Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: John Elias

John Elias has started 6 posts and replied 26 times.

I have a dumb question, how do you actually mention someone in these comments? I type @ and their name and it just shows up as plain text

Originally posted by @Jason Bible:
Originally posted by @John Elias:

For someone looking to get started soon, if you had to redo it all again would you still start by wholesaling and flipping? I actually kind of want to follow the path you did. Flip at first then transition into rentals once i get some capital

I just closed this one with a partner.  He gets 9% interest and 30% equity.  Ill cash flow 900/month and have no money in the deal

Oh wow I really appreciate that level of insight. Did he also finance all the rehab for the property? If you don't mind me being so blunt, what sort of agreement did you have in place? Did you do most of the rehab yourself or did you just find an excellent deal?

Post: Getting my license in Virginia

John EliasPosted
  • Posts 27
  • Votes 7

So I know being a part-time agent is supposed to be much more difficult and those that go full-time are far more successful. I intend to go full-time once I learn the ropes and get my feet under me, but what is the most difficult part about being part-time? Is it that sellers don't want to work with you? Or is it simply a lack of time?

For someone looking to get started soon, if you had to redo it all again would you still start by wholesaling and flipping? I actually kind of want to follow the path you did. Flip at first then transition into rentals once i get some capital

Originally posted by @Mitchell Pollard:

Don't know much about Bay Area. But I do know this about DC. DC is truly a unique market. Only about 9 square miles, the supply is low. What make the supply even more scarce is the fact that developers have a limit on how high they can build their buildings. This means that unlike any other city who can increase supply vertically, with sky scrappers, there is a cap on DC inventory. Which means the demand will always be higher than supply. Perfect recipe for appreciation. 

Do you find this to still hold true for suburbs around DC? I live on the Virginia side of the city and would ideally like to invest in the area, especially as the metro system (slowly) expands outward

Post: New investor - should I become an agent?

John EliasPosted
  • Posts 27
  • Votes 7

My plan is to get my license as well. Just started taking the online courses required in my state of Virginia while I still work my full-time job. I think it can only help!