All Forum Posts by: Kyle Shepherd

Happy Wednesday everybody. I'm Kyle Shepherd. I live with my wife and two kids in central Alabama - very rural; about 35 minutes southwest of Tuscaloosa, 50 minutes south of Birmingham. Definitely “the sticks.”

Current day job is a web designer UI/UX designer and WordPress developer; I also have eight years of experience in book design and small-time publishing. I'm looking to develop recurring wealth/revenue in the rental market for a few reasons, one of which being so I can secure flexibility and funding for certain research work and writing that I need to do, but can't do right now due to time constraints (day job requires 40-60 hours per week right now).

My current goal is to have 100 doors in the next 10 years, with cashflow of at least $100 per door. Multifamily isn't a thing in my city (apart from converting a SFR to a multifamily, which I hear is not a great idea), so I'll be dealing almost exclusively with SFRs. Probably BRRRRs.

I jumped on board after a webinar Brandon gave a week or so ago on being prepared to buy your first property in the next 90 days. What sold me was the calculators + the treasure trove of back material + potential for mastermind access. Looking forward to using all these tools in the coming days/weeks/months!

Hey BP folks! This is my first post here. Been learning and reading as much as I can given (a) no commute whatsoever to listen to podcasts on, (b) my family responsibilities, and (c) a day job that takes 40-60 hours a week.

I live in small-town Alabama. I have a property near me with a homeowner who needs to sell fast, off-market. It could be a good deal, or not. They are very motivated.

However, because I grew up thinking credit was bad, I just recently acquired my first credit card, an Apple Card (don't laugh). I'm very behind the curve right now in terms of building my credit. I sought preapproval from one loan company in Birmingham, but was told I do not have a credit report/score. I'm going to approach my local small-town bank, but I don't have too high of hopes that I'll get anywhere since I have no credit report/score.

What's the best way of going about securing funds for this property in this situation? If it's by using private/hard money, can you give guidance on that basic process?

Thanks!