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Updated about 5 years ago on . Most recent reply
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The 90 Day Challenge
Brandon issued an involuntary challenge, "How to Buy a Rental Property in the Next 90 Days". I'm taking him up on his unspoken challenge. You know, the one he didn't know he issued. Starting tomorrow 03-17-14 I will start my 90 days. Ending on 06-15-14.
Below is the video that Brandon posted on YouTube. I will be following his outline to the T, and hopefully he won't mind a few questions from me every now and then. Be sure to pick up a copy of his outline at Brandon Turner's Fileplace.
Within that time I will procure one rental property and create a passive cash flow. Step One will obviously be getting pre-approved by a bank or a credit union. That should be fun. It appears that tomorrow morning on Day 1 I will be contacting some Money Keepers and seeing if they want to share any. Stay tuned as I try to keep everyone updated everyday.
Now what I do need from everyone else that wants to help is to keep me on track. Hold me responsible. There should be a "punishment" if I don't succeed but I have no idea if I should have one and if so what it should be. I'm open to ideas and suggestions.
Thank you all in advance for your help / support / hate mail. :) Hopefully I won't get any of that unless it's to spur me on to do better and go faster.
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Day 1 of 90 (03/17/14)
So far, I'll be honest, I haven't done much of anything other then fill out a bunch of online applications for loans to various big banks and smaller credit unions. After having spent the time doing that I'm starting to wonder if it would have been faster and easier to just visit them all in person.
Now mind you, my time is limited during the morning hours as I do have a full time job that I'm working 3 PM to Midnight Monday through Friday. I tend to not be able to fall asleep until around 2 AM and I'm usually up between 10 and 11 AM.
Now, I know, you're saying to yourself, "But Dan, that gives you a lot of time in the morning to do stuff." Yes, you are correct but I'm also fighting against years of extreme laziness and the incredible comfort of my bed. I have found it amazing that despite how much I want to do this, old habits die hard. Hey @Brandon Turner , is there any way I can blame this on my cat?