- drive around neighborhoods, identify distressed homes, look up owners and reach out 

- tell people you know locally you'll pay a bird-dog fee if they send you a deal that you close on 

- get on wholesaler lists 

- also, in my BP podcast interview, I tell a story of how I bought a $30M portfolio in a hot market and how you can apply those same learnings for any deal size 

In general, you'll want to have at least 3 reliable ways that are consistently sending you deals. Test all the above out (plus other things I didn't mention) and then you'll find those 3. Once you have the 3 you'll then get a deal. 

@Joseph Gozlan oh wow, I hadn't heard that quote before. Well, there you have it! 

@Stephen Anthony very good points. For example on the insurance front flood insurance in Houston after Hurricane Harvey increased on renewals. Appreciate your thoughts.

@Shawn Ward thanks for the props and I'm sure those California-only investors have been doing pretty well over the last couple years.