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All Forum Posts by: Kumar Kolar

Kumar Kolar has started 1 posts and replied 10 times.

Post: Why do you invest in real estate?

Kumar KolarPosted
  • Investor
  • London, England
  • Posts 10
  • Votes 6

The satisfaction of hunting down and negotiating a great deal.

Plus seeing opportunities where people ignore.

Great post @Filipe Pereira!
I'm a big fan of google forms and sheets, it's crazy how powerful these free tools are once you play around with them.

You've probably already of Zapier (https://zapier.com/) I'd highly recommend that too.  You can plug in Google Sheets automatically with your CRM, invoicing software, email and various other tools.  You do have to pay for an account but it's pretty cheap.  It does take a little bit of time to get your head around, but there's loads of youtube tutorials out there and it doesn't need any actual coding so for non technical people you can supercharge your processes to make it more efficient.

As well as real estate I have an agency developing chatbots for Facebook Messenger, I'm in the middle of writing a little blog posts on more efficient ways to capture leads through chat bots.  So should be sharing it with the community soon, once I've finished editing it over the weekend, fingers crossed!

Post: Best Apartment investing course

Kumar KolarPosted
  • Investor
  • London, England
  • Posts 10
  • Votes 6

Great thread, totally agree that there's nothing like going out there and doing, but so much knowledge can be picked up to refine processes.

There was a book which I read that had a great tip to get a meeting with busy people that I have successfully used a number of times.  

When you are trying to get a meeting, to show that you are respectful of their time say that you only be there for x minutes and if you go even a minute over you will donate $xxx to a charity of their choice. 

Sounds corny and I wouldn't have believed it till I got a meeting with a large retailer in London (Harrods) and the buyer said she was happy to give the time because of this.

So even if a book only has one worthwhile technique that is used, I still think it's invaluable!

Post: We DID IT! First flip in the books

Kumar KolarPosted
  • Investor
  • London, England
  • Posts 10
  • Votes 6

Nice one!! Interesting to see how you used various sources for the loan too.  Thanks @Jim McCabe

Post: Inspiring and Informative Real Estate Books and Course thoughts?

Kumar KolarPosted
  • Investor
  • London, England
  • Posts 10
  • Votes 6

Hey guys and girls,

I'm looking to boost my property investment targets and wanted to see which courses/books/blogs do you recommend?

The US market is further advanced that the UK and would love to learn about creative finance/finding deals/negotiating in property deals.

Look forward to adding to my Amazon reading list!! 

Post: $1,300,000 Deal at Age 21 & I'm Retired!

Kumar KolarPosted
  • Investor
  • London, England
  • Posts 10
  • Votes 6

Kudos dude!! That's amazing!!

Post: Top 2-3 lesson you learned the hard way?

Kumar KolarPosted
  • Investor
  • London, England
  • Posts 10
  • Votes 6

Good question!!

I remember when I was 22 and learnt about No Deposit Deals, I just wanted to go out there and do a deal.  I think my desire to do such a deal clouded my judgement on what property to buy.  So I had a rubbish property in a bad area but it was bought with no deposit.

To a hammer everything looks like a nail.

I just wanted to use the hammer lol! 

Post: Bitcoin for rent payments

Kumar KolarPosted
  • Investor
  • London, England
  • Posts 10
  • Votes 6

Wow that will be pretty cool to get a percentage of payment via bitcoins.  Across a portfolio if you say 10% can be through bitcoins then you expose yourself to that asset class.

Wonder how the tax status of that will be if you were to sell the bitcoins and make a profit...

Post: How Good is Zillow's "Zestimate" of Home Value

Kumar KolarPosted
  • Investor
  • London, England
  • Posts 10
  • Votes 6

We have something really similar in the UK, with the website Zoopla.  From my experience it really depends on which city you are in.

In certain parts of London lots of houses have been converted to flats of various sizes and configuration, so there can be quite a discrepancy.

Though I think now they are using the FOR SALE brochures to get Sq footage and other details then use that to update property details so it's getting more accurate.

Looks good! And great that there's an Audiobook version!  Can I get the Audiobook through Audible too?