All Forum Posts by: Nicole Pettis

@Felipe Gonzalez it really just depends on your agreement with him. Most people who have private investors will work out a deal that they pay them 10 - 12% + points when either the property sells(if its a flip) or at the end of 6 to 12 month term.

Great job! However I find it amazing that people are paying that much per night. So I would be curious as to who you are renting this too as well.

@Wendell De Guzman Great Job!!! When you are debt free it definitely gives much more FREEDOM!!

@J. Martin absolutely! My husband and I have paid off over $35k in debt in the last 3 years. I started following Dave Ramsey years ago and was on a budget for a long time, but we were so far in the hole that it took us a long time to get on even ground and really start paying off debt.

We were scrimping, saving, every dollar had a name. Very focused and just attacking debt like nobody's business. However my student loan debt is big and not getting any smaller, and I was tired of being a slave to it. Then our son came along and changed everything. Now I wanted to be a stay at home mom, so I had to figure out "how to be home with him and still make the kind of money I am making now" to get rid of all of this stupid debt.

So my thoughts brought me back to real estate investment. I have always been interested in it, but just thought I could never do it. And then I came across Bigger Pockets and researched, researched and educated myself. Then I heard a podcast in which Brandon spoke about 203k loans and it was ON! We were renting at the time. We had squirreled away some savings and I called mortgage brokers until I found one that was willing to do the 203k loan for me. Then I found a hungry agent who was willing to show me 30 homes before we found one that we could live in and fix up. 

And here we are. We have our first foreclosure and now I am working on finding 2 and 3 and 4. I love to flip, that is my passion. That is what I love and while it is a little more difficult to get going, I have finally found some investors that are willing to work with me and help me grow my business and fulfill my dreams. 

I owe a lot to this community, because without it. I don't think I could have gotten as far as I have with the confidence that I have.

Great thread J! Thank you!

@Kevin Auyong yes! Sorry we couldn't meet up. Friday was just crazy busy! Hopefully next time.

hey guys! The fee will only be $5, the same as usual:) sorry for the confusion!

Thank you! 

Hello everyone!

This month we will have @Dawn Anastasi speaking to the group about how she has built her buy and hold portfolio. Many of you have heard Dawn on the podcast on how she started her investment business with peer to peer lending, but now she has expanded with partnerships.

So please join us at the City Net Cafe at 306 E Wisconsin Ave, Milwaukee, wi (Stone Creek was booked)

When: 9am - 11am

As always you can meet and network till 9:15, when Dawn will speak and then we can have questions afterwards.

If you have any questions. Please let me know!

Thank you!

Personally, I would remove it. You're not going to get the return on it for your time and money. Plus majority of the time a carport makes a house look dated. Is there a garage of some sort for this house?

If I were you, I would tear it down and fix the landscaping. 

Great job! Looking forward to seeing the after!

@Louise Whidby-Drake What do you mean by invest? Are you looking for buy and holds? Or fix and flip? I love Wilmington, NC, aren't there any properties there worth investing in?

As for your question. You research where you would like to invest and then start making connections. If you want to do buy and holds, depending on the city, you can connect with people here through BP and get some insight on areas. And then grow your network from there. It really will take a lot more time and energy, because you aren't familiar with the areas and it takes time to build a good solid trust foundation with people.

Honestly I would look in your area first and then if there is nothing there for you, research and see where you would like to invest. 

Have a fabulous evening!

@Justin Dossey  welcome! There is a huge amount of knowledge on this sight! And it's always good to see someone from my hometown here as well:) grew up in STL and lived there till I was 34. Definitely miss it!