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All Forum Posts by: Joe Buchmann

Joe Buchmann has started 3 posts and replied 10 times.

Post: Anyone experienced with Lee Arnold's system

Joe BuchmannPosted
  • Coeur d'Alene, ID
  • Posts 10
  • Votes 4
Quote from @Sonseeahray Harvin:

General suggestion: Google people before you trust their replies to things :-)


 Oh boy! Just did that. Good call!

Post: Anyone experienced with Lee Arnold's system

Joe BuchmannPosted
  • Coeur d'Alene, ID
  • Posts 10
  • Votes 4
Quote from @Nate Marshall:
Quote from @Joe Buchmann:

@Nate Marshall - That's fantastic, Nate! I wish there were more stories like yours out there. I've been seeing far too many people with bad experiences and not enough with positive ones, unfortunately. 


 You are obviously a liar. Love to meet up boi

Ok, that's a weird response. Definitely not what I would expect from someone who is a professional. I just did some research and responded to you with my thoughts. I'm glad you were successful. Lots of other people had bad experiences. 

You're immature reply works against your message of trying to promote the program. You now don't seem like the type of person most of us would accept a recommendation from. I had still kind of been contemplating further research on this program, but you talked me out of it. Thanks man. Have a great day!

Post: Anyone experienced with Lee Arnold's system

Joe BuchmannPosted
  • Coeur d'Alene, ID
  • Posts 10
  • Votes 4

@Nate Marshall - That's fantastic, Nate! I wish there were more stories like yours out there. I've been seeing far too many people with bad experiences and not enough with positive ones, unfortunately. 

Post: Anyone experienced with Lee Arnold's system

Joe BuchmannPosted
  • Coeur d'Alene, ID
  • Posts 10
  • Votes 4

Thank you for posting that very detailed experience. I had a recommendation for this program after a bad experience we had flipping our last three properties. In the past year we've been through the ringer financially due to bad contractors, deal promises, and generally just being new to the game. We've learned a ton, but at a significant cost. Definitely not willing to put money into something like this and potentially worsen our situation.  

Post: Boise, ID Lender Recommendations

Joe BuchmannPosted
  • Coeur d'Alene, ID
  • Posts 10
  • Votes 4

Thank you, Lee. I will check them out. 

Post: Boise, ID Lender Recommendations

Joe BuchmannPosted
  • Coeur d'Alene, ID
  • Posts 10
  • Votes 4

Looking for some lender recommendations to purchase investment properties in Boise. Also, I'm wondering if there is a benefit to using lenders local to the area, or would it be better to meet with vendors in my town? I'm not sure how getting loans for out-of-state investments is handled. 

Post: Multi-family of Single Family in Boise or Spokane?

Joe BuchmannPosted
  • Coeur d'Alene, ID
  • Posts 10
  • Votes 4

Originally I was considering starting with a few single family purchases. I'm wondering now if I might be better off doing a multi-family deal first. I know the cashflow can be a bit less overall, and tenant problems a bit more, but it means only one loan. I would like to get out of my current job, and am thinking that I could secure the loan for a four-plex, or maybe two duplex deals, then quit. 

Also considering finding a real-estate position that could teach me more about the industry, and provide income for future loans, until the rental income can be considered. 

Could this idea work, or am I better off sticking it out at my current job until I have a few homes secured? I'm not even sure if multi units are good in Boise, ID or Spokane, WA at the moment. I've heard mixed info from realtors. Any insight or opinions are much appreciated.

Post: Beginning the Investment Journey

Joe BuchmannPosted
  • Coeur d'Alene, ID
  • Posts 10
  • Votes 4

It looks like this site uses 'votes' in the same vein as Facebook 'likes'. Please let me know if that's how everyone else is doing it. I originally thought it was meant to vote up posts that had important or valuable information. 

Post: Beginning the Investment Journey

Joe BuchmannPosted
  • Coeur d'Alene, ID
  • Posts 10
  • Votes 4

Wow! Thank you, everyone, for such a warm welcome! Shows me that this is indeed a good community. I will have a lot of questions throughout the beginning of our journey. It's great to know there are people willing to help us along!

Post: Beginning the Investment Journey

Joe BuchmannPosted
  • Coeur d'Alene, ID
  • Posts 10
  • Votes 4

Hello Everyone! My wife and I are just beginning our real estate investing journey. I've spent the past several months getting educated on various aspects of investment, and financial intelligence. Currently, I'm involved in the Rich Dad coaching program to further my education. I've mostly read Rich Dad associated books, but am reading Brandon Turner's Book on Rental Property Investing at the moment. 

Personally, my goal is to obtain financial independence. Allowing my wife and I to spend more time with our four children, and enjoy life in a way that we can't by working in the rat race. We want to be able to live comfortably, without the stresses of a job and retirement afterwards. 

We have made the decision to sell our current home, and use the gains to pay off all 'bad debt' and invest in multiple rental properties. We're looking to invest in the Boise, Idaho area, and potentially Spokane, Washington area. This is for two reasons. I am originally from Spokane, and most of my family and friends are still there. Boise is significantly closer to home than our current residence in California. The market there seems to be prime for investment, based on the research I've done on the northwestern area of the U.S. We're looking at Spokane mainly because I'm familiar with the city and it's surrounding areas. Eventually, we will move up that direction for our permanent residence. 

This site seems to be a great community and resource for all thing real estate. I look forward to meeting and corresponding with people on here. That's a long introduction, but I appreciate anyone taking the time to read it :)