All Forum Posts by: Chris Coleman

@Casey Christensen

I have found office conference or class rooms to be ideal. If you have one, or know someone who would allow you to use their conference or class room, you should try it out. Especially if the office is close to a restaurant or bar/grill where people can meet and network afterward.

I attend a Meetup that meets in a conference room of an office building that’s connected to a retail plaza. When the meeting is over we walk over to the pizza place and eat and network. It works well.

@Jared Lomker

Have you visited the REtipster website? www.retipster.com

There is plenty of information there about investing in land.

@Corazon B.

You’re thinking and questions are going in the right direction.

Yes, first determine what neighborhoods you want to invest in. Ideally, you want middle class neighborhoods, low crime, decent schools, easy proximity to transportation, retail, etc.

Then, knowing how much you can afford, you can start looking for potential properties in those areas.

In the meantime, while you’re saving the money, continue reading and learning.

@Omar Gonzalez as far as I have seen, the Best Ever Conference is only one time each year.

@Matthew Hite

I can recommend Brad Grimes in Frisco, TX. You can google Grimes Insurance Group in Frisco and his company will come up.

I would talk to Brad first and see what he recommends and what (hopefully) the new coverage would be before spending time trying to negotiate or whatever with the CA company.

@Michael Le

I’ll be at MFIN in Houston! Also, the Best Ever Conference 2020 if you can make it up to Denver.

@Christian Smith

Have you established clear investment criteria? That is, have you decided what neighborhoods you want to invest (and live) in? Have you decided what type of property you want - duplex/tri/quad? Have you set your purchase price range? Have you decided how much rehab you’re willing to do, if any? Have you set your minimum cash flow that you’ll accept?

If you have clear answers to these questions, then find properties that match your answers, and move forward on the best one.

@Shane Willis

Shouldn’t the goal of great mentor be for his/her student to be as successful as possible? In fact, the pinnacle of success is when my student surpasses me as the teacher!

And worrying about competition like that is a scarcity mindset, which I definitely would not want in a mentor.

@Michele Zugschwerdt

Keep in mind that unless you are purchasing/titling the property inside an LLC or other type of business, then the net income from the property is going to be considered personal income anyway for tax purposes. So a business account is not necessary.

But with that said, yes it’s still best practice to keep all your investment finances separate from your personal day-to-day funds from W-2 jobs, etc, and makes your accounting life easier.

It sounds like your existing checking, savings, and LOC accounts that you mention would work fine.

@Alain Perez-Majul

Check out the Reonomy website. They have a list of commercial re conferences.

https://www.reonomy.com/blog/post/comprehensive-guide-to-commercial-real-estate-conferences