Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jay Terpenning

Jay Terpenning has started 3 posts and replied 5 times.

Post: Setting up Website/everything else

Jay TerpenningPosted
  • Residential Real Estate Agent
  • Mapleton, UT
  • Posts 9
  • Votes 1

Thanks everyone so much for your quick responses !!!

@Brian L.

I totally appreciate your advice, thank you so much! I do have like 10 days before i can do any sort of "work" yet though because i just sent in all the paperwork, fingerprints, etc. and was told it would be about 2 weeks before i get my 'realtor number' (not sure what it's called). So I've been trying to get as much done in that time as possible. Will be finished putting together my SOI list tomorrow (that brings up another question, what Contact Management Software do you use?), I've got my announcement letter done, pictures will be taken tomorrow or Tuesday. Got the card I'm going to use picked out, but don't want to have them done till i can put all my information on it.

I do have some money to put into all this. I'm changing careers because i travel to much and am away from my wife, 7 and 4 year old boys way too much.

I've been looking at RealGeek for the IDX, but still really don't know what i'm doing

Thanks again for all of everyones help!!! :D

Post: Setting up Website/everything else

Jay TerpenningPosted
  • Residential Real Estate Agent
  • Mapleton, UT
  • Posts 9
  • Votes 1

ok so I passed my test on the 30th and thought the hard part was over! I've been having a real hard time getting things set up and running, and finding/making a website that's not like every other realtors is driving me up the wall.

I was told to get one from this site http://www.proagentwebsites.com/ but I hate how busy and generic everything is. And I'm not paying $60 a month for something I hate!

Can anyone please give me some advice? I was think of setting things up myself with a Wordpress platform (I'm not tetchy, but I can figure it out) but I have no clue how idx and all that stuff works. :(

Thanks guys!

Post: Setting up Website/everything else

Jay TerpenningPosted
  • Residential Real Estate Agent
  • Mapleton, UT
  • Posts 9
  • Votes 1

ok so I passed my test on the 30th and thought the hard part was over! I've been having a real hard time getting things set up and running, and finding/making a website that's not like every other realtors is driving me up the wall.

I was told to get one from this site http://www.proagentwebsites.com/ but I hate how busy and generic everything is. And I'm not paying $60 a month for something I hate!

Can anyone please give me some advice? I was think of setting things up myself with a Wordpress platform (I'm not tetchy, but I can figure it out) but I have no clue how idx and all that stuff works. :(

Thanks guys!

Post: REOs

Jay TerpenningPosted
  • Residential Real Estate Agent
  • Mapleton, UT
  • Posts 9
  • Votes 1

I think a lot of the fear of the end buy dropping the deal can be avoided if you make sure they have the funds to close the deal (ask for proof of funds for your own peace of mind), then make sure you get a none refundable deposit. Otherwise, keep marketing your deal for real cash buyers.

Note - I'm very new to all this and might be wrong... that just seems to be a smart way to do business without leave everything to hope and chance.

Post: Need some LLC and general advice Please

Jay TerpenningPosted
  • Residential Real Estate Agent
  • Mapleton, UT
  • Posts 9
  • Votes 1

Here's the deal, I'm a Owner Operator Truck Driver. I am really big on paying for everything with cash, staying out of debt, Dave Ramsey sort of mindset.

Now about two years ago i made an LLC for investing, baught a house, rented it, and sort of forgot all about it. :roll: Things got busy.

Now that things are slowing down a bit for me i've had time to think about what i would like to build. I love investing! Not just in real estate, but well in everything. I want to build something where i can include other people. I want to be able to help people get out of debt, get good returns on their investments, I want to go to schools and teach 15 year olds things they should have already been taught before they start working, etc. The idea is sort of like a club where people can come and invest with me... I want to be able to show people in this club, this is what i'm working on, could be buying another truck, house, etc. If they want in, well you get the picture. Like I said, Dave Ramsey sort of mindset.

Now here's the question>>> How do I get started. I was wandering if I could use the LLC I started for investing? I’m not messing with my trucking company, obviously, but I also want to be able to use that company as an investment choice in the future because it brings in by far the most money. Though, the idea is to keep most of the money invested in real estate. Mind you if I can’t do it with cash then it won’t be done.

If you think I should just use the LLC I have now, this is my other question. I really didn’t keep up with all the things I needed to do with it. Didn’t keep good books, so how do I fix that so things are rock solid, and if I do use it I want to change it’s name. Understand, bringing people into this is something I want to do eventually. I want to have a good track record of houses I own in the company’s name and other things. I plan on going back to school while I build this track record too, so there’s my little dream. Please be gentle if I’m out of my mind.

Thanks!