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All Forum Posts by: Paul Choate

Paul Choate has started 64 posts and replied 346 times.

Post: Free Rich Dad Poor Dad Real Estate Workshop in OKC, MWC, Tulsa

Paul Choate
Pro Member
Posted
  • Attorney
  • Shawnee, OK
  • Posts 350
  • Votes 230

My experience is that the book is great for inspiration.  The classes are the definition of overpriced “guru” magic that BP negates the need of.  Your mileage may vary.  

Post: Own 1 rental $800 mo cash flow, terrible FICO, finance options?

Paul Choate
Pro Member
Posted
  • Attorney
  • Shawnee, OK
  • Posts 350
  • Votes 230

@Annabel Valencia

Do you plan to stay in Lawton?

I have seen many properties you can get into with seller financing in that area.  I have not pursed them because it is a couple hours away and I am not familiar with the entire market.  It’s not a very competitive market from what I have seen.

I would suggest driving for dollars and pitching multiple options to distressed sellers like a low cash offer (assuming you are selling the condo) and a full owner carry for a higher amount. I use this regularly to pick up properties with little down. The issue is having fix up funds available to get the property going. You have that in your condo. 

Once you have done this a few times, paid down the seller financing and work on your credit, you can do to the bank and get your money back and repeat.

It's the BRRRR program.

I’ll be at the OKC meet up if you have questions. Good Luck!

Post: October OKC Lunch Meet Up

Paul Choate
Pro Member
Posted
  • Attorney
  • Shawnee, OK
  • Posts 350
  • Votes 230

Welcome all OKC BPers! 

We meet the 4th Tuesday each month. This is a networking event. We are having lunch and sharing our current projects, successes and struggles. There is no speaker or expectation of participation on anyone's part. Please come and listen or ask questions. We discuss the local market and activities of the local investing community.

All experience levels are welcome. Most of the attendees have properties and are generally buy and hold folks. Most of us are in a growth phase. We welcome newcomers and those with little or no experience. I find myself motivated by discussions with a variety of individuals. We are basically a bunch of real estate nerds geeking out together.

Hope to see you there! As a side note- due to the large fluctuations in attendance, it would be helpful if you could contact me or even shoot me a text at 405-426-9677 if you plan to come. PLEASE feel free to come even if you haven't let me know!!!!! It would just help sooth the restaurant people if I can be more accurate as it seems to be difficult for them to adapt to our group. More important to come if you can!

Key words- Oklahoma City, Oklahoma, Edmond, Norman, Midwest City, Bethany, Yukon, Moore, Mustang, Choctaw, Shawnee

Post: September OKC lunch Meet Up

Paul Choate
Pro Member
Posted
  • Attorney
  • Shawnee, OK
  • Posts 350
  • Votes 230

5111 N. Classen Blvd. Oklahoma City, Oklahoma 73118

We meet the 4th Tuesday each month. This is a networking event. We are having lunch and sharing our current projects, successes and struggles. There is no speaker or expectation of participation on anyone's part. Please come and listen or ask questions. We discuss the local market and activities of the local investing community.

All experience levels are welcome. Most of the attendees have properties and are generally buy and hold folks. Most of us are in a growth phase. We welcome newcomers and those with little or no experience. I find myself motivated by discussions with a variety of individuals. We are basically a bunch of real estate nerds geeking out together.

Hope to see you there! As a side note- due to the large fluctuations in attendance, it would be helpful if you could contact me or even shoot me a text at 405-426-9677 if you plan to come. PLEASE feel free to come even if you haven't let me know!!!!! It would just help sooth the restaurant people if I can be more accurate as it seems to be difficult for them to adapt to our group. More important to come if you can!

Key words- Oklahoma City, Oklahoma, Edmond, Norman, Midwest City, Bethany, Yukon, Moore, Mustang, Choctaw, Shawnee

Post: August OKC Lunch Meet Up

Paul Choate
Pro Member
Posted
  • Attorney
  • Shawnee, OK
  • Posts 350
  • Votes 230

5111 N. Classen Blvd. Oklahoma City, Oklahoma 73118

We meet the 4th Tuesday each month. This is a networking event. We are having lunch and sharing our current projects, successes and struggles. There is no speaker or expectation of participation on anyone's part. Please come and listen or ask questions. We discuss the local market and activities of the local investing community.

