All Forum Posts by: Ken Nyczaj

@Ozzy Sirimsi @JACOB TURNER @Karl Schnitzer bank financing at short term of 12 months, 6.25% interest only with a 25 year term @Antonio NA thanks @Felipe Carvalho @Peter Padalino good luck!, it's all about persistence and the right mind set.

@Courtney M. Appreciate it!

@Account Closed

I cannot say the success came from any one resource in particular, but from the collection of knowledge I have become obsessed with since the beginning of 2018- it is a mixture of podcasts, books, forums, blogs- with podcasts and forums being the base for my knowledge. If you're not already, become obsessed with RE investing, if you're not obsessed then it may not be your path.

It cannot be underestimated that I had the right team in place. So much at BP emphasizes building a team around you- on my team the main contributors were a GC and a partner with good credit and bookkeeping/ tax skills. I am our acquisitions manager. Find partners who make-up where you lack at, If you're looking for a GC, go to the gym, a lot of them hit the gym first thing in the morning at 5 am- the other LLC I'm a part of has me and one other gentlemen who is one of the top GC's in my area. We haven't closed on a deal yet, but when we do, I know it will be successful due to his knowledge.

Books will get your mind set to be consistently thinking about investing, bettering yourself, having the right mindset. Here are some books I'd recommend to read in order:

1) miracle morning (it got my mindset to be unstoppabley positive, and I wake up at 2:45am most morning and dominate my days, I do go to bed at 9pm though which is great, for me nothing productive happens after 9pm)

2) Cashflow quadrant then rich dad poor dad (it will get you in the investor mindset)

3) Millionaire real estate investor (helped me figure out why I want to get into real estate)

4) Jay Scott book on flipping or Brandon Turner's book on rental properties (find what you're niche is)

5) Think and Grow Rich (everything in that book just made sense to me. Thought, Desire, Faith, Imagination- it is where everything we know made by man/ woman comes from) (it's a tough read but BELIEVE in the process)

Podcast 108, Podcast 226 Some of my favorite podcasts for motivation. Investing isn't about buying things only for yourself, it's about taking care of those around you. "Make it, earn it, build it, and then you give it away"

@DJ Dawson yea man. DM is how it all happened. @Matt Berklacy thank you, persistence is one of the most important traits in investing I've come to realize. @Darrius M. thank you! @Toby Ima @Jefferson G. @Knifie Burks Thank you all!

@Daquan Santana Welcome. Look for a way to bring value to people more experienced than you. Maybe do DM campaigns and bring great deals to an experienced wholesaler/ flipper and just offer the lead to them. Without even asking for something in return, they may take care of you. Just remember, you don't have anything until you have a deal.

@Tristan Colborg Thank you.

$70,000 on a 1200 SF Single Story Rancher

- New roof, some new plywood underneath, architectural shingle, flashings, drip edge.

- Blown insulation in attic

- New deck

- Crawlspace remediation and encapsulation- french drain, sump pump, blown insulation, vapor barrier, dehumidifier.

- Landscaping front and back beds. French drain added to back yard near deck steps to drain stagnant water.

- New HVAC, return lines, air handler, heat pump, condenser.

- Wood floors throughout house except bathrooms

- Primed/ Painted whole house, including cabinets and front door.

-All new appliances + washer/ dryer, hot water heater, 3 stage water filtration process.

- Custom Island

- Granite countertop and new sink.

- Custom trim and crown molding in kitchen and custom shiplap back splash.

- Whole house installed recessed lights- around 30

- All doors inside are new.

- Guest bath- new vanity, mirror, toilet, tile floor, cast iron tub, tile surrounding tub with niche.

- Master bath- new vanity (w/ toe kick light), mirror, toilet, tile floor, tile shower w/ custom glass insert and two shower heads with diverter and two niches.

@Shameka Williams that's right! @Brook Rieman Thank you, I'm definitely sleeping less and marketing more @Matt Honeyford Thank you for the comment.

@Lana S. The seller was a traveling road service tech for a manufacturer who was never home. After receiving our 4th letter he called and asked us to look at his property since he was thinking of moving to Philadelphia where the companies HQ is at. 

The property had not been updated, serviced or anything done since when it was built in the early 90's. For 20 years he was on the road for 80% of the year, and was just looking for a fresh start in life.

@Jarrod Gregory we called it the honey pot. @Aaron Farr I've definitely caught the bug! @Shawn Ward @Riley Billings @Shannon Beavers @Yelena Damsky @Sam Albert Thank you all.

@Christian De La Rosa @Scott Kimberly @Sunil Nahata Thank you all

@Addison Guyse @Chamika Hull @Elizabeth Roncevic thank you!

@Anthony Martukovich @Kevin Barnard thanks!