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All Forum Posts by: Ryan Guffey

Ryan Guffey has started 19 posts and replied 147 times.

Post: Starting while working 60 hour weeks

Ryan GuffeyPosted
  • Contractor
  • Kansas City, MO
  • Posts 147
  • Votes 74

@Zachary Ray if it were just me I would possibly be able to just leave but with the kids i don't want them to have to miss out if it takes me a little longer to get it figured out and get going

Post: Starting while working 60 hour weeks

Ryan GuffeyPosted
  • Contractor
  • Kansas City, MO
  • Posts 147
  • Votes 74

@Rodney Robinson will do, thanks!

Post: Starting while working 60 hour weeks

Ryan GuffeyPosted
  • Contractor
  • Kansas City, MO
  • Posts 147
  • Votes 74

@Wale Lawal yeah I figure it'll be more challenging, but wouldn't i be able to get more back quicker?

Post: Starting while working 60 hour weeks

Ryan GuffeyPosted
  • Contractor
  • Kansas City, MO
  • Posts 147
  • Votes 74

@Justin Carmack alright ill try and check them all out. Ok that makes sense I think I get it, so I would still have to pay the total value on it but would only need to worry about the 5k at first then I could fix and refi and try pay it off or rent it out and let someone else pay the 60k?

Ok that sounds good, ill start looking around

Post: Starting while working 60 hour weeks

Ryan GuffeyPosted
  • Contractor
  • Kansas City, MO
  • Posts 147
  • Votes 74

@Justin Carmack As far as books I'm in the middle of E myth revisited and I have cash flow quadrant waiting and I was planning to get J scotts books on flipping houses and estimating rehab costs. Between those and the ones you listed is there any order that you would recommend to read them?

A lot of good ideas, could you elaborate a little on number 5 on financing?

Would you try and find the deal first get a team together so you're ready to go when you find the deal?

Thank you, will do, this is all very helpful!

Post: Starting while working 60 hour weeks

Ryan GuffeyPosted
  • Contractor
  • Kansas City, MO
  • Posts 147
  • Votes 74

@Ray Danishyar depending on how many leads come in though how would I make sure to have financing set up for when they start come in?

Post: Starting while working 60 hour weeks

Ryan GuffeyPosted
  • Contractor
  • Kansas City, MO
  • Posts 147
  • Votes 74

@Wale Lawal I was thinking about trying to flip a few first to get some initial funds built up and then alternate with buy and hold

Post: Starting while working 60 hour weeks

Ryan GuffeyPosted
  • Contractor
  • Kansas City, MO
  • Posts 147
  • Votes 74

@Jean Joseph Thats awesome! Did you buy and hold, and how did you finance? How long did it take once you started looking?

Post: Starting while working 60 hour weeks

Ryan GuffeyPosted
  • Contractor
  • Kansas City, MO
  • Posts 147
  • Votes 74

@Brandon Abrego yeah ive been trying to listen to the podcasts as much as I can. Think I listened for maybe 6 out of 10 hours while at work.

I haven't looked to much on Facebook for groups, ill check that out.

How did you find your first deal?

Post: Starting while working 60 hour weeks

Ryan GuffeyPosted
  • Contractor
  • Kansas City, MO
  • Posts 147
  • Votes 74

@Jon L. I'm interested in learning as much as I can! What point in time would it be best to get a property manager? Is that something I should do earlier or after I can aquire a few properties?