
1 October 2020 | 7 replies
Take the advice on BP like I did and use a credit checker like Credit Karma or something else to keep track of your score.

23 September 2020 | 1 reply
Hi All,Does anyone have a resource for proven marketing strategies and scripts for a variety of strategies.

26 September 2020 | 5 replies
@David AndersonBeing able to defer the gain from putting it into a Qualified opportunity zone is not as simple as buying a property within the zone.Regarding finding the designated tracts, you can likely type into google "<insert county/state> qualified opportunity zone tracks"You likely want to work a tax professional who specializes in qualified opportunity zones to make sure you are following the book.Some of the steps include1) Funding the entity with capital gains within 180 days2) Self-designation as a QOF3) buying a property within a Qualified opportunity zone4) Rehab the property for atleast the cost of the building5) satisfy periodic asset testing6) satisfy holding period requirement7) etc etc etc

23 September 2020 | 8 replies
Aside from the interest rate and amount of the loan, you should also look for a lender with a solid track record and reputation.

24 September 2020 | 88 replies
These are the books that I still wish I would have/could have read when I was 18:Mindset/Money Management:Rich Dad, Poor Dad by Robert Kiyosaki- the foundational real estate book everyone should readTotal Money Makeover by Dave Ramsey - the foundational personal finance book about budgeting and saving your money because you'll need to save as much of your money as possible to succeedThe One Thing by Gary Keller - foundational book on how to stay focused on what really mattersReal estate books:How to Invest in Real Estate by Brandon Turner - Real life stories on many different ways to invest in real estateReal Estate Investing with No and Low Money Down by Brandon Turner - Breaking the myth that you need massive amounts of capital to become wealthy in real estateThe Book on Rental Property Investing by Brandon Turner - explains how to buy and hold property and why it's the foundation on obtaining long term wealthLong Distance Real Estate Investing by David Greene - this explains the systems anyone can/should use to buy real estate in any market around the country including your own local marketBuy, Rehab, Rent, Refinance, Repeat by David Greene - explains how to fast-track your wealth in real estate by recycling the same money to buy property after propertyFlipping Houses by J Scott - learn the flipping process to increase your income and have more money to buy rentalsRecession-Proof Real Estate Investing by J Scott - learn how our economy works, how it affects the real estate market and how to prevent yourself from losing your propertiesManaging Rental Properties by Brandon Turner - in-depth, how-to guide on managing properties and how to organize yourself; even if you use a property management company, it'd be great to know these skillsFinding and Funding Great Deals by Anson Young - ideally, your main method for finding deals should be by establishing great relationships with Realtors, wholesalers, and other investors but understanding how to find off-market deals and later pursuing these deals after you've established yourself could be beneficialRehabbing/renovation:Book on Estimating Rehab Costs by J Scott - learn how to define and calculate your renovation budgetHow Your House Works by Charlie Wing - visual guide to understanding and maintaining your houseComplete Guide to Home Inspection by Roger Robinson - know how to inspect a property and what to look for when looking at a propertyRenovation by Michael Litchfield - In-depth look at how to do almost any renovation projectComplete Guide to Contracting Your Home by Kent Lester - fully understand the contractor's job and how to effectively communicate with them Dream Home by The Property Brothers - understand the mindset of a home buyer and which renovations are most sought afterPeople/Negotiation... real estate is a people business and your ability to effectively communicate with others and build relationships will end up being the most important part of your real estate journey:How to Win Friends and Influence People - foundational book on building people skills and possibly one of the most influential business books of all timeThe Book on Negotiating Real Estate by J ScottNever Split the Difference by Chris VossPitch Anything by Oren KlaffOkay, now I'm looking back at this list and realizing just how exhaustive and probably overkill it is for an 18 year old.

23 September 2020 | 9 replies
This has been very encouraging for me in making sure I'm on the right track.

24 September 2020 | 5 replies
Buying in SF is a bet that a) "jumbo" loans will return to 2019-levels of availability and b) working from home is going to largely go away once the economy re-opens.For b, your guess is as good as mine.For a, you can track the general ease of availability of jumbo loans at the following link.

23 September 2020 | 2 replies
Option 2 seems like a more conservative approach but may take BRRRRing off the table so you will need to save longer to afford the down payment on the next property.If you haven't done it already I would run all of the contingencies through the BiggerPockets Calculators to see what will give you the best bang for your buck.I wouldn't get hung up on the fact you've never BRRRR'd, nobody has done it until they do it and plenty of people out there have proven that it is possible.

23 September 2020 | 3 replies
But still on track to do 5 or 6 rehabs and a couple of wholesale deals.

24 September 2020 | 1 reply
Book on Managing Rental Properties: A Proven System for Finding, Screening, and Managing Tenants with Fewer Headaches and Maximum Profits: 3 by Brandon TurnerHow to Invest in Real Estate by Brandon TurnerBook on Rental Property Investing: How to Create Wealth with Intelligent Buy and Hold Real Estate Investing: 2 by Brandon TurnerThe Book on Investing in Real Estate with No (and Low) Money Down: Creative Strategies for Investing in Real Estate Using Other People's Money: 1 by Brandon TurnerThe Intention Journal or 90 Days of Intention: The Real Estate Investor's Daily Journal Imitation Leather – 20Are these are good books to read and worth it to read as good investment?