All Forum Posts by: Jon Schoeller

Hello Robert. These are always changing as the CC companies are always offering new incentives. Google (the points guy) as that site seems to always have the top ones reviewed. It's really not a one size fits all. It depends on what you buy more of (gas, food, travel)  and what you want the points for (cash back, hotels, flights). I hope this helps. Good luck! 

I would also use your HELOC. This will allow your other money to stay invested and diversified outside of your RE investment. Good luck!

Hello Codie! Welcome to the forums. Glad to have you. Keep us posted on your deals. Good luck! 

Hello Don! I think it's a great idea if you WANT to be a realtor. If you like sales and dealing with the public. Just know that it's not requirement nor does it doesn't necessarily increase or decrease your chances of success as an investor. It's all about what you put it into it and get out of it. It can help you learn the market and establish relationships that you would have never formed otherwise. I think either being a realtor or wholesaling are two great ways to get started in this business without a ton of capital. I say go for it if it is what you truly want to do. Good luck! 

Hell Martin. There are some Youtube videos that show people doing this to get a better idea. But here is what I do to get them to open up. Remember you can't offer or find out anything unless they want to talk to you. 

- Knock politely or ring the doorbell (not both) 

- Take a few steps away from the door or off the porch

- Stay facing the door. Smiling with your hands visible 

- No matter how they greet you introduce yourself in a friendly tone and start with small talk. (How are you doing today? It's crazy hot out here isn't it?) 

- Then start with your script. Everyones will be different and different house will require improv and quick thinking. You will get better at this with time. 

Good luck!! 

Hello P. It is normal for the cleaners to be the last thing scheduled. The reason being is that often times contractors such as painters leave behind a mess. Dirty shoes, trash, use the toilets, and sometimes drip little spots of paint on the floor. If they were the last ones in there then the house would not be clean for the new tenants or buyers. 

In a perfect world painters should clean the walls themselves before painting. 

Hope that helps explain why. 

Hello Jason. Just tell your broker what you want to do and they will walk you through it. Usually this is all done by a host and as long as the money goes back where it came from you should be safe. Again, talk with both your CPA and FA (if you have one) before doing so. It is an awesome strategy and if done correctly you can really accelerate the growth of those accounts versus the traditional stock only approach. 

I haven't yet but I don't see why not. I invest in my own real estate business as I see a much higher return that way. 

Hello Kevin. Just like any other investment, understand the risk and never invest more than you are willing to lose. They are relatively new but I imagine these guys are making money hand over fist using your money and doubt they would stop doing that anytime soon. But they have never had to survive a recession so only time will tell. Good luck! 

Hello Jayden. Well there isn't going to be an exact figure on this. You can literally just have enough money to pay for the classes, exam, and licensing fees. It's a very vague question so all I can give is this vague answer and say as much as possible. It will vary person by person, situation by situation. Good luck!