All Forum Posts by: Richard Chan

Thank you all for the responses!  I fully intend on learning as much as I can, but trying not to get stuck in the state of 'I still don't know everything'.  I know that I never will.  I am getting more and more comfortable daily working on numbers and putting pieces together.  I will know when it's right to pull the trigger and start deals, but I would rather wait longer to be comfortable, than make a huge mistake that screws up years of my investing future. The only thing more important that spending time on this is spending it with my little girls.  Best of luck to everyone!

Greetings and Salutations BP folks!

I found BP via Youtube starting with Peter Harris's videos and following suggestions.  Can't begin to say how impressed and motivated I am to have found this community.  Thank you!!

I intend to invest in multi family dwellings, starting with at least a 4 plex is my plan.  I have chosen this niche for many reasons I won't go into here.  This is my focus, and I intend to buy and hold, hopefully house-hacking the first one.

I have been working on analyzing properties using the knowledge gained from BP, and am happy to say it's not as hard as I made it out to be prior to starting.  

I live in Denver, and work at an established Title Company, so please use me as a reference for Title questions.  I very much welcome opportunities to network with anyone, f2f, phone, e-mails, etc.

Something I thought may help me is to ask all of you - What do you wish someone had told you before you started investing? This can be very general, like "I wish someone had told me that the work is 90% persistence." Or it could be something very specific such as "I wish I knew about 203K FHA loans that can do 3.5% down, and all I had to do was live in the property for 2 years".

Thank you in advance!  I look forward to the future of our dreams.