All Forum Posts by: Austin Davis

The purpose of this group is to invite folks to Doug and Austin's monthly real estate meetup! We've built a portfolio of over 100 rental property units in two short years as partners and wish to share our struggles, successes, and network with others that aspire to become real estate investors! Our intention is to aid new and experienced investors in achieving their goals however we can!

If you currently invest or have ever thought about getting into real estate investments, please join us for this FREE monthly meetup! Our general meetup format is to mingle with attendees to see how we can help in their investment journeys while bringing along a professional from our network (think lenders, CPAs, property managers, etc.) to speak and help accelerate the path to success for the meetup participants!

We have a firm "no aggressive sales pitches" policy, ourselves included!

@Stefan Christensen My partner @Doug Karkow and I are hosting a local meetup via zoom the first week of September. It might be a good place to connect with people and get your investment journey started.

The purpose of this group is to invite folks to Doug and Austin's monthly real estate meetup! We've built a portfolio of over 100 rental property units in two short years as partners and wish to share our struggles, successes, and network with others that aspire to become real estate investors! Our intention is to aid new and experienced investors in achieving their goals however we can!

If you currently invest or have ever thought about getting into real estate investments, please join us for this FREE monthly meetup! Our general meetup format is to mingle with attendees to see how we can help in their investment journeys while bringing along a professional from our network (think lenders, CPAs, property managers, etc.) to speak and help accelerate the path to success for the meetup participants!

We have a firm "no aggressive sales pitches" policy, ourselves included!

@Michael Barnhart of course!

Nice work!  The first one is the hardest one to pull the trigger on.

@Lester Nelson I agree with everything @Nicholas Wallraff said. Just make sure everyone knows what you are looking for including your CPA, lawyer, etc. I would also reach out to property Managment companies as they may know when their investors are looking to sell or trade up. Meet face to face with people and buy lunch/coffee. Provide value and be consistent and people will remember you.

Don’t give up. It will work out eventually.

Hello BP,

My brother wants to be a private lender to my real estate business and wants to use his Roth IRA money to do it.

He lives in Des Moines, so I was trying to find him a local self directed IRA for him to roll this money into locally, but haven't found that, so I have started looking nationally. I found some old l BP posts that recommend Quest IRA, and a few others.

What checkbook IRAs are people using lately with success? Is there a step by step process on how this all works somewhere?

Thanks!

@Elmar Deshae

I invest in buy and hold currently, but think you are on the right track with house hacking! I would definitely do that if I could go back in time.

I like your goal to only invest in good deals, but don’t let that stop you from getting started. If you wait for the perfect deal, you will never get anywhere. Look for deals with options and multiple exit strategies and learn what the market has to offer in the process.

Good luck!

@Greg Dickerson can you explain what you mean by “Ask the seller to convert to equity instead“.  

Does this mean that they just get a certain fixed dollar amount of equity in the deal and we can cash them out over time?

@Brian Sieverding vigilant and Tim Stolba are 2 that I have used. Both do good work!