All Forum Posts by: John Horner

I didn't read anything that @Justin Williams posted that was plugging his webinar or coaching. So what if he has the info at the very end of his profile.

I like the post, plug or not, keep it up man!

Find a young eager RE agent who wants clients and has time on their hands and have them submit all the low-ball offers. If you're only going to use the MLS anyway you may as well have your own agent submitting offers.

Why don't you just make offers without seeing the property. The odds of them accepting your first offer are slim and none, so you wouldn't be wasting peoples times by putting properties in contract without buying. If they counter with something you think you could work with, go see the place.

I think the basic accounting, finance, economics, etc courses can help everyone, but especially small business owners.

Actually 6 years ago when I graduated there were no Entrepreneurship or real estate courses at my school. I was a business major (Supply Chain), so I did take all the finance, accounting and small business courses.

I agree with Walt.

I'm curious, what do you expect the appreciation rates to be year over year in this area?

You could sent them contract with your name but not signature. And say upon them filling it out correctly and signing you will sign and email them copy.

This is reasonable because if they make any changes and write anything in you are not bound to those changes until you finally sign.

We have sellers hand write stuff in all the time, and no one would know when it was done if you're signature is already on it.

You should be in contact with a HML before you find a deal. Just like a conventional loan they can pre-approve you so to speak, then when the deal comes in they will analyze that. Most HML's have their own forms to fill out and requested documents. You will need to follow their format for submission.

You're a pretty darn smart kid for asking this question this early!

I was reading real estate books when I was your age but took another 8 years to really start investing.

College is a great experience and I wouldn't take it back for anything, but was the education worth it? Not really. Most professors are too busy teaching to get out and learn what's actually going on in their given field. They may read about new strategies, etc, but their not out their actually doing them.

If you do decide to go to college, try to take as many small business, entrepreneurial and real estate investing classes as possible.

@Shaun Reilly , I agree exactly.

The truth is that know one KNOWS what the market will do. Everyone can speculate, some with be right and some will be wrong, but nothing is guaranteed. 2009 was a great example that the 95% of the speculators KNEW wrong.

I'd rather take my cash flow with a side of appreciation rather then making it the main course!

I just plain disagree. I will choose guaranteed cash flow over potential appreciation every time.