All Forum Posts by: Account Closed

@Robert Ault Glad to see a new face in the Arkansas BP community. If you can get to Hot Springs on the 3 Sat. of the month join us at our RE Investors meetup. Lots of experience real estate investors in a relaxed atmosphere. Go to meetup.com or PM me if interested.

We meet at Smoken n Style at 6:00 in the room off to the left. Address is 2278 Albert Pike in Hot Springs.

Welcome James, Be sure to start to meet and greet at CORREA. This is a great networking investment group in Little Rock. If you are down in Hot Springs join our MeetUp on the 3rd Saturday of the month. (today). Go to Meetup.com to join or PM me. 

Hey @mike. I am a private lender in the Hot Springs area. Think of me if you want to go that route .

Welcome @J Smelser. I left LA for the gentle relaxed Hot Springs area of Arkansas. We have a real estate investors MeetUp every 3rd Saturday of the month in Hot Springs. If interested go to MeetUp.com and join our group of experienced and newbies in real estate.

@Kenisha Chapple Every lender is different. Explain your deal and see if they will lend and at what terms. Negotiate from there.

@Jim Workman I would change custodians without an administrator in between. I use Equity Trust Company for my traditional IRA and Advanta for my Roth. Neither have an administrator. Whatever that is. I deal directly with the custodian and although they have picky rules I am correctly guided with the first phone call.

@Nicole Adams you will probably not like my advice but:

If you truly have no time or money hunker down at your job and work like a dog.

If you have no money but a little time stay active on BP, read books and educate yourself

If you have no money but more time educate yourself, attend REI's to start networking and if you still have free time go to a realtor and offer to sweep the floor or whatever he needs as a volunteer to learn the business.

If you have a little money and a little time do NOT spend it on seminars, classes or other "lie to me and make my dream come true" activities.

Best of luck. Keep us posted on how you are doing.

Welcome @Sam Alon. You sound like a smart person and hard worker. Should you get to Hot Springs look me up. I'll be glad to show you around.

Sounds good BUT be sure the value of the property is really there. AND even though he is a friend run a credit check. If you feel comfortable with what you find go for it.