All Forum Posts by: John Aranton

Aloha Jason

Yes the REIA is a good place to start to network with local REIs. I will be there and could share other opportunities. I'm always looking to build my network.

I've used it In my previous house and it lasted the 7-8 years with no noticeable wear, then we moved.  (6 person family with a dog and cat) Very affordable, easy to install and durable. I did the install myself in 2 weekends, About  900 square feet. 

Welcome Claire! BP is a great place for networking and a wealth of information.  Let's partner on something :)

Take the $400k and be a Private Lender @ 10-12%. It will be backed with the security of the property and you could potentially make $48k in 6-9 months, then continue... If your flipper is efficient enough and turns it around you could make $90k in 12-14 months. I have multiple REI here in Hawaii that can do that for you and have one of the best track records.

Aloha Sarah.  Congrats and great job keeping with your dream.  Persistence and a goal will continue to make you a success.  

Aloha @Keone Catian

Welcome to BP. Great place to learn and build your creative financing knowledge and real estate deals. I continue to add more knowledge to my tool box through the investors here. Networking helps as you might find a deal that might not meet your criteria but better suited for someone else and vice versa. If you continue to have the passion and drive to your dream you will succeed. 

Aloha,

John

@Account Closed  Inspirational!  Congratulations.... An educated trigger puller is one that will gain wealth.

Keep pushing and networking.  If you want it and you have the passion, you'll achieve your goal.  If I had the cash to be a private money lender, I would jump on it and make 12% with the security that I'd get the property.  The way to make money work for you.  I wish you luck and when I get enough to loan I'll look you up.  Aloha!

I think each individual is different and depends on how you learn. Some are just seeing REI as a get rich quick and think going to a specific guru or business model is the answer. Once they realize how much work there really is its a turn off, then they fall of the wagon. Education is the key and I try to attend anything and everything real estate which helps in my networking too. Alot of FREE stuff out there. :) Continue to surround yourself with like minded people. I have attended a great Mentor our here in Honolulu that has changed my mindset and ability. The right one for me may be different than the right one for you, its about how you learn and your passion to get into it. Good Luck & Aloha!

If I was a private money lender, why would I tie up my money at 5% for 10 years when in 6-8 months I can send it back out at 12% again?  If I loaned my money out twice in one year I'm making 24%. I do that for the next 9 years and I think I made my money work for me.  I'm new to this and still trying to soaking in a lot, but am I missing something?