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All Forum Posts by: Shane Thompson

Shane Thompson has started 3 posts and replied 21 times.

Post: Tips & Tricks for organizing REI meetups

Shane ThompsonPosted
  • Military
  • Kodiak, AK
  • Posts 26
  • Votes 6

@Alex Deacon @Bryan O. Congrats for doing so well with your groups! I have an arsenal of questions for you and anybody else who has anything to add. 

Do you do the presentations yourselves or do you have guest speakers? 

Do you use powerpoint and a projector? Do you show video clips? 

How does a typical meeting go? Is it much different now that you have a large group or is it fairly similar to how it was when it was just a few people?

How do you decide on a topic for an upcoming meeting?

How do you plan out a presentation or do you leave it to the presenter if that's not you?

Do you provide materials for your guests and if so what kinds? 

Do you ask for entrance fees or do you just try and find free venues so there are limited costs associated with holding the meetings? 

How frequently do you hold the meetings - monthly? weekly? 

As always thank you all for sharing your wisdom!

Post: Tips & Tricks for organizing REI meetups

Shane ThompsonPosted
  • Military
  • Kodiak, AK
  • Posts 26
  • Votes 6

As the saying goes, "if no one is doing what you need to be done, just do it yourself." Or something like that. 

In my area there is a serious lack of organized collaboration going on. It's not like Southern California where I'm originally from where if you can think of something there are probably dozens of meetups for it already. Kodiak, Ak, although beautiful, is a whole other... thing. (I was never much of a writer)

Anyway,

What tips, tricks, materials, presentations, etc. do you have for someone who wants to start a meetup group from scratch in their local area?

Post: I have $55k to invest, Newbie needs help!

Shane ThompsonPosted
  • Military
  • Kodiak, AK
  • Posts 26
  • Votes 6

I'm in about the same boat. About $50k saved up but it feels worthless without any experience to know what to do with it. I'm stationed in Kodiak, AK with the Coast Guard and am also looking for some mentorship.

Post: When is Owner Finance a good idea?

Shane ThompsonPosted
  • Military
  • Kodiak, AK
  • Posts 26
  • Votes 6

Any progress with this deal @Youdo Thirakul ? Were you able to gain some clarity on what kind of terms the seller might be open to that would benefit you as the buyer more?

Post: What's a good book on audible ?

Shane ThompsonPosted
  • Military
  • Kodiak, AK
  • Posts 26
  • Votes 6

I'm listening to @Brandon Turner 's "The Book on Investing in Real Estate with No (and Low) Money Down" right now on audible. A lot of good stuff so far just into the first few chapters.

Post: What to say when someone response to your DM

Shane ThompsonPosted
  • Military
  • Kodiak, AK
  • Posts 26
  • Votes 6

@Youdo Thirakul This thread might have the answer you're looking for.

https://www.biggerpockets.com/forums/87/topics/518...

Post: Trying to find a way to finance my next house

Shane ThompsonPosted
  • Military
  • Kodiak, AK
  • Posts 26
  • Votes 6

I think I heard on one of the podcasts or read in an article that there are lenders out there that will do a home equity loan/line of credit based on the APPRAISED value of the home. But they usually do like 70% LTV which wouldn't work if you still own 280k on it. This is an older post though so maybe you've found a solution to this??

Post: Who's active in Alaska

Shane ThompsonPosted
  • Military
  • Kodiak, AK
  • Posts 26
  • Votes 6

I'm in Kodiak currently. I'm stationed here with the Coast Guard. I'm trying to network, learn, and get going with building my portfolio. Any luck making connections over there in Anchorage?

I am in the Coast Guard currently stationed in Kodiak, AK. My CPA is located in Merriam, KS and has taken care of me through the sale of a condo in San Diego, purchasing a home in Kodiak, AK, and holding my buy and hold SFR (also in San Diego). You're farther along than I am with your portfolio but I can say at least for my situation Kansas City Tax Mediation has been great. Everything is done through email and phone. If you'd like feel free to PM me for their contact info. Good luck with your search!