Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
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: Justin Rank

Justin Rank has started 9 posts and replied 105 times.

Post: I like sfh's more then apartments. Am i crazy?

Justin RankPosted
  • Investor
  • Winhall, VT
  • Posts 106
  • Votes 44

All depends on your preference. I like having to repaint one common area or replace one roof on a multi vs doing all of those on each single family. 

I don't buy in places I wouldn't want to live so the answer for me is no. If I was buying in areas I did not feel safe, then hell yes. But crime happens everywhere. I live in a neighborhood with million dollar homes and the store right down the street got robbed at gunpoint the other night. I can see both sides of the argument. You really never know where crazy will show up.

Post: I'm a Real Estate Investor, but my Degree is in...

Justin RankPosted
  • Investor
  • Winhall, VT
  • Posts 106
  • Votes 44

Automotive Marketing and management go figure : )

Post: Dave Ramsey says RE should be 5% of portfolio

Justin RankPosted
  • Investor
  • Winhall, VT
  • Posts 106
  • Votes 44

Listen, Ramsey is a self made millionaire and a system that has worked for him. He also preaches to a totally different crowd focused on paying your bills and getting out of debt. If you're looking to grow wealth there has been no better way to do that over time than with real estate. 

Post: $20,000 Cash...What Do I Do?

Justin RankPosted
  • Investor
  • Winhall, VT
  • Posts 106
  • Votes 44

Look to house hack in central mass(worcester, Fitchburg, Leominster) with a 3.5 down FHA. I wouldn't recommend starting out investing out of state.

Post: Looking to build my network

Justin RankPosted
  • Investor
  • Winhall, VT
  • Posts 106
  • Votes 44

Welcome to BP! Check out some of the local meetups as well!

I have a distant family member who does business primarily in war zones. He is always working "in" his business and not "on" his business. I wouldn't want to walk in his shoes even for a day.

Post: Hardmoney for a single family rental I own.

Justin RankPosted
  • Investor
  • Winhall, VT
  • Posts 106
  • Votes 44
Can you take out a personal loan to do the rest? Most credit unions offer some type of personal loan product/line of credit and will be cheaper than a HML.

Post: To spend $3,600 dollars on coaching?

Justin RankPosted
  • Investor
  • Winhall, VT
  • Posts 106
  • Votes 44
Stick with BP and some books, I am not a big believer in the "guru" type training stuff.

Post: How to Present Owner financing

Justin RankPosted
  • Investor
  • Winhall, VT
  • Posts 106
  • Votes 44

I agree with @Marc Winter. Set something up with the owner and ask if he/she would consider holding the mortgage. Some of these property owners still like having money coming in instead of a big check.