All Forum Posts by: Timothy Smith

@Kelly DeWinter Wow! Thats great! If there's one thing i really need it's to become more organized. I think I will start to plan my days out better, because it feels like it always starts and ends the same way, chaotic.  Do you usually schedule your entire week out or go day by day? 

@Taylor L. I couldn't agree more, cutting back on the things i like to do, that inevitably become time wasters, started out a bit painful, the more i focus on my business the more driven i become. 

Thanks for the advice!

Hey BP community,

I've been trying figure out the best strategies for managing my days that already seem short.

Between family life, a full time job, reading every book and listening to every podcast about REI, and not the least, finding deals im curious how everyone structures their days.

Is there ever enough time in your day and did anyone start out with a team to help with workload?

The road blocks are plenty when first starting out, i think one of the biggest is finding reliable contractors! It seems if they're not jacking up their labor costs they're just not showing up 3 days out of the week. But having said that, when i get lucky i find some really awesome people to work with!

Thanks Richard, it's nice to talk to people in the same mindset. whats your main focus? I've seen you've been in biz for over a decade, I've got some catching up to do, ha!

Hey Everyone,

Just starting out and getting into the nitty gritty with my second property. So currently investing in the hanover/ white river junction NH area, and Charleston SC area. I'm a carpenter by trade and looking to start a Brain Trust, i would love to share ideas or answer any questions you have, whether if its about renovation or REI ( i have limited knowledge as of yet) But i can find an answer if you're really having a tough time finding it. Also if you're in the hanover area in New Hampshire and would be interested in a meet up group i'll be posting one in mid June.

   Cheers,

            T. Smith

Investment Info:

Single-family residence fix & flip investment in Charleston.

currently working with RE Agent and rehab crew to start work on This Rehab and Flip.

What made you interested in investing in this type of deal?

Stars aligned for a partnership with owner for a split to hold mortgage.

How did you find this deal and how did you negotiate it?

I've seen this property, for almost 20 years, in a growing market. The owners were unable to maintain the property to a point of disrepair. so the terms of the split are mutually beneficial to everyone.

How did you finance this deal?

Private loan, Bussiness credit.

What was the outcome?

To be Dtermined