All Forum Posts by: Ryan Leake

Hi all!

I am at a stage where I feel like I could really use a mentor/coach to help guide me in beginning my real estate journey, and hopefully business. My expectations of this person would be to speak with me once a week and hold me accountable to the goals that the mentor/coach and I set for myself. To find the right fit, I am beginning to reach out to a couple successful investors to see if they would be willing to meet with me for 30 minutes. Please see me draft below:

Mr Greene,

I am 22 years old, born and raised in the Bay Area, and am itching to start investing in real estate. I’ve been working in commercial brokerage in SF for two years now, and learning the ropes of REI investing through my role, BiggerPockets resources and related books/podcasts/etc. My goal is to transition into the principal side of investing as quickly as possible and do something similar to you with out of state investing.

Frankly, it feels like I’ve absorbed a ton of knowledge yet I’m still missing the guidance/mentorship to take that first leap of faith. As someone that's steps ahead of me on the same path I'm looking to explore, you seem like you could be an incredible resource. It would be amazing if you had flexibility in your schedule over the next month to meet and let me buy you a coffee/beer/lunch.

Surely your time must be valuable, so I’d also be willing to provide an extra incentive in the form of a chore of your choice (can be real estate related or not, up to you)… pretty much anything you’ve been holding off doing because it's probably not very fun to do LOL.

Really hope we can make this happen and create a connection. Would be great to hear from you soon!

Best,

Ryan

Hoping to get as much honest feedback as I can on the draft before I send it out to potential mentors/coaches! Appreciate you taking the time to consider this.

(P.S. Might as well throw it out there, if anyone has real estate investor connections in the Bay Area that may be willing to have a conversation with me then please feel free to send them over! I will reach out and follow up with both of you :) Thanks!)

Hi all! 

I am at a stage where I feel like I could really use a mentor/coach to help guide me in beginning my real estate journey, and hopefully business. My expectations of this person would be to speak with me once a week and hold me accountable to the goals that the mentor/coach and I set for myself. To find the right fit, I am beginning to reach out to a couple successful investors to see if they would be willing to meet with me for 30 minutes. Please see me draft below:

Mr Greene,

I am 22 years old, born and raised in the Bay Area, and am itching to start investing in real estate. I’ve been working in commercial brokerage in SF for two years now, and learning the ropes of REI investing through my role, BiggerPockets resources and related books/podcasts/etc. My goal is to transition into the principal side of investing as quickly as possible and do something similar to you with out of state investing.

Frankly, it feels like I’ve absorbed a ton of knowledge yet I’m still missing the guidance/mentorship to take that first leap of faith. As someone that's steps ahead of me on the same path I'm looking to explore, you seem like you could be an incredible resource. It would be amazing if you had flexibility in your schedule over the next month to meet and let me buy you a coffee/beer/lunch.

Surely your time must be valuable, so I’d also be willing to provide an extra incentive in the form of a chore of your choice (can be real estate related or not, up to you)… pretty much anything you’ve been holding off doing because it's probably not very fun to do LOL.

Really hope we can make this happen and create a connection. Would be great to hear from you soon!

Best,

Ryan

Hoping to get as much honest feedback as I can on the draft before I send it out to potential mentors/coaches! Appreciate you taking the time to consider this.

(P.S. Might as well throw it out there, if anyone has real estate investor connections in the Bay Area that may be willing to have a conversation with me then please feel free to send them over! I will reach out and follow up with both of you :) Thanks!)

Michael - I wanted to check in 5 years later and see how you were doing! Any update on getting to your goal?? 

Would love to hear from you.

 Dave,

I really appreciate that mindset shift. The ability to take a risk seems to be the key to so much success in the field; and if you can make it a calculated one, then you're really playing the game. Thanks so much for sharing.

Appreciate the thorough response! I will pass this on to my friend as a resource. You make a great point about that mindset shift. Thanks again!

 Thanks for sharing! 

Hi y'all! I got a question from a friend that I need some help answering. They asked me: For young adults thinking about investing in a property with an FHA loan, where do they need to be financially to pay off those large mortgage payments?

And further, how do you recommend they approach the fear of being set back by debt for years on end?

Thanks so much for your time!

Hi y'all! I got a question from a friend that I need some help answering. They asked me: For young adults thinking about investing in a property with an FHA loan, where do they need to be financially to pay off those large mortgage payments?

And further, how do you recommend they approach the fear of being set back by debt for years on end?

Thanks so much for your time!

Happy Friday everyone!

This is for all those who real estate detectives that may have some advice for me on how to reach the owner of an abandoned property.

Here's the situation:

I found a run down house in a nice neighborhood with all the tell-tale signs of an absentee owner (piles of unopened mail in mailbox, tall unmaintained grass, and even some cracked windows).

I knocked on the door, no answer. I sent hand written letters to the subject property, as well as the house that I believe the true owner lives, no answer. My question is:

Is there anything else I can do to try to identify the owner of this asset?

(p.s. I've thought about calling someone that works for the city, but I'm uncertain if 1) it's appropriate and 2) that person exists.)

Open to any and all advice! Thanks for taking the time to consider the situation and provide your insights.

Happy Friday everyone! 

This is for all those who real estate detectives that may have some advice for me on how to reach the owner of an abandoned property. 

Here's the situation:

I found a run down house in a nice neighborhood with all the tell-tale signs of an absentee owner (piles of unopened mail in mailbox, tall unmaintained grass, and even some cracked windows). 

I knocked on the door, no answer. I sent hand written letters to the subject property, as well as the house that I believe the true owner lives, no answer. My question is:

Is there anything else I can do to try to identify the owner of this asset? 

(p.s. I've thought about calling someone that works for the city, but I'm uncertain if 1) it's appropriate and 2) that person exists.)

Open to any and all advice! Thanks for taking the time to consider the situation and provide your insights.