All Forum Posts by: Jim Martin

Working with your spouse is AKA "Marriage Building 101" you must BOTH, know exactly who is primarily responsible for what, who is the decision maker for what, and who will be held accountable for what. Communication is key and very important, If joint decision making was decided upon it MUST be a joint decision! Have fun (it can be) working together. Good Luck!

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Originally posted by @Adam Bartomeo:

Some great tips:

Read, read, read

Study, study, study

Practice, practice, practice

And never take a realtors word as fact. Always verify their findings

Exactly!

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Originally posted by @Larry Turowski:

@Angela DeBorja As most others have said, yes you can but you absolutely need a good GC. I've done a dozen flips while working full time. I have a family and kids and 14 rentals. It doesn't have to take a ton of time. But it all comes down to the contractor. Do not underestimate how difficult it is to find a skilled, reliable contractor. We all have horror stories from using the wrong ones.

That is sooo true! Finding a GOOD contractor is very important and can be very difficult.

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Originally posted by @Patrick Allen:

Originally posted by @Jim Martin:

I too live SE Des Moines Easter Lake also wanting to learn about wholesaling houses ,I discovered BP just day's ago and can't stop reading all the information HERE! I was in the Wholesale HVAC/R for 16 years tired of listening to stupid people earning damn Good money talking about flipping house's I figured if they can I definitely CAN ......Soooo I quit my job a few weeks ago and jumped in with both feet I gotta make this work because I have all my friends and family thinking this is the dumbest stunt I've ever tried to pull off. I soooo want to be able to look at these people 6 months from now and just smile,not say anything just SMILE at them ,make them wonder how their JOB going?

I think maybe after the holidays all of us in Des Moines meet for a lunch or just over beers and see if we can help each other a little. Or a lot. Been jamming on the pod casts and reading investment books. Reading Rich Dad/ Poor Dad again!!!

I agree after the first of the year we could meet, sounds like there could be a few of us that would be great

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Originally posted by @Travis Schott:

Thanks everyone, I'll be looking to get more into real estate investing in a few months once my student loans are paid off.

Travis,if possible try to do both now, I said the same thing about some bills I had. .... and all it did was slow me down from making the commitment to myself to do this

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Originally posted by @Patrick Allen:

Originally posted by @Jim Martin:

I agree after the first of the year we could meet, sounds like there could be a few of us that would be great

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Originally posted by @Patrick Allen:

Originally posted by @Jim Martin:

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Welcome, I too am new to REI business, I along with my wife have been working on our first property, let's call it marriage building 101,what an experience ,good luck

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All Forum Posts by: Jim Martin

Jim Martin has started 0 posts and replied 9 times.

Post: RE Biz Scaling, Roles, Working with your Spouse

Post: How do I start in real estate investment

Post: Doing 1st Flip with a Full Time Job

Post: New Member from Des Moines, IA

Post: New Member from Des Moines, IA

Post: New Member from Des Moines, IA

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Post: New Member from Des Moines, IA

Post: New Member from Des Moines, IA