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All Forum Posts by: Tim Bergstrom

Tim Bergstrom has started 29 posts and replied 117 times.

Post: Step by Step rehab with none of my own money

Tim Bergstrom
Posted
  • Investor
  • Nashville, TN
  • Posts 123
  • Votes 69
Dude this awesome! What part of town was this in? If you want to DM me I would love to hear about anything else you've got in the pipeline. Really great feedback and love hearing what you learned!

Post: The next step, finding new partners and mentors

Tim Bergstrom
Posted
  • Investor
  • Nashville, TN
  • Posts 123
  • Votes 69

Hey BP,

I posted this about a week and a half ago specially in the Nashville Discussion board, and have had some great responses. But to continue I thought I would repost this here to cast a wider net. So here goes...

My name is Tim. I've been on BP since Feb or March and am in Nashville. In the past 6 months I've been aggressively learning all I can about REI and have been diving in with both feet. I've set up a company, been doing direct mail marketing, driving neighborhoods, joined REIN, networked with other investors and wholesalers, get MLS listings from my agent every day and look through them, have made offers on some deals that have looked like the number could work, read many BP forums, articles, listened to podcasts, and even been on the marketplace looking for deals as well! I actually got started on my REI journey by going to a guru seminar. But even though I've done all that, I'm still feeling a bit stuck. I have yet to actually complete my first deal.

So I wanted to post on here to try to find a bit of help. I'm interested in finding and partnering with another investor who is further down the road than me and is willing to lend a hand to someone who is motivated to succeed, get deals done and make some money. But of course a in a partnership I would need to bring something to the table as well. So...

Here's how I can add value to a potential partner:

- I have some liquid capital available, and can liquidate more if necessary

- I have a design background. I have no trouble walking into a crappy property and seeing its potential. I understand and have high value on flow, texture, space, color, end user/consumer, and general aesthetic. I want any flip I do to have the "wow" factor and develop a reputation of quality. So I can add a lot of value in making renovation design choices.

- I have good team working skills and a positive attitude.

- I have an open mind to new strategies.

- I have "house hacked" my own home and have taken it from the gaudiest thing you've ever seen to being clean, tasteful and up to date. (before and after pictures/videos available upon request, haha). As a result of that I also have experience dealing with sub-contractors from that process. So I would be able to take on project management duties as well.

So I wanted to put this out there to see if anything sticks. I'm specifically looking for someone in the Nashville area, but not opposed to input/help from elsewhere as well. So if anyone is gracious enough to be willing to lend or discuss possibilities I would love to chat and buy you a coffee or drink. Feel free to direct message me on here if you'd rather that than posting to this thread.

Thanks so much!

Post: Looking for investment partner/mentor

Tim Bergstrom
Posted
  • Investor
  • Nashville, TN
  • Posts 123
  • Votes 69

Hey Luka! Sorry I'm just now seeing your response. That would be great. I'll DM you.

Post: Looking for investment partner/mentor

Tim Bergstrom
Posted
  • Investor
  • Nashville, TN
  • Posts 123
  • Votes 69

Hey BP,

Tim here. I've been on BP since Feb or March and am in Nashville. In the past 6 months I've been aggressively learning all I can about REI and have been diving in with both feet. I've set up a company, been doing direct mail marketing, driving neighborhoods, joined REIN, networked with other investors and wholesalers, get MLS listings from my agent every day and look through them, have made offers on some deals that have looked like the number could work, read many BP forums, articles, listened to podcasts, and even been on the marketplace looking for deals as well! I actually got started on my REI journey by going to a guru seminar. But even though I've done all that, I'm still feeling a bit stuck. I have yet to actually complete my first deal.

So I wanted to post on here to try to find a bit of help. I'm interested in finding and partnering with another investor who is further down the road than me and is willing to lend a hand to someone who is motivated to succeed, get deals done and make some money. But of course a in a partnership I would need to bring something to the table as well. So...

Here's how I can add value to a potential partner:

- I have some liquid capital available, and can liquidate more if necessary

- I have a design background. I have no trouble walking into a crappy property and seeing its potential. I understand and have high value on flow, texture, space, color, end user/consumer, and general aesthetic. I want any flip I do to have the "wow" factor and develop a reputation of quality. So I can add a lot of value in making renovation design choices.

- I have good team working skills and a positive attitude. 

- I have an open mind to new strategies.

- I have "house hacked" my own home and have taken it from the gaudiest thing you've ever seen to being clean, tasteful and up to date. (before and after pictures/videos available upon request, haha). As a result of that I also have experience dealing with sub-contractors from that process. So I would be able to take on project management duties as well.

So I wanted to put this out there to see if anything sticks. I'm specifically looking for someone in the Nashville area, but not opposed to input/help from elsewhere as well. So if anyone is gracious enough to be willing to lend or discuss possibilities I would love to chat and buy you a coffee or drink. Feel free to direct message me on here if you'd rather that than posting to this thread.

Thanks so much! 

Post: West Tennessee homes availalble

Tim Bergstrom
Posted
  • Investor
  • Nashville, TN
  • Posts 123
  • Votes 69
Luke Schrotberger Interesting! I'd be interested in chatting with you more about these and getting some more info. I'm on vacation right now, but feel free to message me directly.

Post: Trustworthy Nashville Contractors

Tim Bergstrom
Posted
  • Investor
  • Nashville, TN
  • Posts 123
  • Votes 69

Awesome. Thanks Anne!

Post: Trustworthy Nashville Contractors

Tim Bergstrom
Posted
  • Investor
  • Nashville, TN
  • Posts 123
  • Votes 69

Hey y'all. This is my first BP post! Super exciting.

Anyway, I wanted to throw this out there to see if anything sticks. I'm in Nashville (TN) and I've got a deal coming down the pipeline for a rehab. I'm new to the "Real Estate Investor" game, but not new to Nashville and do have some experience working with contractors. I wanted to jump on here to see if anyone would be willing to give me a recommendation of a contractor they've used in the past for rehabs who they trust, is honest, and does great work. 

Time is a bit of the essence and I need to get out to the property with a contractor/inspector within the next couple days so I can have a better idea/confirmation of the scope of work that would be realistic to do with my $60k-ish reno budget. I've been out to the property myself and have walked around/through it. Its up in Inglewood and has been zoned as historic. Would be an AWESOME flip if the numbers work out right and the house would be gorgeous. And I feel confident that my numbers are in the right ball-park.

If anyone has any insight/recommendations I'm open! Either way I'd love to connect.

Thanks!