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All Forum Posts by: Samuel Key

Samuel Key has started 3 posts and replied 10 times.

Thank you @Abel Curiel ! I will check that one out. 

Post: Newbie from Tuscaloosa, Alabama

Samuel KeyPosted
  • Posts 11
  • Votes 0
Originally posted by @Will Clark:

Hey man, go talk to my best friend from High School -- Grant Holley. He goes to Bama now, and he helps me run my wholesaling and rental property investing business. Don't be afraid to start young - I started it 4 months ago when I was still 19 ... full time student and SEC football player. You can do it! 

Hey Will,

I am sorry I just now am seeing this. I have been caught up with applying to jobs, school, and family these last few months and have not had the chance to get on BP. Is there any chance I could get your friend's contact information? I'd love to talk with him and you about your experience and earn from you.

Thanks in advance,

Sam Key

Hey Everyone,

These last few months I have been working/talking with a few real estate investors in Tuscaloosa, AL. I have been trying to bring value to them anyway I can, but all of them have told me the best way to provide value and learn the market is to get my real estate agent license. 

The last few days I have looked at the process and decided this would be a perfect time to get my license while everything is slowed down. However, I am confused on how the pre-exam courses work. 

Is there a online class I can take? Or do all aspiring agents have to take a physical, in-person class to sit for the test?

If there is an online course that will allow me to take the exam which one do you guys recommend? 

Thanks in advance,

Sam Key

@Nicole Heasley Beitenman thank you. 

Visited Cleveland for the first time this past summer for the MLB all-star weekend and loved the downtown area. 

@Peter Giardini thank you very much. It really means a lot to hear someone say some words of encouragement in a time when I know I have found what I want to do, but am not 100% sure if I am going about it the right way. 

Your response definitely helped me out. I have joined a local meet up for investors in my area, and am meeting with a local agent early next week (He is a good friend of someone I worked for this past summer).

I am a finance major at The University of Alabama so I feel like once I am able to get my hands on some numbers and statistics it will allow me to feel more in control of my strategy, and narrow in on what works for my market.

I am a first time real estate investor who is looking to flip distressed houses in his local market, but I do not know if I should approach family friends, and other possible capital suppliers without a clear business strategy and understanding what kinds of homes are selling in my market. I have saved just over $10,000 to invest, but I am looking for a partner to cover the rest of the down payment and co-sign the loan with me since I am still in college.

I am almost done with "The Book On Flipping Houses" by J Scott and he talks about being specific with the type of home that is selling in your area, but also talks about showing realtors that you are a serious investor. Are most realtors willing to provide market statistics from MLS even if I don't have my financing in order?

I am wanting to use the market statistics to create the business strategy and find the kind of home I am looking for, but I don't want to waste a local realtors time. 

Any advice, or examples from investors on what you did to get the ball rolling on your first deal?

@Ali Boone RTR! Sorry I am just now getting the notification for this.

Thanks @Jack Butala. Just read a couple of your blogs for beginning investors. Great content and advice. You're exactly where I want to be in the future.

@Jake S. thanks! Got some great info based off reading some of your previous comments on other posts. What would you say was the most beneficial learning tool for you starting off? 

My name is Sam Key, and I am a senior at the University of Alabama majoring in Finance with a specialization in value investing (GPA: 4.0).

I was born and raised in Northwest Alabama, but plan to stay in the Tuscaloosa/Birmingham part of Alabama. I have no previous experience in investing in RE, but I plan on buying my first rental property while I finish up school. After college I would like to grow my portfolio of rental properties through a series of partnerships with other investors. Long-term I want to start my own construction company and use my experience in RE and raising funds to syndicate big commercial properties.

I found BiggerPockets through the podcast. I have been a long time subscriber to the podcast, but have never participated on the website until today. I look forward to being apart of this forum and building long-term relationships with likeminded individuals.

Thanks in advance for your advice and comments,

Sam Key