All Forum Posts by: Richard Forbes

@Dan M. Awww man, it does not get no better than this. For any of my beginner reading this . This is a very good tip and I want to thank you for giving your feedback. We need more experts to speak up like this and stop doing courses where people are not learning nothing . They drag out the classes and leave out important details. Certain people leave still confused and still don’t know where to start . I

Applause the ones who took their time on going out there and learn off mistakes.

People over and over as a investor ask how you find your first deal and how you manage to get your investment funded? And what are the steps on closing the deal.

- For looking for deals below:

1. Do you drive around ?

2. Find a agent ?

3. Go on certain listing websites?

- Getting your investment funded:

1. Do you have an investment group ?

2. A private lender

3. Hard money

- Closing your deal

1. Do you have an business to contract the transaction? Like An LLC etc

2. Do you make the broker or agent do all the work and your just the middle man investor. lol

3. Or do you have a website where you obtain contracts and put the property under contract ?

If you have any suggestions on how you started out and would like to share . Please feel free . Your experience would help a lot of people who have the same question as I do.

@Kevin M Dobyns I am at the stage right now looking for a deal but literally don’t know where to look . I was thinking about buy n hold. How you manage to find a good deal ?

@Steve Morris Hey you have a good point there. but @Brandon Vukelich hit the spot. I just was doing something without a plan. Now that Brandon gave me a plan example. 

First, I will do is Create a plan and 

Next, focus on my plan

Finally, execute my plan.

Thank you Guys !

@Dallon Schultz I honestly appreciate BP for people like you guys . Remember, I said it was an Homework and I am a student right now that’s willing to learn from the teacher “Experts”. Yes, I was wasting someone time but was it worth it. Yes! Because not only did I try ; I actually came out with something to ask and without questions how can you know if your student is learning something. I am a beginner. If I don’t know how to walk . I am going to Crawl then take baby steps. @Jeph R. Your Absolutely right. I am missing a huge big concept on the no money part.

@Brandon Vukelich Thank you as well . Connecting with you guys is a life stepping stone for me . There is a lot to learn. What would you recommend ? Any books , podcast etc.

@Kyle J. Thank you as well.

Last night I was going over Brandon Turner webinar and Quite frankly I have to say he’s one of the best and I would also recommend him to anyone who is willing to learn and interested on investing in RE.

Cut the story short. I had a homework to do; which is find a broker or agent and look for a deal .

Early this morning, I made it my duty to find a deal n a broker.

one of the questions that was asked “ what is your budget?” .. for all my BP members I need help answering this question for future purpose . I want to know what to say in advance. If I don’t have no money . What should I do ? How can someone like myself with no fund answer a question like that .. are what can I do in this type of situation.

@Owen Dashner are you in a meetup group ? And where are you from ? Pm

@Timothy Hero pm private lenders for residential and commercial

@Calvin Ozanick where are you located and how much do they want ? I am a investor as well and @Arn Cenedella pm please

@Lance Lvovsky I will pm you