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All Forum Posts by: Eddy Ogbekhilu

Eddy Ogbekhilu has started 5 posts and replied 93 times.

Post: New member introduction

Eddy Ogbekhilu
Posted
  • Investor
  • Lutz Florida .
  • Posts 103
  • Votes 34

Hello Manassas, a quick note to welcome you to the BP Community of amazing folks all around...action takers overall. 

Post: What to do with $1,000,000.00?

Eddy Ogbekhilu
Posted
  • Investor
  • Lutz Florida .
  • Posts 103
  • Votes 34

Thanks Kevin.

Post: What to do with $1,000,000.00?

Eddy Ogbekhilu
Posted
  • Investor
  • Lutz Florida .
  • Posts 103
  • Votes 34
Quote from @Kevin S.:
Quote from @Eddy Ogbekhilu:
Quote from @Kevin S.:
Quote from @Eddy Ogbekhilu:
Quote from @Kevin S.:
Quote from @Eddy Ogbekhilu:

Hi Kevin  just a quick note to connect and to say thanks for your thought provoking questions insights and analysis you bring to the forum. 

Will be 59 soon and looking to give up active work and the 1M questions was indeed where my emotions has/have been wondering. Am comfortable with income from 1M 4d nxt 30yrs at fairly moderate return of 7% ...Once again thanks and am following ur post keenly.


Thanks for following this thread. Lot of people have contributed to this subject so far with varied and interesting opinions. Each with valid points. I am just soaking it in and hopefully will make it work for me, only to contribute later to help someone else in the future as a way to give back. Going to your response of 7% return, is that from REI cash flow?

The 7% is potential expected/guaranteed return of off 1M invested either by way of dividends and the likes.I am not sure if I answered your question correctly!

 You did.  I was expecting 7% return from cashing flowing properties.  Which funds are you looking at.  Many of these high dividends funds especially closer to double digits (9-12%) dividends funds tend to loose value over time(downward trending). The upward trending funds/ETFs gives 3.5-4% at best.  Maybe someone can correct me.  

No particular fund(s) in mind as this moment,work in progress hence am sourcing info on the platform. 
Do you happen to have any high dividends funds in mind?

 Look up dividend aristocrats.  I personally am not invested in them as I am already 100% in stocks and therefore trying to get into RE.  Lot to absorb here on BP. 


Post: What to do with $1,000,000.00?

Eddy Ogbekhilu
Posted
  • Investor
  • Lutz Florida .
  • Posts 103
  • Votes 34
Quote from @Kevin S.:
Quote from @Eddy Ogbekhilu:
Quote from @Kevin S.:
Quote from @Eddy Ogbekhilu:

Hi Kevin  just a quick note to connect and to say thanks for your thought provoking questions insights and analysis you bring to the forum. 

Will be 59 soon and looking to give up active work and the 1M questions was indeed where my emotions has/have been wondering. Am comfortable with income from 1M 4d nxt 30yrs at fairly moderate return of 7% ...Once again thanks and am following ur post keenly.


Thanks for following this thread. Lot of people have contributed to this subject so far with varied and interesting opinions. Each with valid points. I am just soaking it in and hopefully will make it work for me, only to contribute later to help someone else in the future as a way to give back. Going to your response of 7% return, is that from REI cash flow?

The 7% is potential expected/guaranteed return of off 1M invested either by way of dividends and the likes.I am not sure if I answered your question correctly!

 You did.  I was expecting 7% return from cashing flowing properties.  Which funds are you looking at.  Many of these high dividends funds especially closer to double digits (9-12%) dividends funds tend to loose value over time(downward trending). The upward trending funds/ETFs gives 3.5-4% at best.  Maybe someone can correct me.  

No particular fund(s) in mind as this moment,work in progress hence am sourcing info on the platform. 
Do you happen to have any high dividends funds in mind?

Post: What to do with $1,000,000.00?

Eddy Ogbekhilu
Posted
  • Investor
  • Lutz Florida .
  • Posts 103
  • Votes 34
Quote from @Kevin S.:
Quote from @Eddy Ogbekhilu:

Hi Kevin  just a quick note to connect and to say thanks for your thought provoking questions insights and analysis you bring to the forum. 

Will be 59 soon and looking to give up active work and the 1M questions was indeed where my emotions has/have been wondering. Am comfortable with income from 1M 4d nxt 30yrs at fairly moderate return of 7% ...Once again thanks and am following ur post keenly.


Thanks for following this thread. Lot of people have contributed to this subject so far with varied and interesting opinions. Each with valid points. I am just soaking it in and hopefully will make it work for me, only to contribute later to help someone else in the future as a way to give back. Going to your response of 7% return, is that from REI cash flow?

The 7% is potential expected/guaranteed return of off 1M invested either by way of dividends and the likes.I am not sure if I answered your question correctly!

Post: What to do with $1,000,000.00?

Eddy Ogbekhilu
Posted
  • Investor
  • Lutz Florida .
  • Posts 103
  • Votes 34

Hi Kevin  just a quick note to connect and to say thanks for your thought provoking questions insights and analysis you bring to the forum. 

Will be 59 soon and looking to give up active work and the 1M questions was indeed where my emotions has/have been wondering. Am comfortable with income from 1M 4d nxt 30yrs at fairly moderate return of 7% ...Once again thanks and am following ur post keenly.

Post: Hello Bigger Pockets Family!

Eddy Ogbekhilu
Posted
  • Investor
  • Lutz Florida .
  • Posts 103
  • Votes 34

Hello Josiah,  You are welcome to this awesome community of people willing to help regardless of were you are starting from.

Post: Tampa Florida investors! Lets connect

Eddy Ogbekhilu
Posted
  • Investor
  • Lutz Florida .
  • Posts 103
  • Votes 34

Hello John

let's connect. Am an investor out of Tampa fl and looking to secure construction loan. Would be gr8 to hear from you in this regard. 

Thanks

Post: Split A lot, re zoning property Tampa.

Eddy Ogbekhilu
Posted
  • Investor
  • Lutz Florida .
  • Posts 103
  • Votes 34

Hello Jorge,hope all is well...Was just doing a quick follow-up to your question of trying to subdivide a lot in the city of Tampa, how did it go? And how was the proces?

Post: Local Bookings + Instant Bookings

Eddy Ogbekhilu
Posted
  • Investor
  • Lutz Florida .
  • Posts 103
  • Votes 34

Replied 3 minutes ago

Quote from @Brooklyn McCarty:

You’re over thinking it. Accept & move on

The best advice so far by my judgment...what will a picture do for you! Picture is not a level 2 background check...give it a shot,is going to be an experience enjoy the ride.
I do 7 days minimum, instant booking on and locals accepted everyday all day...gr8 experience from locals Different folks Different strokes,I say this to highlight my last guest...a couple with 2 dogs,booked 5bedrooms and 4 bathrooms only used the masterbedroom,kitchen and the living room. You just never know who is going to be coming through your place but plan to make it a wonderful experience regardless of the apprehension. Tweak ur system as you go ...momentum is important. Good luck...

    Edit signature