All Forum Posts by: Johnny Lynum

The Millionaire Coffee Hour is your chance to hang out with like-minded people who are all about building wealth, sharing ideas, and staying on top of the latest market moves.

Hey Lilian! I'm from Leesburg and have apartments in Montgomery. I'd love to connect!

Hey Sylla!

Welcome to BP! I'm from Leesburg, VA. The local market has a lot of opportunities, especially if you're looking into multifamily or creative financing. Feel free to reach out anytime!

Looking forward to connecting! 😊

Hey Carmenta! Welcome to BP! I’m from Leesburg! Wholesaling is a great way to get your feet wet and build connections. Looking forward to connecting and making things happen! 💥🚀

Hey Ferdyx! Welcome to BP! I'm from Leesburg, and I'd be happy to connect. There's so much opportunity in this market. Feel free to reach out if you ever want to chat or bounce ideas around. Best of luck on your journey!

Quote from @Billy Smith:

Quote from @Johnny Lynum:

Quote from @Billy Smith:

I like SFH in the A-B area rent it you do the upkeep doing as much as possible your self to help max your rent out .I like to pay down the note as fast as possible .

If in a C-D area I would flip the SFH wash your hands of it.

SFH are generally easier to unload if you get in a cash crunch, I like staying in the first time home buyers level of a SFH keeping it in a hot zone .

If I were a BIG fish I would do deals at various level's of course after  doing the home work .

Ah!!! Solid strategy! Focusing on A-B areas and taking a hands-on approach definitely helps with maximizing cash flow and equity. Paying down the note quickly is a power move too—love that disciplined mindset! 💪

Flipping in C-D areas is smart for avoiding long-term headaches, especially when it's not worth the upkeep. First-time homebuyer-level SFHs are such a sweet spot for liquidity and demand, especially when the market gets tight.

Quick question—when you're doing the homework for a potential deal, what's your go-to checklist for deciding if it’s a flip or a hold? Would love to hear your process! Thank you! 

My logic behind a area to hold is basically is in my zone of knowledge that means close in and in a  A-B area .BIG fish can have the whole USA in their  zone .
Outside of my zone I am thinking flip it there are exceptions like all rules .

That’s a solid strategy—sticking to areas you're familiar with definitely gives you an edge. I totally agree, big investors can go nationwide, but knowing the ins and outs of your local market makes all the difference. Flipping outside your zone can be profitable too, just gotta make sure the numbers work. In my case, I’ve had success by focusing on areas with strong rental demand and potential for appreciation, like in VA and AL. What’s your current focus area?

You're welcome! I totally get it – sometimes it's just about being there for people when they’re ready to listen. As real estate investors, we know how valuable it is to offer help when we can. Let’s keep pushing forward. 💪🏡 Keep doing your thing, brother!

Wow, that’s a tough spot, and it really sounds like you tried your best to meet them halfway. It’s frustrating when people push things to the edge and end up worse off for it. On the bright side, you kept your integrity and made a genuine effort—something they sadly missed out on appreciating.

That’s awesome, Jim—congrats! It’s definitely never too late to start, and learning by doing is often the best approach. One small tip: keep your communication channels clear and open with your property manager. Knowing exactly what’s happening with the duplex—rents, repairs, tenant feedback—can help you catch issues early and save time, stress, and money in the long run. Every property will bring its own lessons, so just be ready to roll with the punches and use what you learn to make your next investment even better. And don’t hesitate to tap into local investor groups or meetups; you’ll pick up tons of wisdom from folks who’ve been in your shoes. It’s a learning curve, but you’ve got this!

Quote from @Shawn Tuma:

Thank you for all the helpful insight!! @Jonathan Greene, @Johnny Lynum, @Wale Lawal, @Eric Bilderback

 Pleasure!