All Forum Posts by: Karlo Alamo

Wow! would this also work if I'm planning to do an FHA loan?

Thank you!

Hello @Salvatore Lentini! thank you for helping the community!

Currently, I'm unemployed. It took me years to build my credit, and now that I'm finally ready all I need to do is find a job and be employed for enough time before I buy my first property. The question I had for you was how long of employment I should have before I apply for my first FHA? I was at my previous job for 4 years and lost it due to covid.

How had nobody mentioned RICH DAD, POOR DAD!!!? 

Hello @Aaron Daniel! starting out too, no investment yet... I was listening to podcasts too, but i switch to Brandon's advice to reading books, and DUDE!!! I'm learning things about RE reading books that I had absolutely no idea something like that was even possible!. These are the books that I'm reading, and the ones that I think would help you (Including with finding a mentor).

-Rich Dad, Poor Dad (in my opinion, this book will help you change the way you think about money)

-Brandon Turner's Rentals Series (this are 3 books, one shows you literally how to do everything, then how to do it with no cash, then how to manage it)

-Network! (like everyone else says, network... tell everyone what you WANT to do, so people tell you if the want to help you)

Good luck man!!! best to you!

@Greg Todrank Very nice! how much was you first property? did you use an FHA?

Thanks, @Tucker Cummings! That is exactly what I want to avoid. Fortunately, what you did (and the timeframe) sounds a lot like the goals I have, so that helps a lot! Congratulations on your success, wish you the best!

Hello community! 

I started my Investment journey, and as I've learned every successful real estate investor has started by building their personal knowledge before starting to buy properties. just curious with all the successful investors in the BP community, what was your background, and how much time did you spend building your base?

Thank you, everyone!

Hello @Heston Vaughan! Glad to hear the Real Estate bug bit you! I'm also starting out, but if there is everything I keep on reading, it is a good idea to analyze at least 2 deals a day no matter what. It helps you build the habit to make it something natural.

Good luck!!!

Just starting, and its very good to know this! are this 2 propertys SFH? or smf?

@Brian Hosier Thanks for the good wishes! best of luck to you too!