All Forum Posts by: Eric Foster

Ok… I voted…

I chose “Probably not by 30”… (Sorry to be a bit of a downer!)

I realize you are only 22 and that is 8 years away… But, I also remembered what I was doing when I was 22… And there was a lot of hard “work”, but there was also a fair amount of “play” too! Ok… A lot of play! (And… the school in Chico is known as the “Party School”)

Some will say that 8 years is way more than enough time… And it is… If everything goes perfectly. But, it never does… So I think you will be on your way. Plus you never really indicated what your goals are???

Originally, I was going to pick “This would all depend on your investing strategies, and how much leverage you use” but I did not want to indicate that “leverage” (as in borrowing) is the key to get you there… It is the leverage of knowledge more so than borrowing… Debt leverage is a good way to destroy what you have built, if done incorrectly.

Best of luck!

Mike,

Welcome to the group. Glad you have stopped by to say hi.

Daniel,

Welcome aboard! You are at the right place! Glad you are here!

Kevin,

Welcome aboard!

Yea, that landlord gig can be a grind… Takes the right experience and temperament for sure. There is a real active “bulk” forum here… I assume you have seen it? If not take a look!

Welcome to the forum…

Ken,

Welcome to the group!

I would say that your past experience and background will jump start you into whatever your current goals are. Welcome aboard!

Good luck on the "battle"...

Joel,

Welcome to the group! Your background and experience will help you out in the business. Welcome aboard!

Yes… We have another live one! Let’s hear it for OGStilts…

Hip, Hip… Hooray… Hip, Hip… Hooray…
:woohoo: :clap: :woohoo:

As far as the mistress… There is more to it than just the cost… :lol: Hummm… Anyway.

As far as the XX fat… I am sure Josh can figure something out. The last person that needed a XX Fat, Josh included a pair of scissors and some duct tape… That way you can put the Bigger Pockets logo on any shirt you want. LOL

Thanks for your support!

Very impressive! I don’ know that I have heard of many people buying 40 a year at the steps! You clearly have some good systems in place to be able to do that!

How are you able to have the cash to do your deals? Do you fix and flip? Refi cash back out?

Walk me through a typical deal start to finish…

To each his own... It is not that I can’t do it; it is that I don’t do it. For me it is just waste of time…

My suggestion was to get to know those at the title companies... Personally I have never had a problem with title issues that I didn’t already know about… It could happen though. If things seem straight forward, I don’t bother. But if I have a reason to be concerned, I make a 30 second phone call or shoot an email and have a preliminary title report pretty quickly free of charge… This way I know it is done right.

Plus as I mentioned, checking just the county records does not mean that there is not more… A title company will search for both currently recorded and unrecorded items that could pose a problem now or in the future to the title… For example, if they see that the IRS has a lien on someone in another county, they will list it on the title report even though today it may not be a lien on the property. .

My suggestion was to simply have others do it for you and get to know those who can help you in your business.

I like to do as little as I can…

Glad to hear it worked out!