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All Forum Posts by: Account Closed

Account Closed has started 2 posts and replied 269 times.

Post: Business Plan Templates

Account ClosedPosted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 281
  • Votes 176

@Matthew Cartwright hi Matthew, Below is a link to my BiggerPockets File Place where you can find a business plan template and some other resources: https://www.biggerpockets.com/files/user/JustinS374

Feel free to use however you'd like if this helps, Justin

Post: Business plan template

Account ClosedPosted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 281
  • Votes 176

Hi - I sent out the link to those who recently requested it so hopefully you'll get it in your BiggerPockets inbox.  For others, here's the link (if it works and is not blocked):

https://www.biggerpockets.com/files/user/JustinS374 

There are 3 other resources I created here as well:

1) Financial Health Plan (Word template)

2) Net Worth and Monthly Cash Flow Tracking (Excel)

3) Buy & Hold Analysis (Excel)

Feel free to download any or all of them and use however they help.

Happy Investing!

Post: What other legitimate careers in real estate are there?

Account ClosedPosted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 281
  • Votes 176

@Alfredo Villegas others that come to mind: Appraiser, lender, notes investor, self-storage, farmland leasing, Airbnb/Short Term or vacation rentals, syndication, multi-family, REITS, commercial.

Post: Posting Real estate Deal

Account ClosedPosted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 281
  • Votes 176

@Mysonne Johnson i have not posted in the Marketplace myself.

Can you get here and post anything?

https://www.biggerpockets.com/forums/517-marketplace

Post: Posting Real estate Deal

Account ClosedPosted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 281
  • Votes 176

@Mysonne Johnson Hi Mysonne, I believe you can post in the BP Marketplace section of the forums.

Post: Looking for Accountability Partner

Account ClosedPosted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 281
  • Votes 176

@Charlie Scheiderer Hi Charlie, same here - surprised you haven't gotten other responses. Reach out and email me if you want to connect on this. Thanks

Post: Pro Athlete setting the foundation for life after the game

Account ClosedPosted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 281
  • Votes 176

@Greg Ranjitsingh Hi Greg, welcome to BP, and the fun, sometimes overwhelming, but often rewarding world of REI. I'm in the Central PA area - 20 mins west of Harrisburg if you ever want to explore that area or chat.

I would maybe focus on the 1 or 2 strategies that align with your strengths and keep exploring them. Grow your skills in analyzing deals and continue networking. Line up everything so you are prepared to act when the deal(s) are there.

Feel free to connect or reach out if I can help with anything. Best of luck

Post: Our First House Flip ever!

Account ClosedPosted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 281
  • Votes 176

@Jean Santiago yeah definitely smart to move the line. Sounds like it went well, congrats again.

Post: I am ready to purchase, but need advice

Account ClosedPosted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 281
  • Votes 176

@Crystal Thomas hi Crystal, have you explored any other methods other than a traditional bank mortgage? I don't know all your specifics but 1 or more of these might be worth looking into:

- Private money (https://www.biggerpockets.com/blog/find-private-money-lenders)

- funding/investing platform like Groundfloor (https://groundfloor.us/)

- Credit Union that might do portfolio lending (https://www.fool.com/millionacres/amp/real-estate-financing/portfolio-loans/portfolio-loan-pros-and-cons/)

Keep at it, all the best

Post: New Investor, live in CA - Ready to invest out of state

Account ClosedPosted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 281
  • Votes 176

@Zachary Dorff Hi Zachary, reading through this post it looks like you have a solid understanding of REI strategies. In your research and learning what has gotten you the most excited? What are your ultimate goals? Do you want to be more hands on [find, analyze and manage], utilize a turnkey company approach, something else? What are your strengths?

From your info, you have a lot of positives to start from. If I were in your position trying to decide on my initial entry I'd probably sit down with a piece of paper and do the old pro/con list then develop what a simple plan could be for the top strategies that rose to the top and matched your goals/skills.