All Forum Posts by: Ken T.

Sounds great Robin. Tuesday 09/13 will be our next meeting. Hopefully we will see you there!

Hello Bay Area folks. We host a biweekly Meetup in N San Jose, bordering Milpitas. We would love to have BiggerPockets members join us. Our focus is to brainstorm, talk real estate, but most importantly create friendships!

https://www.meetup.com/MilpitasFLIPMastermind/

Our meetings begin promptly at 6:30pm every 2nd and 4th Tuesday of the month at GD Commercial @ 1455 McCarthy Blvd, Milipitas, CA 95035.

Our group is limited to 15 attendees, which allows us to have more personalized discussions. Please RSVP on the Meetup page.

Our Topics will be strictly focused on LEAD GENERATION because we want to make the most of our time for everyone.

MIXER to follow if anyone wants to stay and network and talk some more to 8:30pm and then we have to leave the office.

*Snacks and refreshments will be provided*

**PLEASE DON’T FORGET YOUR LAPTOP, YOU WILL NEED IT**

Is it possible to open say a $10k LOC, and then withdraw the entire amount and pay that balance in full w/ a brand new credit card that offers 0% for the first 12-18 months, and possibly repeat that several times? Would this be doable?

hmm that all makes a lot of sense. Thanks for the info fellas! I'll forward this info to the realtor and make myself a new friend. 

Hello BP! 

I have a interesting question. I have been driving-for-dollars every weekend. I found a house that I started marketing to. The owner had a realtor call me and was relatively aggressive in learning about how I found this property.

I told them honestly that I was just driving around looking for fixers. The realtor was friendly, but he seemed to be looking for a particular response.

After he opened up to me, he asked me if I was targeting this property because of his spouse's death. He stated that this owner received 25 other mailers that same time.

The realtor was asking me if I am aware of any sources that find information like this. The peculiar thing is the spouse isn't even on the title. What type of target list would produce this kind of information? Thanks in advance!

Good discussion in here! Personally I feel that we are due for a correction due to the overall global economy. However we aren't in that phase yet so just have an exit strategy  ready for when we confirm a new trend.

Ashia - Every deal you do you will learn something new. I think your efforts are better directed towards pursuing the next deal rather than this $5,000. I would be pissed too but water under the bridge.

Anyone think it would be advisable to always do double closings?

I have been doing insurance since I was 18, it's been 11 years. You have to be a people person and willing to learn every aspect of insurance to succeed. It can be extremely stressful but it is lucrative. You can meet lots of people and learn a lot about the financial world as well. 

Watch the movie Yes Man and go experience life!

You should definitely read this book

http://www.kellerink.com/books/flip/

You can get it at half.com for cheap. This will clarify much of you questions that cannot be more efficiently answered by a single response in this thread.

Lol you're right, "should" is not very convincing. You will need a builder's risk / course of construction policy for your rehab-to-rental property.  In CA I put my clients through with Foremost for their vacant and course of construction properties, they allow you to convert from vacant to rental as well. Please check with your broker and make sure they understand how to insurance an investment property as each policy varies by state.