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All Forum Posts by: Patrick Felt

Patrick Felt has started 2 posts and replied 4 times.

Post: Rent to Retirement - Zach

Patrick FeltPosted
  • Posts 5
  • Votes 19

I'm currently being guided by Zach on my first couple of turnkeys. The process so far has been smooth and can't wait for everything to close in the next month. Zach has been very helpful to me despite being a very busy individual, so i appreciate him taking out the time to go over every aspect of the process. Not to mention the added gems he drops regarding other aspects of investing. At the moment he is mentoring me on the strategy of investing through my self-directed IRA, which i don't know a whole lot about, but will be considering for my next couple of purchases. From what i have gathered, Zach has a passion for helping people reach their dreams of financial freedom and as i get further along in my career, i can only say that Zach's help will undoubtably be priceless. So, all and all i recommend first time and seasoned investors to give Zach and his team a chance to not only increase your cashflow but to broaden your knowledge of the RE investment space!

Thank you in advance @Zach Lemaster for everything!

🙏

Words of advice to others: Take Action NOW NOT LATER!

Post: Rent To Retirement Review

Patrick FeltPosted
  • Posts 5
  • Votes 19

I'm currently being guided by Zach on my first couple of turnkeys. The process so far has been smooth and can't wait for everything to close in the next month. Zach has been very helpful to me despite being a very busy individual, so i appreciate him taking out the time to go over every aspect of the process. Not to mention the added gems he drops regarding other aspects of investing. At the moment he is mentoring me on the strategy of investing through my self-directed IRA, which i don't know a whole lot about, but will be considering for my next couple of purchases. From what i have gathered, Zach has a passion for helping people reach their dreams of financial freedom and as i get further along in my career, i can only say that Zach's help will undoubtably be priceless. So, all and all i recommend first time and seasoned investors to give Zach and his team a chance to not only increase your cashflow but to broaden your knowledge of the RE investment space!

Thanks in advance @Zach Lemaster for everything!🙏

Words of advice to others: Take Action!

Post: Money Organizing for a Flip

Patrick FeltPosted
  • Posts 5
  • Votes 19

Hello everyone.

i need some major advice. if i have a deal where the acquisition cost is 100k

i have the money spread between me and my mother who wants in on the deal, but our money is spread out between different accounts, how can i possible get all the money together from the several accounts to the closing table?

is there a way to do this, without it being a mess? do i need to create an LLC and have the money wired to the LLCs account or can i do it another way without doing that?

thank you in advance...

if you need further clarification please let me know

Hey guys, i have this deal that might possibly be my first. 28 days till auction date 

est. debt of prop 150k 

est. ARV: 280

est. 25k repairs. 

what is the best way to execute this deal in the amount of time i have, and what is the best way to maximize this deal as well?

Should i get a hard money loan and close on it, flip and hold, flip, wholesale, wholetail, etc please let me know what your opinion is on this and if you need any more information.

thank you!