All Forum Posts by: Jacob Trogan

Have you looked into hard money, of course it has its downside compared to private investors but also some upsides too

Something I am looking for too, I think you already know with 12 years in the industry 12 years ago I learned to walk... just kidding but almost

Got a few people from CA looking to do the same thing here in KC, I live in KCMO area in the northland, I am relatively newer and just have one deal under my belt so more willing than some more experienced people to listen and possibly help.

Also I would go for it. But keep in mind with C class you are going for cash flow and if you only look at cash flow you may have good cash flow but lots of headache and no appreciation, get a good local realtor who knows the area and what is growing and not just cash flowing

First job was D2D setting solar panel sales appointments, best decision ever

Hey Blake, I talk about points all day as a lender. For a lot of people buying down points is a good option because they are not investing and just keep their money in a bank, sitting there dying. For you being young I would not recommend looking at paying points in depth and when looking at rates ask for the par rate on a conventional mortgage. When it comes to hard money points are just a cost of getting that type of loan @JD Martin explained it well. If you are shorter on cash and think you will be in the property less than 5 years I think taking an above par rate which just means a higher rate in exchange for being paid is actually the most advantageous. 

For example you can get a 4% on an investment right now and then choose to get a 4.125% rate which means a slightly higher payment but you will get paid $500-2k depending on the loan size for taking that higher rate. This is applied to closing costs.

@Jack Orthman I didn’t like a lot of it but if you want to be more efficient and think systems and outsourcing and not be the mule running the mill the rest of your life it has good mindset shifting material

@Jacob Trogan basically I told you to do what you were already thinking, go for it seems pretty responsible to me, also read the 4 hour work week

@Mike Hasson Focus on spending time with others this is the most rewarding, why do you have to do one or the other? Maybe the thing that will leave you the most fulfilled is working but just not at where you are currently. I would quit and take time to reflect on what you want, I wouldn’t go splurge and burn the money but get yourself in a different environment and reflect and enjoy friends/family. If you want to go back it will be easier than you think if you realize sitting around relaxing isn’t all it’s chalked up to be you can then decide to engage yourself in something else without having blown a ton of money

@Benjamin Hecker I like the insight given to focus on how you can get leads coming to you via inbound vs outbound I think that is the key. I think you are doing great and would be interesting in seeing what systems you currently have in place to have gotten to this point, maybe examining those will bring out a flaw. I also am a big fan of the 80/20 principle that probably applies to your workload