All Forum Posts by: Jerrud King

Hi All,

Anyone know anything about https://aalendingsolutions.com/

Feedback is greatly appreciated.

Best regards,

Jerrud 

Sorry, it has taken me so long to reply. Thank you all for advice and tips. On 10/5/17 My wife and I went to our first Dave Ramsey class, so we hope to turn things around soon. Again thank you all!!

Hello, I have a question.. and I am not going to beat around the bush about it... About me can be found here on a previous post. So as I stated in my previous post, I want to invest in real estate but I cannot seem to get my wife aboard on this adventure. And for a couple of good reason, I think. And I will try to keep this as professional as possible. 1) We essentially do not have a pot to piss in. 2) we live paycheck to paycheck 3) We have about 90k in debt but that's including our house mortgage and a refi. What is killing us is our damn credit cards and cell phone and cable bill as they are just nickel and diming us.... What we do have....1) My vehicle is paid for and worth about 10k 2) we own a vacant lot that is worth about 10k. I would like to turn these two liabilities into assets by using them as collateral to begin buying rental property using the BRRRR strategy. My Question is...... Giving everything I just mentioned about should I try to turn nothing into something or should I let this dream just die out? I will take any advice. I would take my wife's opinion but she works at a bank and says she see this all the time so she compares everything to what she has experienced. If it turns out she is right....so be it.... I will stop "beating a dead horse" as she says....I really just need someone to tell me what to do.

Kind regards,

Jerrud

Thank you all for the inspiring comments, this is all very helpful. I appreciate all of you sharing with me your knowledge. 

Gordon, I agree with you... I think I will defiantly regret not giving it a go... Thank you 

Jd Martin, Thank you for this insight, this helps a lot.

Hello all, my name is Jerrud I am 35yrs old and I currently work full-time for a large Pharmaceutical company as an Associate in Third Party Manufacturing Quality in Saint Joseph Missouri population of  80,000 people. I am married with two kids one is 7 yr old and the other is 7 mo old and my wife works full-time as well as a commercial loan assistant we both don't make a huge amount of money and our debt is not that great but I think could be worse. I have always been an entrepreneur at heart for as long as I can remember when I was a kid back in the 90's I did as a lot of kids probably did and went door to door asking people if I could push mow their yard for a price. Hindsight 20/20 I should have stuck with that because you cant drive down the road without seeing 10 lawn truck services. After that (still in the 90's) my family had a tree in our yard that yielded mistletoe each year and around Christmas, I would climb up the tree, cut it down and go door to door selling it. After that, I bought some address stencils set as well as some reflection spray paint and went door to door selling my services of painting house numbers on the curb. Fast forward, a little older, my father owned his own drywall company and taught me the trade of hanging and finishing drywall and I currently do that as a side hustle. That is pretty much my life until present summed up.

Now, I want to start investing in Real Estate applying the BRRRR strategy here in my hometown and the surrounding areas as I believe it will work rather well here. My goal is to build long-term passive income as well as give me financial freedom and free me from my W-2 job. I want to leave behind a legacy for my two kids when I am gone and god willing for their kids. As I am a handyman, I plan to self-manage my property/properties until I get big enough and I can hire a property management company. One of my hundred questions and really, for me, one of the more important question is.... how do I overcome my fear of not being successful, in a little more detail, how do I overcome my fear of being afraid I won't be able to rent the property out once I have completed the deal and rehabbed it?

If there are any meetup around the Saint Joseph, Kansas City MO area I would like to come and pick some veterans brains maybe to help build my confidence. I know there are a lot of details missing in this post. I can provide answers for any questions some might have. As I am new I still have a lot of questions myself.

Thanks for reading, please provide feedback. 

best regards,

Jerrud

I have the same question as well, I currently reside in Saint Joseph Missouri, home of the Kansas City Chiefs training camp. Are there any wholesalers located near me?