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All Forum Posts by: Joshua Wynn

Joshua Wynn has started 1 posts and replied 12 times.

Post: Do Army Warrant Officers make good real estate investors?

Joshua Wynn
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 12
  • Votes 3
Quote from @Phil Begay:

@Joshua Wynn

Sorry for the late reply. So far it’s been going great. I have done some wholesale deals in Tx, Az and NM. I’ve been paying off bills, building capitol and doing some hands on training on rehabbing with local flippers. I’m ready to start BRRRRing soon. My processes have been getting better. Honing in my skills and learning with each deal.

Have you start yet? I think the hardest part is starting. The only way to learn is to jump right in. Good luck bro.

It's been awhile since I posted here. We have one investment property in Kissimmee, FL in addition to our primary home in VA. Thinking about selling our primary home, using the proceeds ($189-250k) to pay off cars and RV which would greatly reduce our DTI and allow us to more easily get additional rental properties.

Post: Do Army Warrant Officers make good real estate investors?

Joshua Wynn
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 12
  • Votes 3

@Phil Begay how's it going? how's your real estate adventure coming along?

Post: Do Army Warrant Officers make good real estate investors?

Joshua Wynn
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 12
  • Votes 3

@Yasir Einaudi

Very good advice, thank you. I like what you say about analyzing hundreds of deals in the beginning to get familiar with the industry and deal finding in general. I will definitely start doing that.

One thing that seems to elude my wife and I still is how we’ll fund our first deals while we already have a mortgage. I’ve been reading and listening to podcasts. Slowly beginning to understand how to use OPM but it’s still difficult to see how we’d do it in reality.

Post: Do Army Warrant Officers make good real estate investors?

Joshua Wynn
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 12
  • Votes 3

@Phil Begay

Ahh the lovely Afghanistan. Thankfully I’ve never been there. Been on too many vacations in various beautiful cities of Iraq and Africa though! Good times.

Yeah I agree we warrants are probably good for real estate in that we drive to be experts in our fields. Have you run into any particular elements that are more difficult to grasp than others?

Post: Do Army Warrant Officers make good real estate investors?

Joshua Wynn
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 12
  • Votes 3

@Thadeous Larkin

Yeah it is beautiful. I was at a Reserve unit at JBLM for 18 years. Now I work at the port of Tacoma on Army watercraft. Hopefully by this October I'll be on active duty at Ft Eustis, VA

Post: Buy and Hold - did you form an LLC or DBA?

Joshua Wynn
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 12
  • Votes 3

@Meghan Custer

Hi Meghan, are you asking if you should use the name of your LLC or use a DBA name still with the LLC? Or are you asking if you should create an LLC vs just operating as a sole proprietor using a DBA?

Post: Do Army Warrant Officers make good real estate investors?

Joshua Wynn
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 12
  • Votes 3

@Ricardo Gomez

Yes thank you. BiggerPockets is amazing so far. Loving the podcast, forums, blog, and community.

How’s the market in San Diego these days. I lived in Mira Mesa in the early 90’s.

Post: Do Army Warrant Officers make good real estate investors?

Joshua Wynn
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 12
  • Votes 3

@Thadeous Larkin

Kidding as well, kinda 🤣.

Are you stationed at Carson?

Post: Do Army Warrant Officers make good real estate investors?

Joshua Wynn
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 12
  • Votes 3

@Thadeous Larkin

Wait a minute! You mean in Real Estate you won’t manage all my little worker bees and handle all the business admin as the O-Grade and let me just show up when you need me tell you how messed up your plan is and that it won’t work??

Post: Do Army Warrant Officers make good real estate investors?

Joshua Wynn
Pro Member
Posted
  • Rental Property Investor
  • Virginia
  • Posts 12
  • Votes 3
Originally posted by @Sean McDonnell:

Welcome, brother! Thanks for your service and looking forward to following your journey.  

Thank you for the recognition and thank you for your service as well. Are you still on active duty or are you a full time agent/investor now?