All Forum Posts by: James Vermillion

I see what happened here! I believe Chris is looking to sell some stocks he has invested in and use the proceeds of the sale to purchase real estate (as an alternative to investing in the stock market).

Nothing wrong with that Chris, and I agree with Jon, I believe you just need to sell the securities (which will lead to long term capital gains taxes to be paid).

Welcome to BP Junior? Please tell us a little about your real estate experience and goals. What area of real estate investing are you looking to get into (wholesaling, rehab, buy and hold, etc)?

Also, don't forget to add a profile picture.

Such sad and terrible news. I got to know Ryan a little bit at the Summit last year and he is a really cool and intelligent guy. My condolences to his family and friends.

What condition are the floors in? Why are you so opposed to spending some money to refurbish the floors?

This argument is like many others, two sides, each with pros and cons, yet some people are determined to say one is absolutely better...one is not. You will find highly successful people who have taken on boatloads of debt, and you will find successful people who have zero debt, it is not debt alone that will define success.

There are people who have survived real estate just as long as Tom who have debt...there is no definitive answer here. I tend to think the best method is somewhere in the middle (using debt as a tool but being very aware and careful in how I use it), but I understand other people will see things differently.

Welcome to BP Alicia. You will find a lot of information here that can answer your questions and get you on the right path. The forums, blogs and podcasts are all very helpful and the membership here is willing to help others, so make sure you ask questions if you cannot find what you are looking for.

The questions you pose are very broad...use the search feature at the top right to find existing articles and forum discussions about those topics. Also, once you spend some time on the site, you will see which members are experts in certain areas.

Again, welcome and good luck!

Welcome to BP Bryan. I am sure after the crash you have come back with some experiences that will help you in the future. It is always good to see experienced members coming on to BP, I am sure you will have a to to add in a lot of conversations.

Don't forget to add a profile picture. Let us know how we can help!

What? Next you are going to tell me Homefinder Reality Shows are Fake!

Welcome to BP Sean. There is sound advice all over this site. A good starting point is the Ultimate Beginner's Guide. It gives a great overview of REI and can help give you some direction.

Stay active and let us know how we can help!

Welcome to BP Brady! I agree, the podcasts are awesome. If you haven't already be sure you check out the Ultimate Beginner's Guide, it provides a great overview of real estate investing and the options you have.

After that, take some time to browse the forums and blogs, there is a ton of information at your disposal.

Good luck and let us know how we can help!