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All Forum Posts by: Johnny Kang

Johnny Kang has started 8 posts and replied 266 times.

Post: Flip Concept - Is This Crazy?

Johnny KangPosted
  • Investor
  • New York, NY
  • Posts 279
  • Votes 224

@Tyler Kosnik

I agree with @Matt Moldenhauer. If you want to find a way to give these people a second chance, go become successful, and hire them to work for you in other capacity (marketing manager, acquisitions manager, admin, etc). 

Post: What would be your expected salary for this job?

Johnny KangPosted
  • Investor
  • New York, NY
  • Posts 279
  • Votes 224

@David M.

To me, this is all just basic admin/work-processing duties, so you can pay what the average person makes in LA for an admin job. If you want to add some type of a bonus structure on the acquisition side (or disposition when you sell down the road) you can consider doing that as well. 

Post: Agent or Investor?

Johnny KangPosted
  • Investor
  • New York, NY
  • Posts 279
  • Votes 224

@Cody Harris

To me, the question of someone contemplating whether to be an agent or investor, comes down to a person's need to get clarity on which side of the Cashflow Quadrant they'd like to operate from. And being that this is a topic that's often discussed, I think a lot of people equate being in the same industry they want to work in (in this case real estate, but you can just about apply this to any industry) to mean that they'll end up in the quadrant they envision for themselves down the road. 

You can be in the same industry, but operate from a completely different quadrant, which means you see the world through a completely different perspective. i.e. A person might have a passion for helping people with their health and decide being a doctor working for a hospital as a W-2 employee is the way to go (the "E" quadrant), maybe because they know someone personally who's a W-2 employee doctor, versus another person who has the same passion for helping people with their health might decide the best way to help the most people is to open up a bunch of hospitals and run them as a business (the "B" quadrant). 

So in my opinion, the question we can all ask ourselves shouldn't be "at this juncture in life, how should I proceed to get experience in the real estate field?," but rather which side of the quadrant do I want to ultimately operate from? Do you want to be in real estate seeing things through the lens of a real estate sales person, or do you want to be in real estate seeing things through the lens of an investor? As Robert Kiyosaki talks about, the world is completely different from all those quadrants. 

Post: Gosh D&$* Envelopes...

Johnny KangPosted
  • Investor
  • New York, NY
  • Posts 279
  • Votes 224

@Joshua Martin

Yeah, saw your DM diary post, and congrats on getting an accepted offer; bet you're stoked!! 

Post: What have been your game changers?

Johnny KangPosted
  • Investor
  • New York, NY
  • Posts 279
  • Votes 224

@Elizabeth Colegrove

Could you share what you put in your lease? I'd like to see what I'm missing or need to add/edit. Thank you. 

Post: Gosh D&$* Envelopes...

Johnny KangPosted
  • Investor
  • New York, NY
  • Posts 279
  • Votes 224

Hey @Joshua Martin, since you already have that printer, I won't bother posting how the envelope looks. Any update on your DM diary?

Post: Accountability partners

Johnny KangPosted
  • Investor
  • New York, NY
  • Posts 279
  • Votes 224

@Anthony Ellison

Any update on when you're thinking about starting this? Thanks

Post: Gosh D&$* Envelopes...

Johnny KangPosted
  • Investor
  • New York, NY
  • Posts 279
  • Votes 224

@Joshua Martin

As Lloyd mentioned, you can download handwritten fonts; I went to dafont and tested out a few to see which one I liked. [tip: not all fonts which are available for download have special symbols such as: (#.'-)] So when you start typing addresses which may need those characters, you'll find it'll revert back to the font you were using in Word. So you have to download fonts that have those characters, or use fonts available in Word that closely matches the font you downloaded and use it just for those characters when needed.

Printing letters using the laser printer I had worked fine, but did a horrible job on printing envelopes, so I bought this HP LaserJet Pro M402n and you if you're using the standard A2 invitation size envelopes, it'll print 15 envelopes at a time in the feeder. I can print 100 envelopes in about 15 minutes. (I'll post how the envelope looks with the downloaded font tomorrow). (Another tip: in Word, if you're having trouble aligning the addresses on the envelop when you print, you have to use "Japanese Post Card" under "Page Layout" & "Size" and change it to Landscape so the area you're typing in is congruent with A2 envelope size.

If you decide to get that HP printer I mentioned, you can order a 9,000 page yield toner at inkcartridges. They sell compatible toner cartridges for all major printers. I've been ordering from them before I got into real estate and never had any issues with their toners.  

Post: Accountability partners

Johnny KangPosted
  • Investor
  • New York, NY
  • Posts 279
  • Votes 224

@Anthony Ellison

Great, thanks!

Post: Accountability partners

Johnny KangPosted
  • Investor
  • New York, NY
  • Posts 279
  • Votes 224

@Anthony Ellison

I'm in NY, but I'd like to somehow be a part of this; even it's online/phone. Let me know. Thanks.