All Forum Posts by: Corey Gee

@Guy Pierre Welcome to investing and I personally think that real estate is the best way to reach ones goals for success. I read above that you want to get into some buy & holds and that you are reading books; ALL great ideas. You also mention some of the areas I live and invest which is middle GA (Macon & Warner Robins), but may I add that you put a wide net area from McDonough to Warner Robins because that is a good drive. Also may I add, to please look for your local REI meetups as you go on your quest to learn. They are normally once or twice a month and here you will find local investors who are seasoned and full of advice. Please take a listen to some of the BP podcasts to learn as well, they helped me and still are. These people you meet, and in the podcast, will help you zone in on what kind of buy & hold properties you want to invest in; Ex. some investors like "C" class or only "B" class properties I've learned over time. Some look at the area and feel that Section 8 is the best ROI for what they have to invest based on some factors. Once you find your niche Guy just RUN with it! Don't let anyone stop you and/or sway you because they won't do it. Look man there are plenty of deals out here for all of us and like you already read, plenty of us in BP who are still learning and willing to help/share what we've learned so far. Wishing you the best Guy, and continue to do one step at a time until your reach your goals.

Steven! The whole story in it self is POWERFUL!! Your experience in construction shows within the before and after, but I am pumped that you took the leap of faith and y'all decided to go for it in the first place. Life & Game changing move man! I love it when people go for something great and it works out. Way to take action and see it though, keep it going and keep being a inspiration.

@Anthony White Congrats! Thank you for sharing, because WOW! that is inspirational. The sky is the limit, until you crack through that!, so keep going Anthony.

@Josh Epps

@Lee Taylor

Thank you for the info any willingness to help in the future. I have planed to attend this Thursday at the Centerville Library for the WR REIT and learn as I get started here.

Looking forward to meeting, learning, and growing with you.

It has been years from the last posting in here, but maybe someone has on their alerts for Macon, Warner Robins, & Perry (the Middle Georgia surrounding area).

I'm looking to network with someone and work some deals together but it seems there are few within my area on BP still active. So if this reaches anyone please respond, I look forward to growing in this area with good people.

Ahh yeah,

Just Google "Best Credit cards for transfer balance"... I just did it and all kinds of options came up for you to look into.

@Chris Wange; Thank you for that Cozy reference and especially the part about their limit. Also while I was waiting for a response I was listen to a BP podcast I think it was #48 and they mentioned about using "PayNearMe", haven't looked into how well it's still going but it sounds like a good idea. 

In what forms or apps or websites do most use to accept rent in this age of new tech? Because doing it by mail seems to be more of a headache and going to collect in cash is not the safest way. So any good methods anyone?

@Brian Barcelona yes that is what I’m putting down. But please remember this.. DO NOT, I mean DO NOT, go in on that card or take out more than what is needed to pay off your debt (which is your car). You have to be discipline ok. Look, I have to be clear because if you abuse this type of credit line it will hurt you just as fast as it can help you. So please take heed... Put the card on lock mode by the app & leave it at home. Just pay it back within the year of 0% interest. If you organize your money & use it like a force, it’ll open more doors & bring more money back than you can make all by yourself. So be wise. Your young twenties, so with this you’ll have a good car (with no note) for the next 5yrs or so; you’ll be able to House Hack (if you want), then do it again, all while keeping your cash flow up. And if you keep pulling your money out (for example with the BRRR strategy like they teach here in BP), and with increasing cash flow, you serious have the opportunity to be a Millionaire on paper with a six figure yearly positive cash flow by your mid to late 30’s... Maybe a little sooner! Either way, with 20k & no debt soon, and you raise the score over 700, to me that math equation equals heavy success. It’s all on you man, so stay focus, and surround yourself with people doing what you wanna do, don’t reinvent the wheel of their success ok. Your on your way man.... Congrats!!!

@Brian Barcelona if I were you I would start buy paying off my car loan to help my DTI ratio. When I brought my first home I was making half as much as you, and my credit score went up when I pay off all my open/ended debits. I’ve learned that credit lines still open is a good look, not so much with loans, they weigh down my score. (Side Note: if you really want to jump your credit score in a few months (because it takes time for the reporting to update), and if your disciplined with your spending try this; 1st) I went and did the math to see what my positive cash flow each month off my active income (let’s say you’ve got $500 left over after you go through your monthly spending avg. which is all you kick out vs what you bring in) 2nd) Go get a credit card with 0% interest for 12mths with NO higher than 5% transfer fee.( their are some with low as a 0% transfer and I had got that one on my 2nd round cause my credit wouldn’t let me at first) 3rd) do a transfer balance after 24- 48hrs of opening the card (Nope you don’t need wait to actually get the card just call in and tell them over the phone to send a Blanche transfer check to your bank account in the amount of your car Balance; because you’ve only got a 30day window of transfer with 0% interest for the 12mths) 4th) PAY YOUR CAR OFF IN FULL, and take your old car note (let’s says it $450mth) plus your $500 positive cash each month and add all $950 each month to pay against the balance on the card 5th) in 45days start checking your CreditKarma app (its free) and don’t worry about the 5% if it’s larger than your car loan % because once you’ve paid your car off your score will go up and in a couple months of $950 your car will be paid OFF not in 2more years or so... Thus saving you probably more than $2,000 in interest on the car loan (so you get to keep $$) and time in payments. Your saving money on interest (keeping it in your pocket thus making your pocket bigger! Lol... get it )& raising your score all in a couple months. Now once the credit card is 60% paid off which won’t take long you’ll see your score jump again! The more you pay off your score climbs, once paid off look how far you’ve jumped. Prob like mines did! I went up over 55pts in what 4 or 5 mths (of course I kept paying until it was paid off under the 12mths).. I’ve save 13yrs of payments and over 19k in Just interest alone using discipline and strategy financially like this.)) And now I’d GO get the house hack strategy! Get a duplex or four, and get the FHA. You’ll still have your 20k but now with more for monthly cash flow! No debt! Higher credit! Make the local small banks fight to give you a loan! You can rent out the other side, practically paying no mortgage & have your positive cash flow. Then within 1 to 2 years move out by buying another place rent your old place out you lived in and continue to increase your positive cash flow. Remember, cash flow is king!! Just my 2cents... Either way, congrats on saving 20k and having a mindset to prosper. Wish you the best.