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All Forum Posts by: Justin Young

Justin Young has started 3 posts and replied 6 times.

I search around and didn't have much success.  Who has a recommendation for a real estate attorney in DFW that's familiar with wholesaling and other real estate investments.

Post: Attorney in DFW, TX

Justin YoungPosted
  • Posts 6
  • Votes 2

Did you guys ever find anyone?

Post: Attorney in DFW area?

Justin YoungPosted
  • Posts 6
  • Votes 2

@Erin Elam did you ever find anyone?

Post: Tools to find Growing markets

Justin YoungPosted
  • Posts 6
  • Votes 2

What tools do you use to find growing markets?

Post: Am I kidding myself?

Justin YoungPosted
  • Posts 6
  • Votes 2

@Chris Szepessy  My goal is financial freedom.  Yes $2k/mo is low, but I figured I'd start small to see if the bare minimum was even achievable.  Ultimately I'd like to have enough cash coming so that I could live comfortably and put my time into whatever I wanted.    

I realized about 6 months ago that I'm really great at creating jobs for myself (have done it repeatedly) and when I re-read The E-Myth I suddenly realized I was going in circles.  THAT's when I decided to start a "business" rather than create another job for myself and felt I was closer to my overall goal.  Then I read Rich Dad Poor Dad which gave me the recent clarity/mind set that having good cash flow would afford me the lifestyle I wanted without having to save millions of dollars and invest before that was possible.

Really excited about this new path.  As an aside, are there any credible contrarian opinions that I should read to help understand both sides of the coin? 

Post: Am I kidding myself?

Justin YoungPosted
  • Posts 6
  • Votes 2

I've read dozen of business books over the past couple years but the other day stumbled across "Rich Dad Poor Dad" for the first time (trite I know).  My mind was blown.  

After a lot of searching during the past few years the path to financial freedom suddenly seemed so clear. Everything I read in the book, I was like "YES!  That's Right!" 

As a result my goal has become  "Get enough cash flow enough over the next 2 years to cover all expenses each month ($2k)" 

Is this a realistic goal? Or am I tricking myself? 

Some context:

My wife and I recently moved to CT from Dallas.  Within the last year I also started a new business and so far only pull in about $1k/month (pitiful I know, but it's just starting to take off finally).  No full time job for me, I've just been working on the biz but my wife has a full time job.  We split the bills evenly. My portion of bills is $2k/month including our mortgage on a house we bought just last year (*face palm*) I have about $40k in a 401k and a credit score of 785.  I also have about $50k in unsecured credit available.


My new business is in real estate photography and as a result I've made a lot of good relationships with key people I'd need on my team.  Loan officers, realtors etc who could help get me plugged in here.   I've also downloaded several Bigger Pockets audio books today and have been devouring them.  Any additional advise would be hugely appreciated.

So, big question again is: Am I just fooling myself into thinking my short term goal is attainable?