All Forum Posts by: Clay Chandler

Rich Dad Poor Dad works well for all ages. -Robert Kiyosaki

@David Zheng So by that your saying your rent SFH by the room? What type of area do you tend to steer towards?

@David Zheng What is a good deal in your eyes? What kind of cashflow do you tend to look for? Do you look for MF or SF

@Joe Splitrock Thanks for the quick reply! So your saying keep stacking my capital towards more flips for higher payouts potential. But at what point do you stop and start becoming the more passive investor letting your money work for you? That is a good suggestion though since my wife is a Realtor maybe we can get early jumps on deals in our local area. Thank you! I just love hearing everyone's input on how they would go about their investing.

@Steven Gesis I am looking for cashflow to replace 5-6k a month from my day job. Let me just try and explain some of my goals and you see what you would do to get there. I currently work a swing shift job at a local steel mill which pays really well for the area that I live in (100k+) My wife is a Realtor and it is her first year so been trying to help her grow that business. Both of our jobs are based on consumers.(Buying steel/houses) Our plan is to buy 1-2 houses a year till we reach 4 and pay 2 of them off and repeat. We only want the cashflow for cushion during the slow times at our jobs. I keep getting off-track on my goals when I see the difference in houses elsewhere were we can buy more for less. Because the rent here just seems so low compared to other markets.

Don't crush me to hard I am still trying to figure out the path that I want to take for financial freedom. I've been following Grant for a couple years now and he is a huge motivation boost for my morning drives to and from work.  I am 24 years old and Jan 24 I will close on my first live and flip and it will put me over the 100k mark everyone keeps talking about. But in the mist of saving and grinding my way to this(2 years) i have no idea what to do with my money I just keep wanting to horde it in the bank knowing it is doing nothing for me. I don't know if I should keep saving to pay off my next primary house then continue to save, pay off my little debt I do have, buy TK property, or start with small MF. Can anyone help me steer my mind in a direction that best fits my goal. 

Save Invest Repeat! 2017 will be my year to pull the trigger and work towards my REI goals.

@Engelo Rumora Thank you so much for the reply and advice. I appreciate it so much. One more question as far as scale ability SF or MF which is your preference when going for maximum cashflow. Thanks again! 

Hey @Engelo Rumora. I have been reading your post/blogs for awhile now and was curious if you can give me some solid advice starting out. My goals are to work towards being financially free, so some day I can kick back on a beach with no worries. Anything helps I am just stuck in the middle afraid to pull the trigger on the wrong investment.

@Jay Dewberry Thanks for the reply Jay. The 5 units are in pretty good shape  new roof and HVAC was added to all of them 3 years ago. My strategy at the moment is to get as much cash flow as I can. Trying my best to stay local and learn as much as I can.