All Forum Posts by: Alex Keathley

@Corey Key

You got yourself a good attorney there. I would seek out a portfolio lender to use instead of a conforming lender. Terms aren't as favorable, but if you are wanting to scale then start that relationship sooner than later. Portfolio lenders can make or break your overall success. If you were to buy another property with that cashout, some portfolio lenders seasoning is nonexistent, so you could get your money back much quicker than the conforming six month wait time. You can really put yourself in a good position to BRRRR quickly while being more protected with your LLC. Check out David Greene's BRRRR book if you haven't already. Really helps shift your mindset on what could be possible. Hope this helps! Thank you for sharing Corey! 👍🏻👍🏻

@Michael H.

You got that right! Only time will tell. Appreciate the response Michael!

@Justin Miles

I think you are on to something there Justin. It doesn’t sound like you are a bull nor a bear, but have really begun to see the inconsistencies. The past eleven plus years have been great, but at this point there has to be a major correction in the midst. Take a look at a simple 1 year chart of the S&P and Dow over the past 11 years. Notice the astonishing jump without must resistance at all? Also, take into the fact that an average bull market lasts 4 to 5 years, makes me wonder. I like the idea of investing heavily in companies like amazon and UPS, but who’s to say their values are not overly inflated as well? It’s all just speculation at the end of the day. Only time will tell. I appreciate the response Justin! 👍🏻👍🏻

@Darius Ogloza

I have never seen the movie.. 😅 I will have to check it out sometime!! Thank you for the response Darius!

@Karl B.

I love the post Karl! Very insightful! Hyperinflation is a scary thought, but I think you may be right, this will become reality soon enough. I really appreciate the response Karl! Great to see another MO investor jump in! Show me state! 👍🏻👍🏻👍🏻

@Edgar Ehrsam

Coming from someone who worked 50+ hours a week and took 21 hours of courses at the same time while having a newborn at home. I’d say do both especially since it is a free ride. If you don’t like it, no harm no foul.

Depending what you major in could e

change my opinion as well. Some kids are getting 100,000+ in debt for useless degrees. Don’t be one of those kids. If your end career doesn’t need a degree, don’t go to college. Degrees are becoming less and less important in many industries today, so keep that in mind as well. Good luck Edgar! May the odds be forever in your favor! 👍🏻👍🏻

@Caleb Heimsoth

Makes sense to me! Most of the investors I have talked to are very close to retirement, so their outlook will be much more different than ours. It is easy to say you won’t panic sell when your down 200,000 and could jump to 500,000 in less than month, but I’m sure when you are actually in that spot, it can be a really tough call. Salute to all of the investors who held on when their accounts were dropped to almost 30 percent of what they had!

Awesome response Caleb! I believe a lot of younger long investors could benefit from reading that! I really appreciate you taking the time to shoot the breeze with me! 👍🏻👍🏻

@Caleb Heimsoth

Interesting take Caleb! I am a firm believer in Real Estate investing, but not so much with the stock market. It’s refreshing to hear to an optimistic view on the topic. I have talked to quite a few people who lost 200,000 plus in their stock portfolio during 08-09 crash and let’s just say they are not going to be burnt twice. My only questions for you is, why would the FED keep rates at zero if they see a positive outlook in the near future? I feel like the stock market is almost manufactured at this point. Qualitative easing has become the norm and there really isn’t any stone cold analysis for the rise in stock prices. It just is not jiving with me at this point. I really appreciate the response Caleb!

@Andy Nathan

It sure did help Andy. Thank you for the response! It is much appreciated!

- Alex K

@Russell Brazil

You are correct. I meant to put crash coming soon instead of recession coming soon. I guess you can tell it’s the weekend. Lol My apologies!

Any thoughts on this topic Russell? I’m curious to hear others opinions on this matter.