All Forum Posts by: Pradeep Tiwari

There are many options, in more traditional way, you can attend classes conducted by gurus to understand the process, people has opinions about these classes but most of the time it’s 2nd hand info.

same could be done on own but it will be super time consuming.

other option is to find someone from your network who is doing it and pay some money and learn and invest with them.

MF is a big beast and principles always look for investors- this will be expedited learning and you’ll earn too.

Even if one has lot of money (million+) to invest, better to invest in multiple properties to help with diversification.

Value add really helps to multiply money and in case of MF you can have partners manage it for you.. say you can onboard 2-3 partners with less cash contribution but commitment to manage reno and other things..

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Originally posted by @Kerry Baird:

I’ve used Caeli Ridge and her company Ridge Lending on several rentals.

Could you please share contact?

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I`ve two SFH in Durham and looking for a portfolio lender for long term lending.. any recommendations, connections ? Feel free to tag someone who can help me :)

#Lender

#portfolio lender

#Durham

#NothCarolina

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My thesis is, upper range homes are getting price reductions etc but low-mid, fixers etc are getting interest from other segments.. Redfin/Zillow estimates 15-18% rise in price this year for Tacoma WA homes and I don’t see anyone reducing price for any sub-mid $250k homes ..

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😀😀😇😂🤣

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Could you please share the details @at [email protected]

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@James Dainard let’s connect ..

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Tacoma, Washington

Originally posted by @Jack D Falkner:

Hi everyone, my name is Jack and I am an aspiring real estate investor in the San Diego area. I am 17 years old and have so much passion and motivation for the real estate business. I recently found a partner at a networking event and we were wholesaling a deal together. I told my parents to see what they thought and they really didn't like it and shut me down almost instantly. They made me call up my partner and cancel everything on him because I needed a "College Education" and that I was too young. I spent hours each night researching marketing strategies, doing comps on properties, messaging cash buyers, etc. I gave up weekends and worked so hard just for them to tell me that I was too young. I have a burning desire to be successful in this business and I know that I want more out of life. So I am reaching out to you guys in need of some clarity or any suggestions you guys may have. Anything will help me out. Thank you!!

Just believe few things (even without validation) love of parents, and couple of other things .. I would suggest to talk to your parent not to put you point of view but get their point of view, be a awesome son than a millionaire but ultimate goal is to become awesome millionaire son 🙂

And deal of the day comes everyday so i’m sure you are not loosing anything there ..

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Originally posted by @Dan H.:

I have a teenage son. I wonder how your exchange went. Did you stay calm and present a well thought out rationale for wholesaling. I want to be clear I think wholesaling (WS) is not easy but if you think it is the correct path for you at this time here are some thoughts that if articulated in a clear and level method may help sway your parents.

WS does not preclude you from going to college. It can be worked part-time.
WS would teach you a lot about marketing, sales, finance, networking, responsibility.
Instead of working for someone else you would be almost solely responsible for the success.
Many of the most successful entrepreneurs did not finish college: Zuckenberg, Gates, Nick Ayers, etc.
Many of the wealthiest people have made their wealth via real estate including Trump (or his father).
That RE is a passion. Best job is the job you are passionate about.

I would communicate to your parents that you understand that a college education is valuable and provides more opportunities but that RE is a passion and that WS is your means to work RE.

Remember that if you are argumentative your parents are likely to respond in kind and it likely will not get you the result you desire.

Good luck

Thanks Millions drops out of college and goes nowhere, just because if worked for few it will work for you is no guarantee, Bill gates and Steve Balmer was in top college at the best time and their families had their back.. Bill gates used so many resources from him parents business in the beginning says was a factor for his success..

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All Forum Posts by: Pradeep Tiwari

Pradeep Tiwari has started 11 posts and replied 57 times.

Post: Looking for Lenders in NC

Post: How to get started with multi unit investment in Bay Area

Post: Any portfolio lender for Durham properties

Post: Any portfolio lender for Durham properties

Post: Are prices dropping yet?

Post: Renovated Duplex in Durham, NC - $169k

Post: 21 Doors Package Deal

Post: Multifamily Buyer in Tacoma, WA

Post: In Need of Clarity and DIrection

Post: In Need of Clarity and DIrection