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Updated over 3 years ago on . Most recent reply

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Matthew Morgan
  • New to Real Estate
  • Baton Rouge, LA
0
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Is a Coach Worth the $$$

Matthew Morgan
  • New to Real Estate
  • Baton Rouge, LA
Posted

Hey all, my name is Matthew Morgan, from Baton Rouge, LA, I'm a Sergeant in the United States Army and currently heading home from Syria, I started my deployment with the goal in mind to begin working for myself as my contract with the Army is finished. I stumbled upon Rich Dad Poor Dad, and wow, completely changed my mindset on money itself and reinvigorated my passion to start a business. I continued for 9 months dodging rocket attacks and reading everything that I could get sent out to me, Robert Kiyosaki, Brandon Turner, David Greene, Michael Blank, Brian Hennessey, Matt Ferguson etc.

I haven't been able to put any of the acquired knowledge to use for obvious reasons. This is a brand new field to me, and as much as I like going it alone and learning for myself, I'd like to enlist the idea of a Coach. Basically, is a Coach worth the money? I'm able to understand most of the niche of buy and hold using OPM, HML, and Syndication. However, as I'm not going back to work, this will now be a full time venture and I'd like to expedite the learning process in regards to closing my first and second deal.

I absolutely love the Bigger Pockets community and would be thrilled to hear back from any one of you reading this!

Thanks for your time!

-Matthew H. Morgan

Most Popular Reply

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Reid Chauvin
  • Lender
  • Nashville TN - Licensed in AL AR DC FL GA LA MD TN, TX and VA
336
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583
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Reid Chauvin
  • Lender
  • Nashville TN - Licensed in AL AR DC FL GA LA MD TN, TX and VA
Replied

Welcome @Matthew Morgan - firstly, thank you for your service. I can't speak to whether or not a coach is worth the money, I'd imagine it very much depends on the coach. I'd echo what was said above about seeking out a local networking organization for real estate investors. I'm actually from Baton Rouge as well, though I don't know of any organizations personally, I'm sure there has to be one. I feel like you'd be more likely to get solid recs on a good coach at something like that rather than online.

If you haven't used your VA eligibility to buy a property yet then you are in a great position to jumpstart your new career - you can get 100% financing on a multi-unit property! You'll have to live in 1 unit of the property, but that's a pretty great start. Biggest challenge will just be finding the right property, as VA appraisers can be tough. Feel free to shoot me a message as I'm more than happy to talk through how you can finance your properties.

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