All Forum Posts by: Josh Koett

Hi BP Community,  

  I remember watching  a Webinar hosted by Brandon that showed step by step instructions on how the calculators work. I'm looking for the podcast number so I can find the real estate rental calculator webinar... but if you know some other podcast numbers for using the other calculators, that would be helpful too... Thank you

Hello BP Community,  

I just listened to the Fund & Grow webinar and it sounds like a legit  company and service they provide.  However, I would like to do this on my own.   I only need $15,000 to start a trucking business but might take advantage of higher amounts  to rehab a  property in the future.  Could anyone give me some advice who has done this?  So far I have no business credit.  I only have a couple high interest personal credit cards with no balances.  I have zero debt and a credit score just over 800.  

I plan on going into Chase bank and applying for a business credit card. In the webinar, they said to create a safe and lendable "entity"name to help get funding. What would work for that lendable entity name? Should I use my trucking company's name and LLC? Other than being persistent in speaking with underwriting, are there some tactics I could use If I'm not approved for the entire amount? How many days apart should I retry? Once approved, how would you get the money off the cards ? F&G said they use a company called Plastiq for around 2.5%. If I haven't paid off the balance after the 0% APR time-frame, I plan on doing a balance transfer into another long term 0% card. Eventually, I'd like to have just one high limit card I can hold onto. If anyone could offer some advice on how to approach this and avoid fees, it would be appreciated. Thank you, Josh

I want to fix and flip a home. Specifically add-a-level to a single family and upgrade the initial first floor. If the home purchase price is 300k and the ARV is 450k, would a realtor agree to waive the 3% buy commission if we draft a contract that I would sell with them at 3% for the higher ARV value five to six months later? That works out to be $9,000 for the initial 3% commission waived, instead for the $13,500 commission on the sell later. That's $4,500 more that would be guaranteed I would sell with them. What about the same contract above, but this time if I decided to hold onto the property for 2 years to avoid capital gains tax. This time the commission might be even higher with appreciation. Is this something reasonable? What are your thoughts and how else could I structure this? Thank you

Thanks Ryan Koehler, do any big companies/firms stick out that you'd recommend? Or should I go with a smaller less known one? Thanks

Hi Kevin Fox, is the meetup you are holding the mixed use building in I think North Park area?  Thanks

Thank you all for the replies.  Much appreciated!  Josh

Hello BP Community,

     Thank you for reading my post.  It may appear a little discombobulated, but I will try and stay on point. I'm thinking about switching careers from construction to either real estate or healthcare. I currently work  with my buddy doing small residential remodels. I've been considering leaving the trades for a while.   My ultimate goal is Financial Independence through multifamily investing.

      I've been taking night classes for the past year in healthcare and my real estate license. My question is whether to choose a job in something real estate related  like an agent, property management team member, loan assistant, etc. thinking that this job will keep me informed and in the loop to purchase a multifamily deal when it arises.  My other option is to go into RN nursing school.  It pays more, but It will be 20 months of schooling, no paycheck, and I wont be in the real estate loop. Any advice on jobs to reach my Financial Independence Multi family goal faster?    Thanks again

Hello, my email inbox is filled with Keyword Alerts... I want to turn them off so I unchecked the box yesterday... I woke up with like 30 more alerts in my email. How can I turn it off? Thank you

Hello BP Community, 

   I'm looking for investment properties in my area and found several studio apartments for sale.  They are pretty small ranging from 300-600 sq. ft.  I would like to add value and curious if adding a loft with  small staircase will add the most value? Also, when I decide to sell can I list it as a 1 bedroom/1 bath instead of a studio? I would prefer to buy 1 bed/bath apartment/condo instead, but would this upgrade be a way to enter the market cheaper? Any advice on pitfalls,  or how to create value out of a small place is appreciated.  Thank you,  Josh

Shiloh,  This guy is a dirt bag. He was not honest with you. Stop being so nice and friendly and mixing up your emotions with this fellow. He is not your friend. He clearly had multiple projects, solicited a novice investor, and dragged you through this entire mess. I'm sure he knows more than what you think. I'm sorry you had to experience this. Listen to your lawyers and other experienced investors on here and move on.