All Forum Posts by: Paul Choate

Lunch meet up today!

I’m out of town but @JJ Gritts is going to be there and can regale you with tales from the full time investing game.  Everyone is welcome. There is no program.  We are local investors who meet to share information and network.  Please let me know if you have questions.  

I would get a quote on the fence you want and then offer half of that.  If he wants a nicer fence, he can pay the extra part. 

I am an Oklahoma licensed attorney and I focus on consumer bankruptcy on the debtor’s side. Please note this is for a general discussion and not specific legal advice for you.  

I currently have ten houses and a trailer park that I am buying from the owners and they are carrying the note. I think it is a great way to transfer property that may not fit normal financing guidelines. 

The best thing you can do is make sure you use a closing company to prepare all of the paperwork and make sure it gets filed.  There is no mechanism in state law or federal bankruptcy law whereby someone can stripe away the rights of a lien holder in first position as long as the taxes are paid on time.  You have already stated the things you need to do to make it work for you.  Down payment large enough to cover the costs of a foreclosure and interest rate sufficient to make it worth your time.  The only other thing I would recommend is some monitoring mechanism to make sure the is no waste of the underlying asset.  

 Or, to be even safer, don’t deed it until they have paid you off. That is a contract for deed which is what I use when I am selling.  I want a mortgage when I am buying. They will want a deed and mortgage to protect them but they may not understand the difference.  

5111 N. Classen Blvd. Oklahoma City, Oklahoma 73118

We meet the 4th Tuesday at lunch each month.

Last month was a surprisingly (to me) large group. It was probably the largest gathering to date. I was late so had to sit at the kids table. We will try to have better seating to accommodate everyone.

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!

I don’t think the app shows the header with all of the info.  I’ll try to remember to put it in the comments.  

1 Reply

• 03/27/18 12:00PM - 01:00PM America/Chicago
• 5111 N. Classen Blvd. Oklahoma City, Oklahoma 73118
• Free
• Casa De Los Milagros Mexican Restaurant and Cantina

We meet the 4th Tuesday at lunch each month.

Last month was a surprisingly (to me) large group. It was probably the largest gathering to date. I was late so had to sit at the kids table. We will try to have better seating to accommodate everyone. 

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!

February Oklahoma City Meet Up

Noon 2/27/18

Casa De Los Milagros Mexican Restaurant and Cantina

5111 N. Classen Blvd, Oklahoma City OK 73118

PLEASE NOTE- NEW LOCATION!

We will meet the 4th Tuesday at lunch 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.

I can't seem to edit this posting so it shows today but it is 2/27/2018 at Noon!

February Oklahoma City Meet Up

Noon 2/27/18

Casa De Los Milagros Mexican Restaurant and Cantina

5111 N. Classen Blvd, Oklahoma City OK 73118

PLEASE NOTE- NEW LOCATION!

We will meet the 4th Tuesday at lunch 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