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All Forum Posts by: Zack Ellard

Zack Ellard has started 11 posts and replied 34 times.

Post: Tulsa Investor Meetup

Zack EllardPosted
  • Claremore, OK
  • Posts 35
  • Votes 7

I didn't find out until just now. Keep me informed on any future events and I would love to come. 

Post: Lending tree to hold save up down payment?

Zack EllardPosted
  • Claremore, OK
  • Posts 35
  • Votes 7
Is it a good idea to save up your down money in a lending tree account to try to earn a little interest while you save up? If not, where do you guys keep your down payment as you save up?

Post: Turnkey for first investment property?

Zack EllardPosted
  • Claremore, OK
  • Posts 35
  • Votes 7
What are the pros and cons of buying a turnkey property as my first investment property?

Post: Have $40k and ready to start investing

Zack EllardPosted
  • Claremore, OK
  • Posts 35
  • Votes 7
Steven Loveless yes I actually would prefer to keep it as a rental. We are trying to see if that would be a better option. Thank you for your reply.

Post: Have $40k and ready to start investing

Zack EllardPosted
  • Claremore, OK
  • Posts 35
  • Votes 7
Christopher Cain Wright thank you for such a thoughtful reply. I tried to contact you via message but your contact info is hidden.

Post: Have $40k and ready to start investing

Zack EllardPosted
  • Claremore, OK
  • Posts 35
  • Votes 7
Thank you for your responses. I have actually been studying real estate for about 3 years. And have been listening to the bigger pickets podcast for the last 6 months. I have just never actually jumped into it. But that changes now. Credit cards will almost assuredly get paid down to at least below 30% utilization. The tough part for me is deciding whether or not to pay down the other debt first and then invest or just start investing. The other debt is low interest so it makes me feel like taking advantage of leverage and buying investment property now. As long as I buy right, I thought the ROI would be higher than what I'm currently paying in interest.

Post: Have $40k and ready to start investing

Zack EllardPosted
  • Claremore, OK
  • Posts 35
  • Votes 7
Hey guys. My wife and I are about to sell the house I owned before we got married (we currently live in hers) and we will have about $40K to work with to begin our investing career. We do have about $14K credit card debt, $17K student loan debt, and about $17K car debt. What would be the best option in your opinion to get into the game? -We have a healthy income of about 95K a year. -Our credit scores are just above 620 however we have almost 99% utilization on them so using some of the money to pay them down should increase our credit scores significantly. -Primarily interested in buy and hold real estate but would entertain other methods if it would an obvious better option just beginning -We live in the Tulsa, Oklahoma area. Any and all comments are appreciated.

Post: Is there a Tulsa, Oklahoma BP group?

Zack EllardPosted
  • Claremore, OK
  • Posts 35
  • Votes 7
As far as I know, yes. At Buffalo Wild Wings in BA.

Post: Visualizing Success

Zack EllardPosted
  • Claremore, OK
  • Posts 35
  • Votes 7
Greg S. That's awesome for your wife. This is powerful stuff.

Post: Visualizing Success

Zack EllardPosted
  • Claremore, OK
  • Posts 35
  • Votes 7
Richard Bradshaw thank you. I'll check him out. I haven't made it though all the podcasts yet, I might have to search that one out to listen to next.