All experience levels are welcome. Most of the attendees have properties and are generally buy and hold folks. Most of us are in a growth phase. We welcome newcomers and those with little or no experience. I find myself motivated by discussions with a variety of individuals. We are basically a bunch of real estate nerds geeking out together.

Hope to see you there! As a side note- due to the large fluctuations in attendance, it would be helpful if you could contact me or even shoot me a text at 405-426-9677 if you plan to come. PLEASE feel free to come even if you haven't let me know!!!!! It would just help sooth the restaurant people if I can be more accurate as it seems to be difficult for them to adapt to our group. More important to come if you can!

Key words- Oklahoma City, Oklahoma, Edmond, Norman, Midwest City, Bethany, Yukon, Moore, Mustang, Choctaw, Shawnee

Post: July OKC lunch meet up

Paul Choate
Pro Member
Posted
  • Attorney
  • Shawnee, OK
  • Posts 350
  • Votes 230

5111 N. Classen Blvd. Oklahoma City, Oklahoma 73118

We meet the 4th Tuesday each month. This is a networking event. We are having lunch and sharing our current projects, successes and struggles. There is no speaker or expectation of participation on anyone's part. Please come and listen or ask questions. We discuss the local market and activities of the local investing community.

All experience levels are welcome. Most of the attendees have properties and are generally buy and hold folks. Most of us are in a growth phase. We welcome newcomers and those with little or no experience. I find myself motivated by discussions with a variety of individuals. We are basically a bunch of real estate nerds geeking out together.

Hope to see you there! As a side note- due to the large fluctuations in attendance, it would be helpful if you could contact me or even shoot me a text at 405-426-9677 if you plan to come. PLEASE feel free to come even if you haven't let me know!!!!! It would just help sooth the restaurant people if I can be more accurate as it seems to be difficult for them to adapt to our group. More important to come if you can!

Key words- Oklahoma City, Oklahoma, Edmond, Norman, Midwest City, Bethany, Yukon, Moore, Mustang, Choctaw, Shawnee

Post: June OKC lunch meet up

Paul Choate
Pro Member
Posted
  • Attorney
  • Shawnee, OK
  • Posts 350
  • Votes 230

Yes, posting this month and August now!

Post: June OKC lunch meet up

Paul Choate
Pro Member
Posted
  • Attorney
  • Shawnee, OK
  • Posts 350
  • Votes 230

5111 N. Classen Blvd. Oklahoma City, Oklahoma 73118

We meet the 4th Tuesday each month.  This is a networking event. We are having lunch and sharing our current projects, successes and struggles. There is no speaker or expectation of participation on anyone's part. Please come and listen or ask questions. We discuss the local market and activities of the local investing community.

All experience levels are welcome. Most of the attendees have properties and are generally buy and hold folks. Most of us are in a growth phase. We welcome newcomers and those with little or no experience. I find myself motivated by discussions with a variety of individuals. We are basically a bunch of real estate nerds geeking out together.

Hope to see you there! As a side note- due to the large fluctuations in attendance, it would be helpful if you could contact me or even shoot me a text at 405-426-9677 if you plan to come. PLEASE feel free to come even if you haven't let me know!!!!! It would just help sooth the restaurant people if I can be more accurate as it seems to be difficult for them to adapt to our group. More important to come if you can!

Post: May OKC lunch Meet Up

Paul Choate
Pro Member
Posted
  • Attorney
  • Shawnee, OK
  • Posts 350
  • Votes 230

Yes!

Post: May OKC lunch Meet Up

Paul Choate
Pro Member
Posted
  • Attorney
  • Shawnee, OK
  • Posts 350
  • Votes 230

It will be on the 26th at noon.  I hope to have it posted this week. hope to see you there!