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All Forum Posts by: Chris Ghemm

Chris Ghemm has started 6 posts and replied 18 times.

Post: What happen to today's Webminar?

Chris GhemmPosted
  • National City, CA
  • Posts 18
  • Votes 6

What happened to today's Webminar for How to QUIT YOUR JOB Through the Power of Real Estate Investing!..  

I did not get any reminder and when I click on the link it just brings me to sign in to the next webminar.  

Post: Finally Leaving My W-2 J.O.B. Pumped!

Chris GhemmPosted
  • National City, CA
  • Posts 18
  • Votes 6

Congratulations. Stories from people like you inspires other to work harder in achieving what you just accomplished. It is a proof that everything is possible if you put your hearts and minds towards achieving your dreams. 

Post: 100% Down vs Financing - What does the bible say?

Chris GhemmPosted
  • National City, CA
  • Posts 18
  • Votes 6

I am not a pastor or a theologian but this topic has been preached many times in our church with each preacher have different take on the subject. I have also listened to Dave Ramsey who is preaching 100% down but if you listen to his radio show you will learn that he does give exception to borrowing for a house.

The point is most people have DEBT problem because they let emotions control their financial decisions. People think they can afford something if they can pay the monthly payment. Some will work 2 or 3 jobs to pay for the house and/or for the car they can't enjoy. Good investor think differently, they check the numbers first. If the number makes sense then they make the decision to buy. 

Congratulations.  I will be sending my last payment for my primary residence in 2 weeks also. 

Post: Agent / New Investor in California - Orange County

Chris GhemmPosted
  • National City, CA
  • Posts 18
  • Votes 6

Welcome to BP. I was just in riverside and loma linda today visiting some relatives and frieds. My uncle just let me take a big bag of oranges home. Good luck in your investing. 

Post: Brandon & Josh were wrong AKA My first flip

Chris GhemmPosted
  • National City, CA
  • Posts 18
  • Votes 6

Congratulations.  Keep it up and I wish you more success. 

Post: New Member in California

Chris GhemmPosted
  • National City, CA
  • Posts 18
  • Votes 6

I wanted to say thanks for the welcome and great advises.  To Brandon, I am now reading the beginners guide to real estate investing and also viewing the education videos here in BP.  

Thanks!

Post: New Member in California

Chris GhemmPosted
  • National City, CA
  • Posts 18
  • Votes 6

Hi Everyone,

I'm a new member from San Diego, California.  I stumbled upon this website when I was looking for resources on how to rent my house. I went to Amazon and look for books on rental property and landlording and the first book I picked is "How to Rent Your Hose" by Brandon Turner.  

My first purchase was 100% finance at the peak of the market in 2005 and lost it into foreclosure. In 2011 with my wife's good credit, we were able to buy a second home.  We are both familiar with Robert Kiyosaki and Dave Ramsey's teaching. We have applied Dave Ramsey's teaching since 2011 and on March 2016, we will own our home free and clear.  

We are now going into baby steps #7 of FPU and would like to incorporate real estate into our wealth building. We would like to learn more about buy and hold strategy and build slow with at least 70% - 80% LTV for each property. SFR in San Diego area is expensive so it will be harder for us to begin. We look at other state but my wife is concerned about dishonest property managers. We will be going through the forums as well as the podcast so we can learn from experience of BP members who were able to make it on expensive cities as well as from BP members who was successful in going out of state.

Thanks!