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All Forum Posts by: Kevin Pillow

Kevin Pillow has started 2 posts and replied 130 times.

Post: New in Weston FL Searching for Advice and Opportunities

Kevin PillowPosted
  • Realtor
  • Destin, Fl
  • Posts 138
  • Votes 165

I graduated from Cypress Bay Highschool there and grew up in that area. Weston is big money compared to the other nearby city’s like Davie and Pembroke Pines. South West Ranches also has some pretty big homes. If you have any specific questions let me know.

Post: Are there Good STR markets in the Midwest/

Kevin PillowPosted
  • Realtor
  • Destin, Fl
  • Posts 138
  • Votes 165

I used to live in Omaha for 5 Years while I was at Offutt, AFB and I have to say that is a great city for STRs. Every year the College World Series would draw in HUGE crowds in the summer. Omaha also is hub for big concerts, business conferences and of course the annual Berkshire Hathaway shareholder meeting. I would do some digging and try to link up with an agent like @Jody Sperling mentioned. Power and Light District in KC is also a really popular destination.

Post: vacation rentals in destin Florida

Kevin PillowPosted
  • Realtor
  • Destin, Fl
  • Posts 138
  • Votes 165

@Robbie Eddington Like @Matt "Roar" Gardner mentioned earlier this is a great place for an investment property that can generate some serious cash flow during the vacationing season. We have also seen more remote workers coming down in the off season to hangout and work. I’m closing deals on the beach, it’s a win/win!

Post: STR - Management Fee

Kevin PillowPosted
  • Realtor
  • Destin, Fl
  • Posts 138
  • Votes 165

It varies on property type and company. We work with many STR investors in the area and @Matt "Roar" Gardner can give you some property management firms you can get in contact with for more pricing. Good Luck!

Post: Quick Fix and Flip in Navarre, FL

Kevin PillowPosted
  • Realtor
  • Destin, Fl
  • Posts 138
  • Votes 165

This looks great! Did you hire out the work out to contractors?

Post: Condo Management in Santa Rosa Beach

Kevin PillowPosted
  • Realtor
  • Destin, Fl
  • Posts 138
  • Votes 165

@Matt "Roar" Gardner is a great contact to get you set up.

Post: Best towns in florida to invest

Kevin PillowPosted
  • Realtor
  • Destin, Fl
  • Posts 138
  • Votes 165

If you like the buy and hold strategy the Destin/Emerald coast area is great because the combined military population from Eglin AFB/7th Group/Duke Field/Hurlburt Field is pretty large. If you like short term rentals there are cities along the coast like Destin, Miramar, San Destin and Panama City that are great opportunities. 

Post: My Introduction to Bigger Pockets

Kevin PillowPosted
  • Realtor
  • Destin, Fl
  • Posts 138
  • Votes 165

@Wale Lawal Thank You for the recommendations, those are all some very solid books and I will definitely be adding them my audible wishlist. 

Post: My Introduction to Bigger Pockets

Kevin PillowPosted
  • Realtor
  • Destin, Fl
  • Posts 138
  • Votes 165

Thank You for all the warm welcomes! 

Post: My Introduction to Bigger Pockets

Kevin PillowPosted
  • Realtor
  • Destin, Fl
  • Posts 138
  • Votes 165

Hi Everyone,

This is a general introduction post about me and how I came to learn about bigger pockets and my progress so far. 

About Me: I'm from the Ft.Lauderdale Florida area, I've been in the Air Force for the past 9 Years(now stationed near Destin, FL), I'm a relatively new husband and father, I earned my RE License for Florida in 2020 and I'm working to build my own RE business. 

My first Bigger Pockets book was The Book on Investing in Real Estate with No [and Low] Money Down by Brandon Turner in 2018 and to be honest I was pretty skeptical about some of the methods for owner financing so I decided to keep learning more about real estate investing. Then I ran across the BRRRR book by David Greene and I was hooked. After reading that book I had a road map and decided to become a licensed agent in 2020. I got my license right before my deployment so I had some down time to study more about real estate sales without the pressure of having to make sales right aways. But it also muddied the waters because there was so much to learn about being a solo agent. Originally, the plan was to sell real estate to fund my investments in BRRRR properties and to also have unique access to real estate opportunities. But like all plans there were challenges and my first child was born shortly after my return which made it a little harder to devote the time required for a new agent to grow their business. In my first year I was able to leverage my Sphere of Influence to close 4 transactions, 2 on the buyers and 2 on the sellers side. I was also able to work with a great mentor that guided me through the entire process and even certain setbacks like an appraisal tidewater, VA loan speak for a home that didn't appraise for the contract price. I have been able to develop my skills for working with traditional home buyers and sellers but now I want to pivot towards growing my network and experience in serving investors. A big reason why I am here is to learn what investors are looking for in an agent, increase my own investment skills and connect with like minded individuals.

I'm a huge believer in continuing education and audio books have changed my life because they allow me to learn while maintaining a busy work/life schedule. I would like to share what real estate investment books have had a huge impact on my strategy moving forward. Big shout out to Anson Young, his book Finding and Funding Great Deals has to be one of the best hidden gems with process driven systems for finding off market properties using listsource.com and other methods.

1. Finding and Funding Great Deals: The Hands On Guide to Acquiring Real Estate in Any Market- Anson Young

2. Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple - David M Greene

3. The Millionaire Real Estate Investor - Gary Keller, Dave Jenks, Jay Papasan

4. Flip: How to Find, Fix and Sell Houses for Profit - Rick Villani, Clay Davis

4. Hold: How to Find, Buy and Rent Houses for Wealth- Steve Chader, Jennice Doty, Jim & Linda McKissack, Jay Papasan

5. Raising Capital for Real Estate: How to Attract Investors, Establish Credibility and Fund Deals - Hunter Thompson

6. Fundamentals of Analyzing Real Estate Investments by Simon He - This is a Udemy.com course but it's absolutely worth it when they have one of their frequent sales.

7. Last one is - How to Analyze a Wholesale Deal in Real Estate by Simone He- Also from Udemy.com, If you're looking to understand the 70% rule, what an MAO is or how to structure a deal depending on if the buyer is a flipper or a buy & hold investor, this one is gold.

That's it for my intro and I really appreciate you taking the time to read this. I look forward to contributing and connecting in the future with some really great people on here. 

Take Care!