All Forum Posts by: Seth Rouch

@Juan Campos this is a great question. I’ve found that a money market account works decently for temporary or short term holding. Also find someone to lend it out to. I know I’m personally always looking for small amount lenders for the rehab costs for example. There’s bound to be someone you can find to lend it out for a 6-9 month period as a second on a promissory note etc. Best of luck in your adventures!

Thanks @Tom S. for the additional helpful insight!

@Kelly Martinez thanks for those resources!

Can a I, as a landlord, report my tenant paying monthly rent on time to help them with establishing their credit score or bettering their score?

House Hacking - One of the simplest ways to own your own real estate while others help you pay for it. While you're there you can BRRR it and build your portfolio.

I'd recommend a 2-4 unit to start with as that will also give you land lording skills.

Enjoy the journey! And remember, its a marathon and don't compare your achievements (or lack there of) to others.

@Steven Tawresey

Inspirational story! Love it when people are changed through RE. Keep it up!

@Connor Fortenbacker

Here’s a short list, but if you search for books here on BP you can’t go wrong. Cheers!

Never Split The difference - Chris Voss

Emyth

Rich Dad Poor Dad

The millionaire next door

Scale

The ONE thing

Traction:get a grip on your business

What every real estate investor needs to know about cash flow... and 36 other key financial measures

ABCs of real estate investing: the secrets to finding hidden profits most investors miss

How I turned $1000 into $5million in real estate in my spare time

Building wealth one house at a time

The millionaire teal estate investor

Landlording on auto pilot

How to manage residential property for maximum cash flow and resale

@Brian Nichols

I live in CO but invest in KCMO. I’ve worked with @JK Rodricks and he’s been great. He’s very investor friendly agent and has worked for turnkey and property management companies. Highly recommend him. I can send you his info if you’re interested.

Welcome to the world of RE investing! It’s a long ride so hold on and stay steady. My advise-One of the worst things you can do is buy a bad deal just to “have a deal”. Run your numbers. Know your goals for each property you buy. ;) -cheers!

@Jason M.

Welcome! Reaching out is the first step to making and building relationships. Additionally I would recommend joining some Facebook groups. There’s great info and people on those as well. Best of luck and feel free to reach out with any questions etc.

@James Carlson

Love the info and conversation here. I don’t have anything to add that hasn’t already been said. Thanks for breaching the subject and brining great info