All Forum Posts by: Brian H.

The site you have listed in your signature, is that your company? It has properties listed for rent it looks like? So you do own properties that you rent? And it says you are a private broker. So you have your agents license? That's  good start.

For wholesaling, I feel like a lot of it would be the networking. Along with that, taking time to learn how to do comps and figure out the potential value of properties. I have no experience wholesaling but I feel like these are things that would be good to figure out.

 I'm very new to this as well. Actually closing on my first fix and flip property tomorrow. I have been reading, learning, networking for over a year before closing my first deal.  

I would be careful how quickly you jump into this.  There will always be opportunities.  I was very excited at first too.  I wanted to find a property right away to start making money. Now, I am so glad it took a year to get my first deal. I have been under contract on five other properties during this year. I walked away from all 5. Now at this point with this deal that I'm closing on tomorrow I'm so glad that none of those properties worked out because this one is a great find.

What I'm getting at is just don't rush it. It's exciting to think about getting moving in this whole real estate investing thing. It's exciting to think about starting to make money. It's exciting to think about Financial Freedom. It's exciting to think about not having to work for other people ever again. But I realize if I had jumped in as quickly as I wanted to right the beginning with the first property I came across, I would be screwed right now.

Not saying this property you found isn't worthy of investment, but just be wary. It's easy to get in over our heads or excited about something. It's easy to be blinded when we're looking too far into the future and not focusing on the now.

This forum provides a great resource for Learning and networking. Also there are some really great books out there you can get ahold of that could really teach you a lot.

I wish you luck!

 Discriminating against those that cannot afford renter's insurance? Just want to be clear where the discrimination may lie. I love learning about all these sorts of things!

@Justin Jarboe

Thanks for that update!!

I see you don't require renter's insurance. Is that just a choice or is that a legal thing for you?

If it is by choice, I am just curious why?

@JD Martin

Uggggh... I want to do what I can but I feel like that piece may be best left to the professionals at least with this house, being brick and all. 

@JD Martin

I have some time.... but it is about to start getting cold, so I don't know if I have THAT kind of time before then. I run a kitchen 75+ hours a week but still make sure to (usually) get my two days off a week.  I am assuming this would take a good 3 or 4 days for an unseasoned painter, such as myself?

 I had been told by two different realtors to steer away from mulch as it attracts termites.  Is that true?  I love the look of this property though! 

Are the colors in the first picture above a light gray, black shutters and door, white trim?

Thank you all for such great ideas and additions for my lease! It has been a couple months since anybody is added to this discussion and I was curious if there's anyone else that has other addendums or additions that they think really solidify their lease?

Would love to hear from some others!

 Those are some really pretty colors, but are those more for exterior? I really like the idea of those colors on the interior. One of the biggest frustrations for me in all of this rehabbing is that I just don't seem to have an eye for painting or changing up the layout of a house from the inside in a way that might make it flow better or other things like that. Is very frustrating. Is that something that comes with more and more rehabs or is that something that some people just have an eye for?