All Forum Posts by: Josiah Richard

@Twana Rasoul thank for the advice as I needed to hear from some professionals in the the industry! Much appreciated.

@Steven Picker

That’s a really good point and one of the concerns I had. However my wife and I are hustlers, so she was pushing for me to make the move because of doing something of passion, rather than just income. I think after this we will be able to have a more informative conversation.

@Nathan G.

Thank you so much for the input and information!

@Evan Gross I am now in a similar situation. Did you end up getting your PA license? If so what online course did you use?

Can anyone shed some light on whether or not the pros & cons associated with going full-time agent vs part-time at first? What would be recommended? I am in the Pittsburgh Area, PA and my wife is in a Doctoral program and I am the only one within income. 

I currently work Full commission in the car industry as a manager. 

Advice?

Ok, thanks for the input! 

@Jabari Long, Honestly it was the only way we were able to start due to my wife being in college and me hitting he rest button on life after the military. But I was considering refinancing to lower my APR on the house and increase my cash flow slightly. Any advice if that's a good idea or not, considering the costs associated with refinancing?

Investment Info:

Single-family residence buy & hold investment in York.

Purchase price: $162,000
Cash invested: $3,500

My wife and I originally purchased this house with a VA loan and put nothing down but some fees. We lived there for 1 year and then moved and have been renting it out since.

How did you find this deal and how did you negotiate it?

I had no idea what I was doing just like the house and figured it was a good area and would rent well when we had to move due to location.

How did you finance this deal?

VA loan as little down as possible.

How did you add value to the deal?

I didn't, it was a flip