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All Forum Posts by: Steve Kordish

Steve Kordish has started 13 posts and replied 84 times.

Post: Hi - we're here in Pinellas County, Florida

Steve KordishPosted
  • Flipper
  • Holiday, Florida (FL)
  • Posts 93
  • Votes 24
Originally posted by @Rhona Wahl:

Hi - we're Tim and Rhona with The DUOL Team and glad to be a part of BiggerPockets.  We have wholesaled properties in Pinellas County as well as Pasco & Miami with some partners.  Presently, we are looking for some properties to rehab & flip in North Pinellas County.  In the near future, we will be buying & selling notes.  And also dabbling in buying some Tax Liens.  We hope to get to know some of you and look forward to meeting you on the blog or forum or even in person.  Best Success To All !

 Rhonda, welcome to BP and much success!

Post: Pinellas County, Fl.

Steve KordishPosted
  • Flipper
  • Holiday, Florida (FL)
  • Posts 93
  • Votes 24
Originally posted by @Kolby Crider:

Hi Steve,

I am from Pinellas, currently located in NYC. I am new to REI. I would like to get started in a area I know! Primarily interested in buy/hold rentals.

 Kolby, I've only got a couple rehabs under my belt here so not sure what I can do to help. I'm learning the area/processes and I'm looking for someone with more experience than me to sit down with. Any questions you have, I'll do my best to help. Or, someone else will probably offer to help too.

Post: Pinellas County, Fl.

Steve KordishPosted
  • Flipper
  • Holiday, Florida (FL)
  • Posts 93
  • Votes 24

Hey Colin, small world. I lived in Pozuelo from 2000-2005. Great community. Loved Madrid!

Post: The New Guy

Steve KordishPosted
  • Flipper
  • Holiday, Florida (FL)
  • Posts 93
  • Votes 24

Welcome Henry,
This an amazing site for acquiring knowledge and motivation!

Post: Credit Score 510, any good?

Steve KordishPosted
  • Flipper
  • Holiday, Florida (FL)
  • Posts 93
  • Votes 24

Maybe better situation than me, I have 740+ score, $200K+ cash but quit my job 10 months ago. ;{

Post: How does the price of a home increase after being flipped?

Steve KordishPosted
  • Flipper
  • Holiday, Florida (FL)
  • Posts 93
  • Votes 24

Ill take a stab at it... Bob buys a new laptop from Best Buy for $1000  for school, ( a fair price) He gets home and uses it for a week but decides he's not cut out for school) , Bob decides he doesn't need the laptop any more. He put it on Craig's List for $500 'cause he really needs quick money to get his X-box out of the pawn shop in order to pay for his new rims for his Hoopdie Mobile. Along comes Bill , who sees the laptop on CL (that's only one week old) for sale at half price. What a deal for Bill, right? Bill buys it for $500. (actually negotiates it down to $400) and re-formats it back to factory state. Bill finds he has a friend who needs a laptop for school and is heading to Best Buy to buy one for $1000. Bill says "hold on dude, I got one for $700,  interested?".  Bills friend says "yes!" Bill sells it to his friend for $700.... 
Bill made $300 and Bill's friend saved $300 and all are happy.  Flipping!

Post: What is your one liner to stay on track with REI?

Steve KordishPosted
  • Flipper
  • Holiday, Florida (FL)
  • Posts 93
  • Votes 24

S*&% happens!    Also, "some will some wont who cares, move on..."

Post: CFP certificate - yea or nay?

Steve KordishPosted
  • Flipper
  • Holiday, Florida (FL)
  • Posts 93
  • Votes 24
Originally posted by @Adam Anderson:

Hi Mark,

I'm a CFP and can tell you it has almost nothing to do with real-estate investing.  A CFP is to financial planning as a CPA is to accounting.  Additionally, you will need to work in the financial services field for 3 years before you can use the designation.  I think the real estate license would be a better use of time for a real estate investor.

Adam

 What he said !

Post: Moving Forward With Cash

Steve KordishPosted
  • Flipper
  • Holiday, Florida (FL)
  • Posts 93
  • Votes 24

James, you asked why I left the financial services business. After 21+ years it was just time for a change (mid-life crisis? :) ). I've always loved working with my hands -  my dad was an engineer and some of our "funnest" times together were building stuff. 

Post: Pinellas County, Fl.

Steve KordishPosted
  • Flipper
  • Holiday, Florida (FL)
  • Posts 93
  • Votes 24
Originally posted by @Robert Curls:

Hi Steve,

Pickings are slim in Pinellas, at least for good deals in my eyes.  Its funny, the CA investors are looking to Tampa because they can't get returns they want, now I'm looking to other markets because I can't get the returns here :)

 Robert, Yep, I fully agree.