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All Forum Posts by: Linval T.

Linval T. has started 2 posts and replied 1292 times.

Post: Are you a Landlord or an Investor?

Linval T.Posted
  • Investor
  • Bay Shore, NY
  • Posts 1,350
  • Votes 688

@Rob Beland

Great post with lots of meat on the bone to chew on, while contemplating which side of the fence fits the reader.

In your case, clearly you are a landlord 1st and investor second and that is solidified by your occupation announcement on BP as well.

Yes, the fact of the matter is that there are individuals who are really REI focused and are hiding behind the cloak of a landlord to sustain their income stream, while not servicing the tenants who are the lifeline of their business.

Some are called slumlords and rightly so.

My take is that you can wear both hats equally as a REI and landlord, but, landlording is more labor intensive as you know, than being a pseudo REI centric person or to put it another way, a money grabber who has no empathy for the source of funds generator......the tenant!

Post: Searching for advice in Jacksonville, FL.

Linval T.Posted
  • Investor
  • Bay Shore, NY
  • Posts 1,350
  • Votes 688

@Christopher Merrow

Welcome to the BP community. Ok, now that you have taken your initial step, below are some quick links to get engaged.

REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.

http://www.realestate.com/advice/buying-your-first-investment-property/

Post: A financial fitness test for parents

Linval T.Posted
  • Investor
  • Bay Shore, NY
  • Posts 1,350
  • Votes 688

@Kimberly T.

 @Jon Kepler

I am in agreement with both of your reasonings. The author's selections are not far off though and can be used as a yardstick for basic measurement of financial prowess.

Thanks for your feedback and time spent with the quiz.

Post: New Wholesaler In Atlanta, GA!

Linval T.Posted
  • Investor
  • Bay Shore, NY
  • Posts 1,350
  • Votes 688

@Iman Moorman

Welcome to the vibrant BP community. Your time here will be well spent.

Now that you have made the move, below are some links that will help you navigate the site. However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

Before your 1st purchase, please ensure you visit the below link for some tips.

http://www.realestate.com/advice/buying-your-first-investment-property/

eBook

Blog

Lastly, don't forget the podcasts, webinars, #askbp podcast and the blogs.

@Joey Hansell - Welcome to REI investing. You have taken the first steps of a long and rewarding journey. Along the way you will encounter naysayers, some who think of REI as degrading to their culture and of course those that are grudgeful of your accomplishments.

Oddly enough some of these negative vibes will emanate from your family, friends and haters.

You have pointed your REI compass in the true north direction and frankly should ignore those that are negative about your goals and accomplishments.

One day soon when you have accumulated lots of properties as a result of your determination, focus and long term view of wealth accumulation, they will begin to change their mindset.....hopefully.

We here at the BP community wish you well and look forward to helping you stay the course and exchange ideas to build up your confidence to be the most successful member of your family as a REI.

Now, I know you are not only incensed, but, motivated to prove them wrong and that you  are not the slum lord they envision.

Good luck and continue to keep us in the loop regarding your success.

@April Crossley

Welcome to the BP community. 

Your experience and interactions will provide the exchange of good ideas and stories to tell. 

We look forward to hearing from you.

Post: A financial fitness test for parents

Linval T.Posted
  • Investor
  • Bay Shore, NY
  • Posts 1,350
  • Votes 688

Hello BP, this past weekend I was in Toronto, Canada and read the The Globe and Mail paper. There is an interesting 10 questions quiz that I thought of sharing with you.

So, if you have a few minutes, I challenge you to test your financial fitness as a current or future parent at the link below.

http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/financial-fitness-quiz/article24937089/

Post: New Member from Columbus, OH

Linval T.Posted
  • Investor
  • Bay Shore, NY
  • Posts 1,350
  • Votes 688

@LaTonga Smith

Welcome to the vibrant BP community. Your time here will be well spent.

Now that you have made the move, below are some links that will help you navigate the site. However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

Before your 1st purchase, please ensure you visit the below link for some tips.

http://www.realestate.com/advice/buying-your-first-investment-property/

eBook

Blog

Lastly, don't forget the podcasts, webinars, #askbp podcast and the blogs.

Post: Hello from Houston Tx

Linval T.Posted
  • Investor
  • Bay Shore, NY
  • Posts 1,350
  • Votes 688

Welcome to the vibrant BP community. Your time here will be well spent.

Now that you have made the move, below are some links that will help you navigate the site. However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

Before your 1st purchase, please ensure you visit the below link for some tips.

http://www.realestate.com/advice/buying-your-first-investment-property/

eBook

Blog

Lastly, don't forget the podcasts, webinars, #askbp podcast and the blogs.

Post: Electrical Engineer Starting Out Real Estate Investment

Linval T.Posted
  • Investor
  • Bay Shore, NY
  • Posts 1,350
  • Votes 688

@Isaac A.

Welcome to BiggerPockets, a place to interact with a vibrant REI group, learn the real estate business and language at near zero cost. It doesn't matter if you are young or old, totally new or need to build upon your experience.

Yes, you have just announced a commitment to the thousands in this community about

your seriousness regarding REI and have taken this bold step to affirm it.

Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.

You are here at the Forum, but, should raise your mouse to the top and explore the other

headings displayed.

Don't get overwhelmed by the massive amount of data archived on this site.

Simply, bone up on the areas that you need to expand knowledge in such as, Forums,

Marketplace, Learn, Network, Analyze, Resources.

Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of book

recommendations.

Also, you can review the quick links below to help solidify your grip on this site.

After becoming more knowledgeable and confident because of my above suggestions,

take action to snag your first real estate investment deal if new or add to your

existing holdings if you have prior experience.

Don't get caught up in analysis paralysis.

You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.

Take calculated risks if needed and you shall be rewarded!

"Each step you take reveals a new horizon. You have taken the first step today. Now, I challenge you to take another." - Dan Poynter

Lastly, don't forget that we are here to help and likewise learn from your contributions. Good luck and happy investing, again, welcome aboard!