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All Forum Posts by: Kyle Starkey

Kyle Starkey has started 4 posts and replied 16 times.

Post: Want to do Direct Mail where do i start?

Kyle StarkeyPosted
  • Posts 17
  • Votes 3

Direct mailers are usually a shot in the dark if they are interested in not to selling. There would be no list that you can purchase of those interested in selling.

only one you create yourself. I would start with an area your interested in targeting and blast the neighborhood with a mailer, then hopefully some responses and you are able to capture those leads. 

This is why some get paid to find houses that look run down in nieghborhoods. build their own more qualified list instead of big mailer blasts

Post: fix and flips in Baltimore

Kyle StarkeyPosted
  • Posts 17
  • Votes 3

just moved out near Baltimore myself from CO. That denver market is unreal. Would love to fall into these type of flips here. Let me know if you need some feet on the ground :). 

Just moved out from colorado. Colorado saw a decrease in crime with legalization

Hey Bigger Pockets Community,

My name is Kyle Starkey, and my background is in Marketing and General Business Optimizations and workflows. I have had substantial success with everything from SEO, to third-party e-commerce platforms like Amazon. I have recently moved from Denver to the east coast for family and want to start my new chapter in life with Real Estate being a big part of it.

 LinkedIn if interested in more of my background.

I have been a long time lurker of the real estate world trying to figure out how to get my foot in the door.

When I was in the Navy, I spent my time underway reading every real estate/self-help book I could find. I bought my first forclosure townhouse in Aurora, CO. I tried, before the crash, to take 80% equity out to buy another unit but had zero luck at securing traditional funding through a bank. Luckily never went upside down.

My goals with Real Estate are to fund my retirement and make a great side hustle paycheck along the way.  I am interested in flipping houses, multi-units/single families BRRRRs. 

While  I am here to learn and will help where I can; I joined the forums because of "The Book on Rental Property investing" and the chapters on how financing works. Before the book, I was pretty deterred after my experience in 2009 with lending from banks.  But now I have hope :)

I would love to find a mentor on here to learn from in the area. Or a part-time gig to get through the transition from Denver to East coast.

After reading the forums for a few days, I am curious:

  • When you mention "doors," is that units? So a quadplex is four doors...
  • What are your end goals? 

Forums have never been my favorite form of education, but I will be checking in here often, and I am setting up the alerts for locals :).

Cheers,

kyle

lol this sounds like a great problem to have.

I would look at it as 4 options:

1) she quits her job and you both do real estate.

2) you start taking a paycheck to stop being such a mooch off the wife.

3) you get a w2.

4) you let her get over the situation and realize how much wealth your creating for the family.

I vote for option 1 or 2.

7000 positive every month is crazy to not be taking a paycheck. Yes it will slow down future growth but live in the now a little more lol. 

i would say its a bad asset at best. Its an expense until you can get to all the benefits you mentioned in the books.

As rich dad would say "how many place can you own at -200 a month?" -not very many.

"And How many can you own at +200 a month?" - as many as i can get my hands on.