All Forum Posts by: Stephanie Dobbs

Welcome to BP! It's so much great information, and all of it is useful! Your best bet would be the podcasts and forums (especially for searching on topics related to flipping). I really use the podcasts to gain insightful information, as I like to learn from others' mistakes (instead of continuing to make my own, lol).

Congratulations on joining, and enjoy looking around! Happy Learning!

Stephanie Dobbs

Hi Mr. Besecker,

Congratulations on taking your first steps to complete your first fix and flip. I am in the same boat and have secured an investor. One thing you must remember though is risk must be commensurate with reward. If an investor is going to risk the amount of money put up for the flip, he's going to want to be compensated accordingly. For the investor, I secured, knowing I could not complete a deal without him (no matter how great the profits), I offered 50% of profits because I believe that's fair. I also outlined the potential fix and flip, everyone's roles, and the profit split in a neat power point presentation. And even though I knew the investor (personally), I believe he liked the professionalism I showed him. Keep those things in mind, and it may be easier to secure a good investor.

Wow congratulations! Mr. Wise, you are doing an amazing job and I am truly inspired! I have great aspirations, and if you believed it and achieved it (especially with the help of BP), I look forward to doing the same! Keep posting and reaching for greater with your real estate investments and businesses!

Best Regards,

Stephanie Dobbs

Congratulations!!!! I know it must feel good to have achieved those two accomplishments of  positive cash flow and having a real estate license. Having both will grant you with more confidence and greater access to necessary information (not to mention saving time, as you will not have to wait for someone else to allow you to view a property or provide comparables as your wife can now carry out such tasks). Congratulations again! That's awesome!

Stephanie Dobbs

 No problem! And as far as the jargon, I used flash cards to really hone in on the language and memorize what was necessary for the test (as I've been through the exam before, and will be preparing to take it again soon). As far as stress, don't aim to stress but aim to find solutions. I understand some decisions may be difficult to address or conclude, but if you look for stress you'll see everything in a negative manner. To avoid being a bitter person, always ask, what can be done or is this something I can change or a general question that will lead to action. A lot of adults stress over matters that they cannot control, even though they are handling business.

Welcome to BP, be sure to look into the forums, using the search bar to find information relevant to you selling your house.

Stephanie Dobbs

Hi Ms. Mullins,

Congratulations on making an excellent decision to return to real estate. That is great that even though you endured some stumbles, and noticed some mistakes, you evaluated where errors were made, and are taking great strides in the right direction - to be profitable in real estate! Welcome and enjoy the great knowledge that BP offers.

Stephanie

Hi Mr. Welsh,

Welcome to BP! I hope everything goes well for obtaining your agent license, be sure to study well for the exam as the law portion can definitely be tricky!

Stephanie

Welcome Mr. Lester, I hope you listen to the podcasts and view forums, you'll learn a lot!

Stephanie

 I only said them because they're true. I look forward to more great information coming from you.