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All Forum Posts by: Joshua Morales

Joshua Morales has started 2 posts and replied 10 times.

Post: Newbie from Longmont Colorado

Joshua MoralesPosted
  • Cheyenne, WY
  • Posts 10
  • Votes 2

@Duane White welcome to the site! I live up in Cheyenne, but work down in Loveland! Looking forward to moving to Ft Collins and getting started down there! I would definitely check out the podcasts...very solid information in those!

Post: Newbies!! Hey there!!

Joshua MoralesPosted
  • Cheyenne, WY
  • Posts 10
  • Votes 2

Welcome to BP @Jonas Guerrier ...I'm sure you'll find the community extremely helpful with your real estate needs! I would definitely suggest checking out the podcast and blogs...tons of good information there!

@Adam Haman Welcome to the site! I'm in the Northern Colorado/Southern Wyoming market. Looking forward to seeing some good advice from you!

Post: Plan for Starting Out...advice appreciated!

Joshua MoralesPosted
  • Cheyenne, WY
  • Posts 10
  • Votes 2

@Erik Hitzelberger and @Account Closed I really appreciate the solid

feedback to my post. That was really good advice and being that I'm so new to this I am soaking it all in like a sponge. I think the flipping and getting into SFR's is where I want to be for sure, but maybe I should rethink my approach. I am on a successful career path that could make my future plans so much easier to manage and accelerate if I just continue the way I am. I think I heard it best from @Ben Leybovich in podcast 61 when he talked about the difference in stumbling blocks and stepping stones. I think that really hit home and caused me to think about more.

Thanks guys!

Post: Plan for Starting Out...advice appreciated!

Joshua MoralesPosted
  • Cheyenne, WY
  • Posts 10
  • Votes 2

I've read the Ultimate Beginner's Guide several times, listened to several podcasts (and plan to keep listening to them), and have run over this broad strategy several times. Let me know how it looks, advice, whatever!

My plan is to become a real estate agent and learn a lot of the business and networking through that avenue. Ideally I will have 6 months expenses saved before making that move. I plan to use that to my advantage as an investor with access to the MLS, properties, etc. Eventually as I get a good foundation as an agent I would like to flip homes for cash and use that to invest in SFR properties. My ultimate goal is to build a strong base with SFR's and use flips to provide extra cash. Long term thinking I would keep my license just to maintain access to the MLS, etc.

I want to become an agent because it would allow me time to dive into the industry and learn while still holding a job. My current job has me commuting and in the office up to 14 hrs/day. Being a local agent would allow me to have more time to learn, grow, and work on future deals.

Does that sound realistic? I'm in the Cheyenne/Northern Colorado region and I know it's pretty expensive out here. Any thoughts or words of wisdom?

Post: New Member from Cheyenne, WY!

Joshua MoralesPosted
  • Cheyenne, WY
  • Posts 10
  • Votes 2

Thanks @Mehran K.

Post: New Member from Cheyenne, WY!

Joshua MoralesPosted
  • Cheyenne, WY
  • Posts 10
  • Votes 2

Thanks everyone!!! Glad to be here!

Post: New Member from Cheyenne, WY!

Joshua MoralesPosted
  • Cheyenne, WY
  • Posts 10
  • Votes 2

Hi everyone! I'm a new member here at BP. I live in Cheyenne, WY and commute down to the Ft Collins/Loveland, CO area every day for work. I've read through the Ultimate Beginner's Guide, I've browsed through a bunch of posts in the forums, and I plan on going to the book store and picking up some recommended books.

I currently work 60 hours/week at my job and my goal is to replace my income with REI as soon as possible so I can spend more time with my family, be financially stable, and enjoy an overall happier and healthy lifestyle!

I am eager to begin investing, but definitely want to take my time and educate myself as much as I can. I want to attend some local REIA meetings. If anyone is in the Ft Collins Metro or Cheyenne area, shoot me a message!