All Forum Posts by: Keegan Lawyer

I would love to talk to you! It would be a privilege to learn from you!

Thank you for your reply! I have a couple places in mind, do you mind if I message you?

Really? That is so awesome to hear. Would it be okay if messaged you a couple more questions?

 Hey Kyle thank you for your reply! I’m actually planning a vacation to Destin, and that is one of the markets I was looking in. I’d love to connect!

Hey BP, I was looking for some help/opinions on getting to my financial goal through STR- AirbNb…

I have a goal of getting to $5000 a month in cash flow in the next 2-3 years. I have $60k in my savings…. I live in KC, should I look at buying STR here, or consider looking for properties near the beach?

From your experience, how would you efficiently get to $5000 a month cash flow in my situation? Do you have a STR that produces $5k+ a month? What does that deal look like?

I look forward to hearing from everyone!

Got it thank you! I definitely was looking to use it to practice analyzing deals more so. Being a CPA, I'm very numbers oriented and like to have the knowledge of knowing what all I need to be accounting for. Definitely will be getting in touch with a broker after reading a couple more books. I have read my fair share when it comes to SFH and small MFH, but definitely want to research some more on bigger MFH before jumping in. I'm very much so a detail oriented guy. Thank you again!

I appreciate everyone’s response! I have spoke with my uncle some more, and I decided that I am going to move forward on his offer and look for a complex! Although it’s pretty nerve wracking, this is something I don’t want to pass up. I will keep everyone updated!

I appreciate your response! I totally understand what you’re saying and I am ready to take advantage of the opportunity. I found a website called loopnet, that has a list of complexes for sale in my state. I will start analyzing deals and go from there! Thank you!

Hello BP community! This is my first actual post and I wish I would of joined the community sooner, as I have read a ton of BP books, and listened to several podcast! 

I’m in a bit of a unique situation… I am a CPA, 25 years old and have been studying real estate for 3 years. I am currently in the rehab process of my first flip! It took me so long to pursue my first flip because I wanted to be educated and feel confident for when I venture out. Once I was ready, I found my first deal within a month through door knocking. With that being said my uncle who also invest in commercial real estate ( he does a lot of hotels) was impressed with the deal I found, the analysis and how organized I was. I told him I’m trying to build capital and eventually use that money as a down payment on small MFH, and eventually apartment complexes. The main thing for me was getting my first deal and pursuing my path to financial freedom $4k a month. 

After having that discussion with my uncle he told me that he would be willing to partner with me on an apartment complex. He'd provide the $, and I provide the deal, management, everything else. That is exciting, but makes me a little nervous. I've ran tons of analysis on small MFH, and SFH, but not big complexes. If I cash flowed $100 per door then I'd need a 40 unit complex hypothetically. My question to you guys is should I pursue this opportunity now, or wait till I've done a couple more flips/ get a couple more rentals? My uncle is a multi millionaire and a great guy, and I appreciate him for wanting to help me, but I want to make sure I do right by him. With that being said it would be a dream come true for me to be able to pursue real estate full time, and this could get me there.

I would love to hear everyone’s thoughts?