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All Forum Posts by: Tommy Ray

Tommy Ray has started 29 posts and replied 127 times.

Post: QOTW: What advice would you give your younger self?

Tommy Ray
Posted
  • Real Estate Consultant
  • San Antonio TX Canyon Lake TX Fort Walton Beach FL Cape Coral FL Clarksville TN Sumter SC and Lawton, OK
  • Posts 138
  • Votes 127

I will always help if able with advice and guidance.  It is just a function of time, and awareness into that market, it's laws, and such.  

Post: QOTW: What advice would you give your younger self?

Tommy Ray
Posted
  • Real Estate Consultant
  • San Antonio TX Canyon Lake TX Fort Walton Beach FL Cape Coral FL Clarksville TN Sumter SC and Lawton, OK
  • Posts 138
  • Votes 127

Embrace change and learning as reality and "surf" it to learning, networks, systems, software, processes that culminate in diverse earning opportunities.  Learning at the front end equips you with a toolbox of skills and abilities to monetize more opportunities that may otherwise pass you by.  Look to help others and realize when you do this goodwill comes back to you time and time again.  

Realize that developing your communication skills are both a shield and a sword as you look to build an empire.  

Lastly, values have value.  People you can trust w/o excessive management / oversight are worth more than the cheapest contractor.  Thus talk in terms of value and never cost.  Cost is a subset of value.  Value is not a subset of cost.  

Post: Property Managemnet Lawton Oklahoma

Tommy Ray
Posted
  • Real Estate Consultant
  • San Antonio TX Canyon Lake TX Fort Walton Beach FL Cape Coral FL Clarksville TN Sumter SC and Lawton, OK
  • Posts 138
  • Votes 127

Try Tiffany Walker at Lawton Realty Group--580-355-3355!  She manages for me!

Post: If I had to start all over again from a multi-millionaire w/31yrs

Tommy Ray
Posted
  • Real Estate Consultant
  • San Antonio TX Canyon Lake TX Fort Walton Beach FL Cape Coral FL Clarksville TN Sumter SC and Lawton, OK
  • Posts 138
  • Votes 127

Whew...  there is so much to this post to convey.  To say that the worlds of now versus the late 80s are total different in terms of the ability to communicate to the masses as well as the cost of borrowed money!  

I would learn derivatives (wraps, subject to, lease options, owner financing, assumptions,  REOs haggled directly with the banks and cross collateralization to name a few).  I would study marketing religiously and video journalize each learning moment (good or bad) for posterity.  I would apply technology to its fullest throughout the entire acquisition and management cycle.  I would use virtual assistants as soon as I had something to scale and look to scale each facet of the business.  

86,400 seconds in each day.  I would learn, play, and work EACH day to maintain the passionate love affair with real estate.

I would ask more questions of others, their processes, their jobs, their investment methodology and get more connective learning and understanding of the big picture...  and so much more...

What would you do differently?  What do you need help on newbies...?
  

Post: virtual assistants in marketing?

Tommy Ray
Posted
  • Real Estate Consultant
  • San Antonio TX Canyon Lake TX Fort Walton Beach FL Cape Coral FL Clarksville TN Sumter SC and Lawton, OK
  • Posts 138
  • Votes 127

Thank You!  What tasks have you been able to successfully delegate?

Post: virtual assistants in marketing?

Tommy Ray
Posted
  • Real Estate Consultant
  • San Antonio TX Canyon Lake TX Fort Walton Beach FL Cape Coral FL Clarksville TN Sumter SC and Lawton, OK
  • Posts 138
  • Votes 127

Has anyone used a offshore VA and generated good effects? If so, do you have any lessons learned?

Post: Lawton Rental Market

Tommy Ray
Posted
  • Real Estate Consultant
  • San Antonio TX Canyon Lake TX Fort Walton Beach FL Cape Coral FL Clarksville TN Sumter SC and Lawton, OK
  • Posts 138
  • Votes 127

Los Tres Amigos on cache st, Lawton OK at 12 pm if anyone wants to come out and talk real estate investing!

Post: Lawton Rental Market

Tommy Ray
Posted
  • Real Estate Consultant
  • San Antonio TX Canyon Lake TX Fort Walton Beach FL Cape Coral FL Clarksville TN Sumter SC and Lawton, OK
  • Posts 138
  • Votes 127

1301 NW Gore--580-355-3355 (Tiffany Walker).  Tell her I sent you!

Post: Lawton Rental Market

Tommy Ray
Posted
  • Real Estate Consultant
  • San Antonio TX Canyon Lake TX Fort Walton Beach FL Cape Coral FL Clarksville TN Sumter SC and Lawton, OK
  • Posts 138
  • Votes 127

Hey Kenny!   Been investing there since 2008.  30 years total.  Reach out if you need help.  I have a good property mgr there and she helps me find deals as well.  There is also a Lawton Real Estate Investors Association (LREIA) subgroup on Facebook.  Hit me up if you want the referral!  

https://www.facebook.com/group...

Post: Who likes to help veterans with housing and jobs

Tommy Ray
Posted
  • Real Estate Consultant
  • San Antonio TX Canyon Lake TX Fort Walton Beach FL Cape Coral FL Clarksville TN Sumter SC and Lawton, OK
  • Posts 138
  • Votes 127

Douglas Spence that sounds good.  On a brief vacation with my 22 year old Marine Son...  But will be back in the saddle and ready to engage soon!  www.sarealestateinvesting.com