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All Forum Posts by: John O'Leary

John O'Leary has started 27 posts and replied 632 times.

Post: New to investing and new to BP.

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 371

Hi Geetha,

The NCREIA meetups in Raleigh and Charlotte are a fantastic choice—they attract real estate operators at every level, so you're definitely in the right place to build connections! When networking on BP or in person, being clear about your goals will make a big difference.

Are you mainly interested in finding rental properties, connecting with other landlords, or exploring specific asset types? Think about your target strategies, like short-term or long-term rentals, and whether you're looking for financing options to expand your portfolio. Clear goals will help you make the most of these great networking opportunities.

Best of luck, and I look forward to hearing more about your progress!

Post: Hello from a new member of BP

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 371

Absolutely. The REIA is an interesting one because they network together and are in most major metros.

Post: ceiling leaking repair

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 371

I would recommend investigating the root of the problem first. The water is getting in from somewhere, and if left unaddressed, it could lead to bigger issues down the road. Since this happened during the storm, you might also want to check your insurance coverage

Post: New to real estate investing

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 371

Welcome to the BP community!  Take in all the information you can, but remember, the real key is to take action. Best of luck as you start your investing journey

Post: Hello from a new member of BP

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 371

 For growing 1031 Prime, in addition to BP I’d suggest targeting masterminds, REIAs, and local real estate meetups. Speaking engagements at these events can give you a great platform to showcase your tech and its advantages. Connecting directly with investors can help you build awareness and demonstrate how your service helps with tax deferral.

Post: Looking for Wholesale Friendly Buyers in Austin, TX

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 371

Have you tried pulling cash transactions and skip tracing the buyers or LLC? You can also find a local LO in the Hard Money space that can pair deals with their financing. Good Luck!

Post: is Erik cline's whole sale course worth it?

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 371

Do research on these people selling courses. Eric Cline had to give 40% of his profits to another wholesaler who did all his dispo to start. The script he uses is from that same wholesaler. He was able to sell his wholesale business which no one can do, just to sell courses? If the operation was so successful why shut it down. 

Post: New Member from Houston, TX

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 371

Welcome to BP Cade. Take in and absorb as much information, but more importantly take action on it. GL!

Post: Investing in Tampa or Clearwater area

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 371

Hey Frank,

I'm in Central Florida, and would be happy to chat.

Post: Investing in DFW

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 371

Hi Amy, 

Welcome to BP. For long term holds I like upward transistional neighborhoods where I can see future forced appreciation while the asset cashflows. Maybe as an additional safety net set your DSCR% or cash on cash return a little higher than other areas you own.