All Forum Posts by: Roland Brown

Great post man, I feel your pain and drive for success.

I was in Construction in 2006 in Phoenix looking to buy property, got laid off  so I pulled back out. Then got working for a window treatment manufacturing company (Blinds, Shutters, Etc) in 2007 to watch that business go bust right before I closed on my first deal.

  I felt the sun burn of the late 2000s in Phoenix.  I went to business school finish my education.  Here I am 10 years trying to get back into the real estate business. 

I am with you I need to get my first deal moving.

Thanks Moshe H. . That gave me a lot of clarity into options- now to have a discussion with my very conservative wife about ways to invest this should be fun😜 How hard is it to use funds like these to do hard money lending? Is that even a good idea? I'm very curious on this because it seems as it requires less effort...

I am new and looking for ways to ear mark capital for Investing

I have roughly $100K in home equity.  Are there specific ways I can go about using that equity to start investing?  Would this be a generic refinance, a home equity loan, something else I am not aware of?

What are the Pros and Cons?

Also, as a newbie, I am anxious about messing up and having a second home that ends up being worthless, can I do anything with the equity such as short term lending  while I build up my network and learn the real estate business?

Hi all, I am new!

I am from Tucson, AZ, and have lived in Phoenix, AZ, Bakers Field CA, Eastern Idaho, Jackson Hole Wy, Alaska stick, the Hawaii Beach, and find my self now in McKinney Tx. I am a life long fitness enthusiast and competitive athlete having competed nationally in Wrestling and Rugby, locally in dozens of other sports.  I am currently a strength coach for a few hours each week as a hobby.  I tend to latch on to ideas then work feverishly to become the consummate subject mater expert in each field, I have learned a little of real estate and now want to really dive in.

I am educated in business finance, with an MBA, I have worked as a Financial Analyst  for that past 6 years for a large defense contractor. I have worked as a cost analyst to protect profit margins and develop strategies to capitalize on opportunities and  mitigate risks.  As enjoyable as it is to turn the company profit on a $20M project from 14% to 22%, I am really more interested in developing a long term plan for my own financial success.

I like my job, and I am moving up rapidly in the corporate world but I want a stronger plan then depending on the corporate world at the end of the next 10 years.  I ideally would like to be self employed.

I recently was hired on at the new Toyota North America in Plano Tx.  I will be leaving my current employer next week.  I will have a modest 401K and am open to ways to leverage that into real estate investing.  I have looked around and there seems to be as many ideas on how to do that effectively as there are people breathing.  True to the Pareto principle 80% seems like garbage, and of the other 20%, 80% is also garbage

^ë^ (*o*). 

I would like to build up my investment portfolio in conjunction with my full time employment.  I am a realist and want to look at ways to plan and grow my investments over time.  My time is limited but I am willing to put in work in late hours if it makes sense and is not cheesy.

Main question - What can I do with my old $35K 401K that would be better than leaving it in its current form?

Is my 401K too small to really be of use?

2nd question - What seems most logical to me right now is to build up a cash account not tied to the 401K then start to work a real estate wealth creation plan once I have cash in hand. Down side of this plan is it leaves me out of REI for ~5 years thinking conservatively.

 I would like to look at the most methodical approach and the most light my hair on fire approach and find a middle ground.

I would appreciate good feed back