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All Forum Posts by: Jimmy Hong

Jimmy Hong has started 24 posts and replied 342 times.

Post: Eager to start first flip!

Jimmy HongPosted
  • Flipper
  • Irvine, CA
  • Posts 349
  • Votes 45

Good enthusiasm, but I suggest reading several fix and flip books or biggerpockets flip book by J. Scott before you and your brother jump right in. The book will help tremendously.

Post: How BiggerPockets created 100k in net worth in 4 months

Jimmy HongPosted
  • Flipper
  • Irvine, CA
  • Posts 349
  • Votes 45

Awesome, awesome story. Thanks for sharing and hope you do even better in 2014.

Those numbers sound great, pursue it with that bank and see where it takes you.

Post: Getting to My 1st Deal: Update 1, Week 3

Jimmy HongPosted
  • Flipper
  • Irvine, CA
  • Posts 349
  • Votes 45

Hi Gabe, great post and thanks for sharing. I look forward to your next update.

Jimmy

Post: Arrived at Next Level.... And Rising. Hat's off to BP

Jimmy HongPosted
  • Flipper
  • Irvine, CA
  • Posts 349
  • Votes 45

Thanks for sharing and please keep us updated on your success.

Post: Bruce Norris! Met my idol at last month's local meetup

Jimmy HongPosted
  • Flipper
  • Irvine, CA
  • Posts 349
  • Votes 45

@Bill Gulley , sorry I thought it was obvious... you are my Missouri idol. It's a state thing...

Post: Bruce Norris! Met my idol at last month's local meetup

Jimmy HongPosted
  • Flipper
  • Irvine, CA
  • Posts 349
  • Votes 45

Just wanted to share I met my real estate idol at last month's local meetup... Bruce Norris!

Anyone in Southern Cali have a chance to hear him speak, make it a priority to do so! Very motivating.

Great post... for me, I think I could have negotiated more during the escrow process. I had an offer accepted by the seller, they stated "as is" but should have ask for more after inspection showed $8k of termite problem. I don't think they would have budged because the sellers and their listing agent were really difficult to deal with.

In 2014, I will not miss an opportunity to negotiate at every step.

Post: Young and new investor

Jimmy HongPosted
  • Flipper
  • Irvine, CA
  • Posts 349
  • Votes 45

Welcome and congrats on starting so young. Please keep us posting on your progress.

Do you plan on using him again? I also would go over is numbers, check his receipts, and work with him on the numbers. You said he is doing a great job, you can't expect him to work for a loss.

If he didn't perform, that would be another story.