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All Forum Posts by: Andrew Cornstubble

Andrew Cornstubble has started 6 posts and replied 124 times.

Post: New member from Sedan (Southeast) Kansas

Andrew CornstubblePosted
  • Rental Property Investor
  • Sedan, KS
  • Posts 125
  • Votes 92

Personally I'd prefer to stay away from flipping as the market around here seems pretty inflated and homes tend to take a long time to sell.  Not to mention I don't have a lot of tax knowledge.  I would however be more than happy to work out finders fees on a per deal or flate rate / percentage. 

Or possibly do some digging around for free if you'd be willing to teach me a thing or two.  

I know most people around town and who owns the properties, or can find out within a day or two normally.

I'd be happy to email you a few pics of some properties for sale or abandoned if you'd like.

Post: Advise on following Robert Kiyosaki's Rich Dad company's way.

Andrew CornstubblePosted
  • Rental Property Investor
  • Sedan, KS
  • Posts 125
  • Votes 92

Essentially I would like to learn the basics of investing in single family homes for a profit. To start with at least. Through a series of bad luck and bad desicions I'm in bad debt until April of 2018. Hopefully sooner if I get a raise or my part time venture takes off. The rich dad courses I'd like to take are about $5,000-$6,000 each including traveling expenses and I'd like to start with at least 2 of them.

But then again I can keep this house and rent it.  The only problem is that I'd be risking quite a bit since it is in my personal name and should something happen like the hot water heater going out, I will have to put it on a credit card most likely.  It's also an older home and needs constant work to be a descent living space.  I've always said that I wouldn't rent out a home I wouldn't be satisfied living in.

I'll see if I can talk my wife into keeping it and reaching for a better home so we can move out and rent our current one also.  

Thanks for the advise.  I'll also be searching old threads on the company.

Post: New member from Sedan (Southeast) Kansas

Andrew CornstubblePosted
  • Rental Property Investor
  • Sedan, KS
  • Posts 125
  • Votes 92

Hello everyone.  My name is Andrew Cornstubble.  I am a beginning investor from a small town in Southeast Kansas named Sedan.  For some reason I have found it very difficult to find like minded entrepreneurs in my area so I have recently turned to the internet to make new friends.  My wife and I are 30 uears old and have lived here most of our lives.  So, we are familiar with the layout and know many people in the community well.

I have been a student of personal finance ever since a friend introduced me to Robert Kiyosaki's book "Rich Dad, Poor Dad."  In 2005.  Love it or hate it, that book taught me a lot of obvious lessons that I needed to understand and pushed me to continue my studies.

I have since taken a few of his more affordable classes and tested the waters some with a small business venture and single family home investment.  While both of these ventures were pretty stressful and the small business ended up costing a little in the long run I did learn a lot.  Extra money is always nice, but at this stage in my career I am looking for lessons that can only be learned by doing.  I am trying to meet like minded people and build my team.  I don't need money.  We both have steady jobs that we like and are content surviving from our earned intome until our assets are secured and we can concentrate more on them.

I'm greatful for any and all advise and input that you all may have.

I don't have much to offer at the moment besides friendship, dedication, an open ear, and possibly pass word to a few local oil and cattle investors should you have any inquiries about the Southeastern KS markets.

Thank you for your time.

Post: Advise on following Robert Kiyosaki's Rich Dad company's way.

Andrew CornstubblePosted
  • Rental Property Investor
  • Sedan, KS
  • Posts 125
  • Votes 92

I've been a somewhat active student of personal finance for about 10 years now.  Maybe 75 books?  Several I have highlighted and written notes and go through them from time to time.  I absolutely hate reading.  Always have.  So I push myself to at least read one every few months.  Have a subscription to Forbes to try and stay current.  Follow a few entrepreneurs on Snapchat including Tai Lopez.

I have read most of Robert and his advisors' books and taken about a $600 introductory class.  While it was more of a sales pitch and entertaining crash course on several subjects, I did recieve enough advise to raise my credit score and save more last year on interest and fees than the course cost.  I have also realised the power of credit and how to control myself and utilise multiple cards.  Credit score up from 450 to about 700 now.  

The problem I have are the haters out there.  I honeslty don't care if he claims the easter bunny gave him the advise or if he even follows it himself.  

I'm interested enough in his more expensive classes that we have revolved our lives around taking care of our bad debt and saving for these classes.

More than the lessons from said classes, I am interested in the software that they will provide you.  They boast a large network of buyers and sellers from various locations willing to work together and make deals.

Has anyone ever used these expensive tools?  Do they work?  I'd just really hate to blow 3 years of diligent savings just to be had or make a mistake.  I don't mind making mistakes.  I know this is a part of becoming wealthy.   I have a business that never made a profit and a spare house that I'm not entirely sure I want to ever rent out again.

If anyone has had success or suffered great loss from these classes I would really appreciate hearing from you. You can Facebook msg me at Fear the Beard Trucking LLC if you don't feel comfortable telling your story here.

I'm sorry for the long post but I wanted to be clear on my needs as I have a lot riding on this.  I need to decide wich way to go.  I am selling a beloved motorcycle and dune buggy and possibly my "investment" property just to get ahead and have some wiggle room here.

I thank you if you took the time to read this.