All Forum Posts by: Micah Brown

Welcome

Rocky Mount.  I know for sure there is farm land out there that is decent but the "down town" part is not the business.  

Agreed.  I think you would literally have to buy the whole town and reinvent it.  

I went to go see a house a few weeks ago that based on the numbers was a killer deal. I made the mistake of being too excited by the deal and hopped in the car with my partners for a 3 hour ride to this little town in central NC. I knew the house was 45 minutes from three major universities so I just jumped at it. We pulled into the town on a Saturday afternoon and there were no people on the roads. 4 out of 5 businesses were boarded up, the police station was the largest building and the houses were for the most part, run down shacks. A lot of 2 or 3 bedroom, 1 bathroom mill houses. The house we saw was a complete tear down project, even though I was told different. ARV would have significantly priced the house out of what that particular market would bare. It wasn't a total loss as we picked up a lead on a much better investment and are making an offer on that house but is there any money to be made in these run down towns across America? Have any of you guys/gals invested in a sleepy town successfully?

Ross, whatever your motivation, at the end of the day your desire to learn a new set of skills and a positive attitude will open up doors for you.  Stay open minded and don't shy away from hard work.  Be sure to ask questions and listen closely.  What we do is not for those who don't have a strong sense of confidence and trust in themselves and those providing the opportunity for growth.  Bill is absolutely correct about safety and the need for practice.  I still measure three times just to be sure be fore I cut once.  Seeing the customer satisfied with the finished product and positive growth in your bank account is worth the sacrifices and efforts you are about to make.  And don't forget to have fun with it.  

Call Joe at Brown Renovations @ 201-893-2419.  He is my old man and does beautiful work for investors and real estate agents.  I know his website is under construction but he wouldn't have a problem sending you photos for proof of quality.  He is also licensed and insured.  

Where have the days of a good apprenticeship gone?  Anytime I wanted to learn something I always had luck speaking with "the boss" and expressing interest in learning. Even if it's only a day or two a week.  Formal education or informal, just get started.  Go to Home Depot or Lowe's in their book sections.  They have all kinds of books that break down specifically how to do everything from applying joint compound, or laying tile, or even proper demo techniques.  If you are thinking about adding a bathroom or jacking up a floor....lol, please get help first.  My point is there are many resources including YouTube and BiggerPockets, Lowe's/HD and even your local contractors and possibly unions if available in your area, that are great assets for knowledge and will aid you in becoming a student of your craft.  

Cheers!

Continue to build momentum and makes more offers month after month.  Continue to out hustle and out think the competition.  Smile more this year than my past 28 combined.  If I'm succeeding, I'm smiling.

@Tom Mole awesome advice as well. I love BiggerPockets. I spoke to her and she didn't mention wanting anything in return but it is my nature to generously take care of those around me. I would be super willing to compensate her whether she passes me a deal or puts me in touch with someone who knew about any NPN. I will approach it cautiously and ethically. Going to court or taking advantage of someone in distress is not what my team and I are about. I know what being poor or long-term broke is and can do to a family. I am not about that life. My sincerest efforts are to profit but to also be an asset to those I encounter. When I see her again, I will follow up and post the progress. Happy New Year to you as well.

 Thank you for your advice Joel.  I appreciate the education.