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All Forum Posts by: Conway Churaman

Conway Churaman has started 12 posts and replied 109 times.

Post: Need a plan to raise $80,000 in 2 months

Conway ChuramanPosted
  • New York City, NY
  • Posts 114
  • Votes 20

So I am basically out of savings while I sit here in Orlando Florida waiting for a few months already trying to figure out my first move in real estate.

I quit my job of 12 years in New York because of my dreams of being an investor.  I thought moving to Orlando, a growth market, was the smart strategic move. But I'm not doing anything because of analysis paralysis.  I have been spending the time by getting my RE license.  My investment capital sources fell through unfortunately.  Suddenly though I find myself in an emergency situation where I have less than 2 months to raise $80,000. If I can't then a friend might die.  

I am open to any strategy at this point.  I need ideas from anyone willing to share with me.  I am hoping for some constructive feedback.

Thanks

Post: New Investor from the Tampa Bay FL area

Conway ChuramanPosted
  • New York City, NY
  • Posts 114
  • Votes 20

Hello there!  Newly licensed agent in Orlando.  Thinking if moving to Tampa myself but not sure yet.  If there is anybody out there looking for a licensed assistant let me know.

Post: Failure to launch, no luck so far

Conway ChuramanPosted
  • New York City, NY
  • Posts 114
  • Votes 20

Man oh man do I want to contribute to this thread my mistakes.  Studying for a Florida license at the moment.  I will continue to follow this thread and gather my thoughts until I'm ready.

Post: LOOKING to Learn while I Earn

Conway ChuramanPosted
  • New York City, NY
  • Posts 114
  • Votes 20

Glad to know ya!  I'm in a similar position myself.  Studying for my sales associate license here in Orlando.  I would like to compare notes with you when the time comes.  Good luck to you.

Post: Dr Phillips Lakefront-View with Mother-in-Law apt-REDUCED $10k

Conway ChuramanPosted
  • New York City, NY
  • Posts 114
  • Votes 20

Hello.  I'm curious as to the status of this property.  Did someone buy the contract?  Was the property rehabbed and at what cost?  What were the comps at time of purchase and after the project was complete?  Have a good day...thanks.

Priority #1, get rid of the soul crushing job. I just set up my LinkedIn profile focusing on looking for new employment as opposed to being a newbie REI. I have resumes uploaded to various sites. I suppose you are right @Paula Pant that I should not burden my passion to support my life.  I need to eliminate the negative job so I can think creatively again.  I'm keeping my options open for New York and Florida.  I have important questions to ask about my life and where I want it to go.  Getting a new job for now is great.  But I want to take steps this year to put me on the road to financial independence.  I don't have to get there this year but I want to be on that road.  Paula, I really want to enjoy life this year somehow.

@Scott Trench I had to wait till I got back from work to reply. From your post you are basically selling me on moving to Florida. Guess what? I don't have expensive tastes. I do have some credit card debt though. I'm single with no kids so no expenses in that respect. I don't need to cash flow a lot to become independent. I just want to free up some time so I can pursue other things that are more important to me. I'm considering a combination of things such as running an Amazon FBA business as well as REI to help me reach my personal goals. I would still need a regular job in Florida to help with my expenses initially and to help with investments in myself and my business.

Please understand, I'm not looking to become totally independent in a year.  But I want to be able to say that I'm well on my way to that before the year is out.  And, I want to enjoy the year as I'm working toward that goal.  It will be EXTREMELY difficult at first because I would have to suck it up and move back in with the parents temporarily.  But I think starting out in the Florida markets is the way to go.  

If only I hadn't had to spend my savings I could have started out much easier!  

@James Caruso Oh you bet I'll be contacting you.  Thanks.

@Account Closed , I'm reading a little bit about your company and I will be looking forward to meeting you indeed.

Post: Looking to Help Beginners ! (Investing , Financing, Managing)

Conway ChuramanPosted
  • New York City, NY
  • Posts 114
  • Votes 20

@Account Closed Sir, if I haven't mentioned it before I will mention it again...I am very impressed with this thread that you started.  I invite you to my thread: https://www.biggerpockets.com/forums/109/topics/401671-need-a-new-lifestyle-plan-heck-i-need-an-intervention…@AffordAnything 

I need an intervention really bad!  I would greatly appreciate your input.

Thanks.