All Forum Posts by: Kyler Cook

@Eric Allgeier

Part of rock bottom is the consequences you experience for years of action/inaction. You aren’t throwing him out. His actions are. You’re just a facilitator. Think of it like a vending machine. Money in drink out. When the money doesn’t come in, the drink doesn’t come out. Is that fair? Yes.

@John Thedford

I have to agree with the guy above. How good can you possibly be as an agent if you’re so mean? Three different posts on here trying to make a kid fresh out of high school quit real estate. Like, actually stop. Get off BP if that’s your aim. Hurt actual people in real life instead of aiming all your hurt at a kid across the country. I have a feeling there are victims in your future too. Maybe not financial victims, but with the way that you swing down on kids that are trying to learn I can’t imagine you have a whole lot of healthy relationships. Get a clue.

@Josh Caldwell

I guess that makes sense if you’re not starting your investment with a rehab. Not the way I’d want to do it...

@Josh Caldwell

Just curious, why do so many investors assume cap ex comes out of cash flow? I see a lot of people say that. My cash flow is after I’ve saved 30% for future cap ex. I don’t call it cash flow unless it’s untouched capital.

@Marc Winter

Yeah, I remember the 60s too. Being a man meant being mean without consequence. I’m sorry your parents didn’t hug you enough, Baby Boomer. But while you were busy wishing you didn’t have to stuff all your feelings inside, the world changed. It’s completely okay to take it easy on newbies. Especially one outright admitting he made a mistake.

As for going out and getting stung before I can have a voice in the conversation...thank God men and women have died for me to have the freedom of speech I so willingly use to tell you that you can either be kind and change your mentality, or you can watch reruns of M.A.S.H on your deathbed with no one around because you were a “man” to the end.

Personally I prefer kindness, and helping 19yr olds that are interested in real estate.

*shrugs*

@Marc Winter

I see a lot of older investors on here talking down at this guy, like yourself and others, and just think it’s harsh and uncalled for. Every investor preaches the importance of action and getting into the game. Here we have a brother that’s trying, and you can tell by his attitude he’s humble and willing to learn. This is a group made exactly for that. Take your snide comments and bad attitude somewhere else if you’re just here to feel superior. Yes he messed up. Yes he makes other investors look bad because he messed up, but I guarantee he’s learning and won’t make the same mistake again. Some of you old timers don’t remember feeling incompetent and it shows.

@Kate J.

Weird that you would single me out and basically call me a liar without looking into my stat.

https://www.google.com/amp/s/www.cnbc.com/amp/2018/01/18/few-americans-have-enough-savings-to-cover-a-1000-emergency.html

Just do a general search next time. There’s tons of articles out there on the internets.

@Dennis M.

We are in agreement there. If a preacher is forcing giving, he doesn’t understand scripture. My old pastor used to say, “This is an opportunity to continue your worship by giving. If you don’t want to give then please don’t. We don’t want anyone’s money if it’s given out of a sense that you have to.”

That always felt like effective truth to me.

@Dennis M.

I totally agree that we aren’t under the law any more and that Jesus came to fulfill the law, but in some ways his grace wasn’t a release from behavior but a fulfillment of it. What I mean is, before Jesus God said not to commit adultery. Under Jesus, and the New Testament grace, to look at a woman with lust is on par with adultery. In the same way, God commanded 10%. Yes at the time that was God’s tax on Israel to concede to the nation, but in the New Testament Jesus comes to fulfill giving as not just a 10% of what you have, but to give from the heart. He says the pharisees did what was right in giving their tithe but they failed to do the more important matters of the law, which were to love others. So Jesus does affirm tithing, and even goes so far as to say if you have two coats you should give the other. I don’t think Jesus’ grace means we arent subject to giving, I think it means that we aren’t just to give, but to give from a worshipful heart. In other words, New Testament Christians gave of all they had in order that those with need would be taken care of. I completely agree with what you’ve said though, if you’re giving because someone told you to you need to stop immediately. But for those in Christ, that won’t be the issue.

@Patrick Crehan

20% of Americans don’t save a single dollar a year

Over 40% of Americans have less than 10k saves for retirement

56% of millennials have no retirement saved, not a dollar

Two thirds of Americans couldn’t cover a 1k emergency without using debt

50% of Americans save less than 5% of their DISPOSABLE income.

Here’s your confidence booster. You aren’t normal. You’ve done what a majority of people never will already. Play slow and steady and your great grandkids will feel the effects of your life. Don’t try to do everything, just one thing at a time.