All Forum Posts by: Justin Young

I’m looking for a property management company for a client in Lawton Oklahoma. Does anyone have any experience with management companies in that area?

I was wondering if any has tried Paul Thompson’s master mind group? I’m wanting learn more about apartment investing and leveling up my life in general. I have joined “ success groups” before and wasnt very satisfied. And of course when I stated my opinion. The only thing said was... “ your doing it wrong, your not taking it seriously enough”. The cost to this mastermind group is $1000/month. I don’t want to throw money away for just the same ole stuff. So if you have any experience with this group please let me know. Or if you know where I can join a great group and level up my life, that would be appreciated also. Thanks.

Please share with me your best ways to find wholesale deals!

To be able to grow my business that way I would like this year I need about $100k. Without using my own equity and without investors (because most investors want their money back in a few years). Does anyone have a way to come up with $100k to reinvest? Or if there is an investor that would be able to loan that kind of money over at least a five year period, please share the details.

To be able to grow my business that way I would like this year I need about $100k. Without using my own equity and without investors (because most investors want their money back in a few years). Does anyone have a way to come up with $100k to reinvest? Or if there is an investor that would be able to loan that kind of money over at least a five year period, please share the details.

Iv done a deal were an investor loaned me the down payment to buy a rent house and the bank loaned me the rest to purchase the house. We had a promissory note made by my lawyer for me and the investor. He then took that note and put a lien on the house until I pay the loan back. So I got to buy a house with no money out of pocket. I'm wanting to do this a lot more next year. I was just wondering if anyone had a better way to do purchases like this or this is pretty solid? Thanks.

Anyone else attending the Real Estate Wealth Expo in Dallas Texas??

I just read the article that was on this site " Investing in rental properties won't build wealth but this will". To sum it up and NOT verbatim is says, it's a good idea to invest in rental properties but to think you can be financially independent quickly, won't happen. It says the best thing to do is build a business and then buy real estate. It would take to long to have enough cash flow to support your living. I agree and disagree. In a way it's frustrating to me. Iv been working toward this goal ( to be financially independent from rental property cash flow) for the last eight years. My question: Has anyone became financially independent quickly from buying rental properties?? I'm talking 3-5 years. If you have then can you please share how you have done that, your strategy and your goals??? Or just leave a comment and let me know what you think. Thanks.

Honestly I'm still undecided on what I want to do. I have a piece of land in Thackerville, I built a couple of duplexes on part of it. Mobile homes are by far the best return but I would still kind of like to make a nice little duplex community. Especially since it's in the middle of town. I'm thinking about buying a few more houses to build up my cashflow before I tackle that project.

Hey thank y'all for the reply, I appreciate it. I have done a little of everything, flipping, new construction, renovating, but I'm definitely a buy and hold investor. My strategy now is to create as much cash-flow as possible and to do that I'm looking to buy homes that are priced at $45,000 and less. I feel like as far as cashflow vs work that you have to put into a home, goes that's a good price range. I live in Southern Oklahoma and that's where my investments are. But I was in Zillow the other day and started looking at the OKC area an noticed that there are a lot of nicer looking homes in that price range. So I thought I would ask and see.