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All Forum Posts by: Johnson Michael

Johnson Michael has started 8 posts and replied 48 times.

Post: Reference for builders in San Joaquin County

Johnson MichaelPosted
  • Real Estate Agent
  • Fremont, CA
  • Posts 48
  • Votes 21

Hi All,

My clients are looking to buy lots and build homes on them. They are new investors and not looking to build on a commercial scale. Depending on the lot size, they might opt for one or two homes. 

Their primary areas of interest is Manteca, Tracy, Brentwood, Modesto, Stockton, all in California. Appreciate some references for builders.

Thanks ,

Johnson

Post: Tips for getting into multi-family investing as passive investor

Johnson MichaelPosted
  • Real Estate Agent
  • Fremont, CA
  • Posts 48
  • Votes 21

Thanks everyone for your valuable inputs.

Johnson

Post: Tips for getting into multi-family investing as passive investor

Johnson MichaelPosted
  • Real Estate Agent
  • Fremont, CA
  • Posts 48
  • Votes 21

Hi BP family,

I am a relatively new real estate investor. I am about to get into a multi-family syndication as a passive(GP) investor. The minimum investment is $50K. 

1. Is there anything specific I need to query/look for before I take the leap?

2. Should I invest under my LLC or as individual investor?

3. Any red flags I need to look for?

Thanks in advance,

Johnson

Post: My RE journey so far

Johnson MichaelPosted
  • Real Estate Agent
  • Fremont, CA
  • Posts 48
  • Votes 21

@Michael K Gallagher Thanks for your suggestion. I already completed The One Thing, currently half-way through 
The millionaire real-estate agent

Cheers 

Johnson

Post: My RE journey so far

Johnson MichaelPosted
  • Real Estate Agent
  • Fremont, CA
  • Posts 48
  • Votes 21

I started my journey into learning about Real Estate investing in the month of April 2018. I Binge-watched(rather binge-listened) to most, if not all of the BP podcasts, starting with the first one on Jan 16, 2013 with Marty Boardman.
After passively being involved in listening to Podcasts and attending a few meetups, I decided it was time to take some action.

I bought the 90 days of intention journal in December 2019. Even though I did not update it daily, it pushed me to achieve my first goal of owning a real estate investment home. 

Finally, I bought my first investment home in Birmingham, AL in March 2020. 

Also, got my CA real estate agent license in Feb 2020, which was my second goal. 

Currently working full time as a software engineer, as well as joined Keller Williams Benchmark Properties, Fremont, CA as a real estate agent.

I would love to connect with other ike minded investors to scale up.

Cheers,

Johnson

Post: How Many RE Investors are Engineers?

Johnson MichaelPosted
  • Real Estate Agent
  • Fremont, CA
  • Posts 48
  • Votes 21

Software Engineer. Bought my first investment property in March, 2020. Looking to scale up

Post: How I achieved $5k+ monthly cash flow in 1.5 years

Johnson MichaelPosted
  • Real Estate Agent
  • Fremont, CA
  • Posts 48
  • Votes 21

Congrats @Cameron Lam. Awesome to see your progress. I am also looking to invest for my first property. Would love to partner if you are interested.

Cheers,

Johnson

Post: Finally quit my J.O.B.! After 7 years of investing!

Johnson MichaelPosted
  • Real Estate Agent
  • Fremont, CA
  • Posts 48
  • Votes 21

Congrats Pancham. Good to read your post. All the best for the future.

Cheers,

Johnson

Post: My Christmas Gift to the community

Johnson MichaelPosted
  • Real Estate Agent
  • Fremont, CA
  • Posts 48
  • Votes 21

Hi All,

I have been wanting to post this for a while now. I started my journey into learning about Real Estate investing in the month of April 2018. I Binge-watched(rather binge-listened) to most, if not all of the BP podcasts, starting with the first one on Jan 16, 2013 with Marty Boardman. I have compiled a list of books - Real Estate related as well as Business/Self-Improvement, recommended by various guests on the BP podcasts. Wanted to share with the community, in case anyone is interested in reading through the books. The list of books have been sorted in alphabetical order and hence might not be in order of importance

Link to Book recommendations. This is a link to google sheets. Could not find a way to upload the sheet directly in BP forums.

Wishing you all  a wonderful 2020.

Johnson

Post: Is being a real estate agent a disadvantage for investing?

Johnson MichaelPosted
  • Real Estate Agent
  • Fremont, CA
  • Posts 48
  • Votes 21
Originally posted by @Brian Ploszay:

It is fairly common to have your real estate license and be an investor.  There are potential liabilities if you are flipping houses and wholesaling properties.  Real estate agents, who work for brokerages, usually have errors and omissions insurance.  Some items are excluded for investors.

 Thanks Brian. Yes, I was inquiring for flipping and wholesaling purposes.