All Forum Posts by: Steven Rhodes

It is very nice to still hear about your continued success Brie! Having met you at the monthly meets, I know that you deserve it because you put so much hard work behind everything that you do. I am still recovering from my condition, so I still have not gotten started but following your success path has been an inspiration to me which is why small setback do not bother me. Keep it up, enjoy your vacation and I will see you at the meets soon.

@Brie Schmidt 

On my calendar. :-D

@Nicholas DeLouisa Jr 

I truly understand how you feel. Let me take you back some years ago, with the magical power of imagination, to the point when you were first interested in becoming an electrician. Do you remember when you did not know a positive wire from a hole in the ground? And all of the pitfalls (crossing wires, not properly grounding the circuit, underpricing material, etc.) that you had not yet experienced. Do you see it in your mind? That feeling, to a greater extent, is what you are feeling right now pursuing RE. It is nothing new and we all go through it.

When you first learned your craft you had concerns, questions and was probably just itching to get your hands into something to see if you could just do it. In my opinion, you had greater risks to deal with being an electrician (electrocution, falling off of a ladder, house catching on fire, etc.) than being an real estate investor but you overcame those risks with blood, sweat, tears, knowledge and experience.

If you do choose to pursue RE then, in time, those fears and concerns will also be replaced with both knowledge and wisdom. In the end, follow your head and your heart.

I wish you Good Journey and hopfully you will choose the path that you can truly follow with all of your heart.

Amen.

If I had to condense the value of BP to one word then that word would be "indispensable". Now to expand on that word: BP is the indispensable and cost effective "Swiss Army Knife" of Real Estate knowledge that every investor should have in his or her toolbox.

Being a newbie investor, that took an interest in Real Estate Investing (REI) years ago but never took the plunge because of lacking confidence, I have had quite the experience learning from such knowledgeable investors who are so willing to impart that valuable knowledge freely. The BP community answered questions that I had about REI, in less than one hour, than the "gurus" did in nearly two decades!

Because of that, I have more confidence in pursuing my REI goals now than I did have before BP.

That is why BP is highly valued to me.

@Brie Schmidt 

I had to work late yesterday and just could not make it. I will be at the next one as I will put in some leave time whenever you make the announcement. I know everyone had a great time networking.

@Raymond B. 

Thanks a bunch. I think I accidentally did it one time but I could not remember what I did to pull it off. Thanks again.

Steven

Well @ Brian Burke, I must say that that is one great rehab. Looking at the front yard's before picture, that house was the perfect hoarder's house for a hoarder to live in! That tree blocked most of the view from prying eyes. After that you would just have to contain the stench (Which I could not even guess, for the life in me, how they pulled that off).

With that being said; now that you have some time, to look back on it all, is there anything that you would have done differently and why?

I have just read this and one other thread discussing wholesaling off of the MLS. I am just starting out in wholesaling and since an investor's credibility is on the line, if they perform this REI taboo, I must now ask the following question:

Is there a chance that a seller misrepresents himself or herself, to an investor, by saying that the property he or she is trying to sell is not on the MLS when it is? If so, how will I know if that is the case if I do not have access, to the MLS, at the time of negotiations?

Obviously, no self-respecting newbie wholesaler would want to shoot themselves in the foot by insulting buyers, so please forgive the "New Investor Smell" on my clothes as I await your wisdom on my question.

Hello @Ben Wilson and welcome to BP. You made a very wise choice coming here. I am also new to the REI scene and currently working on building my knowledge and business foundation.

I agree with all of the previous investors' posts and would only add that you should checkout the BP podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/, keep active on the forums and if you have any question about REI just ask your question here. It will get answered.

Take care and have fun.

@Brie Schmidt First, I want to congratulate you for your BP podcast interview ( podcast #078). I will do my best to make it there. Hopefully, I won't get lost this time around.