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All Forum Posts by: Clancy Johnston

Clancy Johnston has started 0 posts and replied 24 times.

Post: Wholesale Marketing Strategies

Clancy JohnstonPosted
  • Boise, ID
  • Posts 24
  • Votes 12

Checkout the real estate disruptors podcast on YouTube bro. It's super helpful! 

Post: Fix & Flip in Meridian, Idaho

Clancy JohnstonPosted
  • Boise, ID
  • Posts 24
  • Votes 12

@Kevin Pfleger

Nice! Looks great Kevin!

Post: Introductions, late, but better than none

Clancy JohnstonPosted
  • Boise, ID
  • Posts 24
  • Votes 12

@Matthew Koch

Hi Matthew! Welcome!

If you’re ever in Boise, feel free to reach out on LinkedIn or here. Would love to grab coffee!

@Jay Lee Check out: the Mobile Home Park Investing Podcast and the Mobile Home Mastery Podcast. These should give you some very good insights into the reality of MHP investing. I’d propose, to no fault of your own, your views of parks have been highly influenced by the internet, shows and news. Especially because they rarely portray them in a good light :-) They’re typically a very good, safe and profitable investment. Happy listening! 10/10 recommend the podcasts. Great question!

Post: Assisted living facility?

Clancy JohnstonPosted
  • Boise, ID
  • Posts 24
  • Votes 12
@Ken Williams Assisted living owners can make a killing. We’re seeing a ton of consolidation in this industry as of late. The thing to keep in mind is they are incredibly W-2 intensives and have tens and tens of moving pieces. Much more complex and operationally intensive than other real estate plays. Have you considered partnering with local or regional operating partner?

Post: Tax Courses for Real Estate Invesment

Clancy JohnstonPosted
  • Boise, ID
  • Posts 24
  • Votes 12
@Horacio Gutierrez John Hyre has some fabulous stuff. Definitely Reccomend his seminars. Tom Wheeler’s book is also a good start.

Post: Potential Mobile Home Court

Clancy JohnstonPosted
  • Boise, ID
  • Posts 24
  • Votes 12
@Chester Straley Are there any mobile homes on the land? Is it an RV park?

Post: Tax Benefits of Real Estate

Clancy JohnstonPosted
  • Boise, ID
  • Posts 24
  • Votes 12
@Cody Johnson-Winsett Hey Cody! Wealthy people know a lot about taxes. Typically far more than the average CPA. Sometime take 50k of w-2 income, 50k of interest income and 50k of rental income through a 1040 and see what your take home $ is.

Post: How to show thanks...?

Clancy JohnstonPosted
  • Boise, ID
  • Posts 24
  • Votes 12
@Michael Glaspie If you have clients that you do a ton of business with - I’d subtly get to know their favorite restaurants or shopping places. *local restaurant gift card* “If I remember right, this is you and your wife’s favorite spot. Please enjoy dinner on us” Or so they’re a big hunger or outdoors man. “Enjoy some gear on us! Happy xyz”

Post: College Student interested in Real Estate

Clancy JohnstonPosted
  • Boise, ID
  • Posts 24
  • Votes 12
@Jackson Acuff Howdy! Welcome to the game. I’d become a pro at finding, analyzing and presenting deals. Remember you can bring value to the REI marketplace through capital, deal finding and management. You can get a piece of the pie there. Invest in good education! Highly suggest seminars by Pete Fortunato, John Schaub and others. Find successful real estate investors near you - ask if you can buy them coffee. Learn from them, implement and the come back to them with results. Always write thank you notes.
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