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All Forum Posts by: Michael Bunker

Michael Bunker has started 1 posts and replied 4 times.

Post: Could use some help/possibly partner

Michael BunkerPosted
  • Posts 4
  • Votes 0

Thank you so much! I’m going to pm you my info hopefully we can connect, would love to pick your brain!!

Post: Networking within Massachusetts!

Michael BunkerPosted
  • Posts 4
  • Votes 0
Quote from @Sam Horton:

Welcome Ryan! Happy to connect with you. I am a Realtor/Investor. I also host a networking group in the South Shore. Info on the next meet-up is in the event sections of BP. 

I just wrote a post I’m pretty positive in this section, I’m from Weymouth and highly interested

Post: Could use some help/possibly partner

Michael BunkerPosted
  • Posts 4
  • Votes 0

Hello and happy New Year's Eve everybody. So my partner and I are trying to start a real estate business, using the brrrr method. We are brand new to real estate, I have a 20+ year career in construction and am a licensed electrician. My partner and I recently won a law suit so together we make a powerful duo financially. Seeing as we have that to fall on we want grow that into generational wealth. We are sick of working our fingers to the bone for someone else. We accept help in any forms. We will be looking in all of New England and open to even further out of state properties. I think her and I know what we want we just don't have any idea how to start the process. I guess one big question is how do we become official? Do we start an LLC? How and what kind of insurance should we be looking into getting? And then one major thing would be help or guidance on where to find properties for sale? Is there a certain site with properties for sale? And also how do I find unlisted properties? Thank you so much in advance for any words of wisdom/critique/anything in between. I have a beautiful one year old boy and a gorgeous wife and I'm just trying to have that time I desire and need with them.

HAPPY NEW YEARS!

Best regards,

Michael Bunker

Quote from @Michael Carbonare:

@Kaylyn Schroka  I recently posted about my rocky start in real estate here and here.  I'm not a wholesaler so I can't address that interest of yours.  My opinion as an outsider looking in is that wholesaling is a heck of a lot more difficult than the sales pitches tell us it is.  I started assigning/flipping lease options using a strategy known as a cooperative assignment.  Enabled me to get going in this business with minimal risk and minimal cash.  I was able to raise much needed cash and then branch into other strategies as deals were found.  


 Can you explain this cooperative method please?