Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Tim Johnson

Tim Johnson has started 21 posts and replied 105 times.

Post: Tulsa Networking Group

Tim JohnsonPosted
  • Investor
  • Houston, TX
  • Posts 109
  • Votes 40

My fiance and I are certainly interested in attending Tulsa / Bartlesville area meetups. Look forward to seeing you at one.

Can't vote for this post for some reason but great question! Thanks @Scott P. for your thoughts.

Post: Bartlesville OK

Tim JohnsonPosted
  • Investor
  • Houston, TX
  • Posts 109
  • Votes 40

I am working on getting relocated back to Bartlesville this year, hopefully in the near future -- happy to meet up with you guys after that.

Post: Bartlesville OK

Tim JohnsonPosted
  • Investor
  • Houston, TX
  • Posts 109
  • Votes 40

@Nathan Hughes look up Regan Reese at P66 and go get lunch if you don't already know him. He is also interested in RE. Tell him I told you to bug him.

Post: Tulsa *Off-Market Properties* Lunch Meetup - April, 26th

Tim JohnsonPosted
  • Investor
  • Houston, TX
  • Posts 109
  • Votes 40

Look forward to attending later this year after I move back to OK.

Originally posted by @Brian Adams:

@Tim Johnson so glad your deal worked out and BP is a great place to connect and network.

It would be helpful to know what steps you took to overcome your skepticism to send your funds to Mike.

Great question -- seeing that Mike was a licensed RE Agent (with a valid license #) and an active BP contributor were some of the first good signs for me. I saw that many of his clients had posted positive reviews online after working with him, and also saw a recent interview with him shared on his broker's website, which all looked legit to me. The lawyer he was working with was also well-established in the community (i.e. mentioned positively in local news articles) and the email addresses / phone numbers tied to public records.

Nothing fancy here, but these were just some of the steps taken to vet a long-distance business partner in addition to your more typical DD and documentation on the deal and individual. Most importantly -- the stories always lined up with reality. e.g. initial discussions of a potential deal with the VA ended up with a signed contract with the VA. And things weren't always perfect -- things that you'd expect to happen in normal course of business, happened, for instance the initial deal fell through but then another option came up after that.

@Michael Ablan appreciate the great reference! Best of luck to you this year.

Post: Would you lend money from TX to New York off BiggerPockets?

Tim JohnsonPosted
  • Investor
  • Houston, TX
  • Posts 109
  • Votes 40

Just wanted to post a shout out to @Michael Ablan. He and I connected here on BP late last year, and we're both now richer for it with some valuable new experience to boot.

I was initially skeptical of doing a deal all the way in New York especially with someone I hadn't met in person, but Mike proved to be an absolute pleasure to work with.

We were looking at one deal with the VA as a seller, but like any government enterprise they proved difficult to work with. That one fell through, but Mike had another one ready to go immediately. Mike can fill in the details on that one if he wants!

Really happy with how everything turned out - Mike, hope the same goes for you! And thanks to BiggerPockets for making this possible!

Thanks for sharing!

Post: How "hands-off" is your property management?

Tim JohnsonPosted
  • Investor
  • Houston, TX
  • Posts 109
  • Votes 40

If you use a property manager, what level of service are you getting for your money? Is it really "hands-off" from your perspective? Is there anything that the manager does not take care of for you?

If you could mention how much your manager costs and the # of properties, I'd appreciate it. :)

Post: Property Management Expenses

Tim JohnsonPosted
  • Investor
  • Houston, TX
  • Posts 109
  • Votes 40

I pay 9% of rents for my duplex property in Bville.