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All Forum Posts by: Ryan Hutchison

Ryan Hutchison has started 5 posts and replied 22 times.

Post: Newbie from Castle Rock, CO

Ryan HutchisonPosted
  • Cahaba Hts, AL
  • Posts 22
  • Votes 3

Mehran Kamari,

Thanks for the comment on my long term goal. Yes, the graveyard shift is hard. I just found out I am going to be a dad! This makes it that much more important to supplement my income so I can be there for my family.

Welcome Dawn Fuentes.

I am a new investor also. I am from Castle Rock, CO. I can't wait to see you become successful. Check out the Bigger Pockets free book The Ultimate Beginners guide.It is a really good resource. I am currently working on a Business plan and the guide has helped a lot.

Post: Newbie from Castle Rock, CO

Ryan HutchisonPosted
  • Cahaba Hts, AL
  • Posts 22
  • Votes 3

David Beard I am planning on buying one investment property in St Pete/Tampa area and Birmingham area. I travel to each of these places every other year so I can write off some of my travel expenses as business expenses. But I don't want to do this just for a write off. I want the property to be a good investment.

Matthew Rutledge Thanks for the info. I set up a keyword search for "Denver"

Anson Young Unfortunately I wont be able to make it to the meet up. I work from 7pm-4am but thanks for the invite. I Would love to meet up with you for coffee or Lunch(my treat). I will drop you a line.

Post: Business Plan Outline

Ryan HutchisonPosted
  • Cahaba Hts, AL
  • Posts 22
  • Votes 3

I am working on my business plan right now.
Thanks for the article link.

I also have downloaded the bigger pockets beginners guides. The guide is awesome and a easy read which is nice.

Thanks Joshua Dorkin

Post: multi-unit vs SFH for cashflow

Ryan HutchisonPosted
  • Cahaba Hts, AL
  • Posts 22
  • Votes 3

Thanks for all the input Michael Siekerka, Roy N., Sam W., Christopher P., and Adam Steinebach.

It looks like MFHs are the way to go for the biggest immediate cash-flow.

But I had this thought last night about the SFH becoming the best longterm cash-flow and maybe biggest cash-flow.

So lets say I buy a SFH and rent it out. Then use some of the cash-flow to pay off the SFH. After that I would Sell it and carry the mortgage. This will give me longterm passive income with no maintenance or repair.

just a thought, What do you think?

Is it possible to do something similar with MFHs ( I assume it will be more difficult)?

Post: Newbie from Castle Rock, CO

Ryan HutchisonPosted
  • Cahaba Hts, AL
  • Posts 22
  • Votes 3

Thanks Jon Klaus.

I am defiantly going to have to check out the R. G. LeTourneau's autobiography.

Post: Newbie from Castle Rock, CO

Ryan HutchisonPosted
  • Cahaba Hts, AL
  • Posts 22
  • Votes 3

Thanks Patrick Jackson. I am looking forward to the experience!

Post: multi-unit vs SFH for cashflow

Ryan HutchisonPosted
  • Cahaba Hts, AL
  • Posts 22
  • Votes 3

I think I know the answer to this question is it depends but I am going ask anyway. I am starting to put together my real estate business plan and I am trying to figure out what type of property to invest in. What is the best choice for cash-flow SFH or Multi-units?

Thanks for everyones help

Post: Newbie from Castle Rock, CO

Ryan HutchisonPosted
  • Cahaba Hts, AL
  • Posts 22
  • Votes 3

Thanks Peggy L. I will definitely keep everyone posted on the 10% 90% goal.

Post: Organic seller leads through website

Ryan HutchisonPosted
  • Cahaba Hts, AL
  • Posts 22
  • Votes 3

@Sean Brennan a great blog full of content to check out for SEO(search engine optimization) and other online biusness information it is

http://www.smartpassiveincome.com

There is also a podcast by the same name.

I hope this helps you out.