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All Forum Posts by: Robin Boyer

Robin Boyer has started 8 posts and replied 743 times.

Post: New here! Looking to start investing in real estate.

Robin BoyerPosted
  • Surveyor
  • Hemet, CA
  • Posts 797
  • Votes 112

Welcome to bigger pockets!

Post: Cashflow Doesn't Build Wealth?

Robin BoyerPosted
  • Surveyor
  • Hemet, CA
  • Posts 797
  • Votes 112
Originally posted by @Jesse B.:

It really depends on your goal.  If your goal is to be financially independent it takes cash flow.  What difference does your net worth make?  I live in wyoming where there are plenty of large ranch owners with multi million dollar ranches generating little cash.  It's called land rich, cash poor.  Does nothing for me, but to each his own.

  Wonder what Aaron would think of this statement.  I am trying to learn how to invest 500k for the very first time and cash flow and appreciation sound very nice. So do you split and invest the first time your money in California take your money from those finished projects and go back east Arizona? Trying to figure it out hoping to meet Aaron sometime and go over what he thinks. Obviously he made a lot of money investing in California like so many others have but sure that took time to make that kinda money!

Post: Rentals v Land contracts

Robin BoyerPosted
  • Surveyor
  • Hemet, CA
  • Posts 797
  • Votes 112

@Alexander B. can't wait to make our first purchase I am finding foreclosures in my town for 100k still!  They can't rent from 1k to 1500 a month depending on size.

Post: Cashflow Doesn't Build Wealth?

Robin BoyerPosted
  • Surveyor
  • Hemet, CA
  • Posts 797
  • Votes 112

@Christopher Blanco thanks that makes sense.  We are about to invest about 400k to 500k in our local market i had a few questions do you have a contact email on your page.

hello I'm a completely new investor I am building a landlording business and I would love to see it go this well! I am guessing it's going to take a few years but I am 27 and have a lot of will!

Post: Zillow "Pre-foreclosure" status

Robin BoyerPosted
  • Surveyor
  • Hemet, CA
  • Posts 797
  • Votes 112
Originally posted by @Cody L.:

I actually tried to buy in cash one time. Title company wouldn't do it. Stupid AML laws and big government IRS BS.

I also closed a bank account and said I want to cash it out. They asked me where I wanted it wired. I said "no. Cash". They said they'd do a cashiers check. I said "no. Cash". I had to wait 3 days and go in before they opened.

Government loves the idea of cash going away.

 I would never walk around or get into my car with that kinda money that's crazy man! I have never had that much more bet 10k and I was scared with it in my pocket up north when I went bought my new to me truck.

Post: buying a foreclosure. What inspection's should i get done?

Robin BoyerPosted
  • Surveyor
  • Hemet, CA
  • Posts 797
  • Votes 112

@Ronald Bourgeois nice post! When you are working with contractors or Painter's handyman's anybody working for you do you want to offer 50% payment first do you want to offer them to pay at the end of the job how do we offer our workers pay? Thank you a ton for any help as I am working on getting our first foreclosure to. 

Post: question about buying a foreclosure

Robin BoyerPosted
  • Surveyor
  • Hemet, CA
  • Posts 797
  • Votes 112

@Joseph Billow Welcome to bigger pockets! I'm looking at foreclosures right now as well myself and we are thinking about the first one.  I have been calling home inspectors thinking about things I will need to make the transaction smooth. Definitely want to make sure she's ready to go! Following this thread for more information. Thanks bigger pockets.

Post: Newbie from Southern California

Robin BoyerPosted
  • Surveyor
  • Hemet, CA
  • Posts 797
  • Votes 112

Seems to be working fine now. Update on what's going on I'm going back to Corona next week probably to get estimates for carpet paint repairs inside to find out if we are doing a rehab or not. Either soon I want to start cleaning and doing some of the yard work on the place. Been seeing a lot of foreclosures for about 100,000 in hemet believe it or not!

Post: Newbie to real estate investing

Robin BoyerPosted
  • Surveyor
  • Hemet, CA
  • Posts 797
  • Votes 112

Welcome to bigger pockets! @Dave Friedman also new to investing and looking to do some buy and hold in California to get our feet wet on our own property.