All Forum Posts by: Bradley Marion

@David Wissler - Knowing how Mr Ramsey went from everything to basically nothing is a huge motivation to be safe with my debt / income ratio!

@Adam Bontrager - Seems like it is a good tool to use to get ahead and I will be interested to see how I can use it some day to work in my favor. I hope to be to the point I can finance all of my own deals some day and have plenty left over

@Marcus Johnson - Yeah I can see the comparison. It is an interesting point

@John Lampertius - Looks like you have cashed out on that 401k in order to make a good investment. I know divorce is something I never want to experience but I have been around it a lot. Hope you are doing well and thanks for the advice

@Darrin Carey - Yeah I would like to learn as much as possible about buy and hold properties. I do have a pretty good understand of what property management companies do with reserve accounts because I manage USDA loans all day at work and we effectively manage the management companies over our properties. We have 50 year commercial loans out on hundreds of properties and I authorize reserve account expenditures every week. However I still have much to learn. I would like to come to the MeetUp group sometime but I am very busy. I'll be there one day though!

@JD Martin - Yeah you have got that right, old father time is still undefeated. It is all about where we are at in our career's / money making years. I can see how leverage would be useful in getting ahead with the number of units I own vs the amount of time I have left on this earth. I just don't want to die off early and have my whole life been spent working to pay of some mortgages. Guess I can't be pessimistic when planning for my future

@Andrea Castor - Yes buying low is always an important factor in my opinion, and there is plenty of opportunity for that in Dayton Ohio. I would be interested in hearing what neighborhoods you like and why. Currently I have one in Huber Heights and another in the Harrison Twp area. Both are alright, Huber being a much better neighborhood than Harrison Twp, it also cost about 4 times as much to buy the house in Huber. 

Low risk is the only way to go in my opinion, I don't like not being able to sleep soundly at night!

@Jim Vlope - Solid advice, definitely important to run the numbers on any investments before pulling the trigger, and you always have the risk of missing out on a better one

@Andrew Syrios - I have not read that book but it sounds like a very safe way to approach REI. Thanks for the tip, it all depends on our goals

@David Faulkner – I like how you use leverage as a tool. I know I will never go broke right now because I don’t owe anyone anything! And it is glorious and stress free I might add. Counter cyclic investing sounds like an interesting method of investing. I like it.