All Forum Posts by: Stephen Daniels

@Greg Scott Thanks for the advice! I think more than anything I just wanted a little confirmation from the BP family to put my mind at ease.

So we are all looking to find markets that are thriving right now yet are also resilient to any additional constraints the "pandemic" may cause in the near future. Just today I was discussing the idea that investing in a community predominantly occupied by retired or close to retirement individuals would be a smart way to theoretically "underwrite" some stability into my REI portfolio. I'm very interested to hear what you all have to say on the matter, so what are your thoughts?

@David M. This is all really great stuff, and don’t sweat it I really appreciate all the input I can get! I will absolutely be reaching out.

@Jacob Peistrup Great point about having them work a deal for me! I also want to see how in tune they are with the market and if they are seeing the same signs as I am.

Quick question though would you personally be turned off by an investor who wants to see if you understand the analysis of a good deal?

@Bryan Noth Very glad to see agents like yourself responding to this!

One of my goals is to determine if they understand the BRRR Method or can at least follow it.

I guess the most important aspect I’m looking for is how well we get along and honesty.

@David M. Great stuff right here this is exactly the type of advice I was hoping to get! I also guess that I probably should’ve did a better job at explaining what my expectations were LOL sorry about that.

I want to be one of the first big time investors in the market that I’m currently looking at. Based on some extensive market research, I do believe that my market will thrive during and post pandemic, so while rates are low I want to get a head start.

We believe the BRRR, house hacking, and rent by room methods are probably what we will focus on for the next five years. Needless to say I want the Agent we choose to be part of our team in the coming years.

Hi everyone! So my wife and I have an appointment with an agent here in Arizona we have never worked with before.

As David always says never assume just because your agent is nice that they are good.

In the spirit of finding a good agent for a new area we are interested in.

In all of your opinions what should be some key things we talk about and questions that we should ask to ensure this agent is one of the few good ones?

@Debbie C. Thanks for the tips! It’s funny you say that, my wife and I were on Craigslist earlier today scoping out competition pricing and got the same idea.

Looking at what’s working for others right now is soooo much easier than taking a stab at it all on your own. Btw check out Zumper.com if you are looking for rent by the room ideas.

@John Zavala Hey man I think the first step is a sharp plan so you are on the way. Just continue advancing that education and the credit score will come. I’m looking into seller / owner financing right now as which often can lead to no money down and credit score being irrelevant. Keep looking for those deals and like Brandon says ask how you can do it!

@Pat L. Wow! This is pretty incredible success you've had, I hope I can replicate this in the very near future!

Also, interesting perspective on offering such high interest rates, did you ever have any troubles keeping up with the payments due to lack of tenants?