23: Flipping While Working a Job, Partnerships, and Military Investing with James Vermillion

BiggerPockets Real Estate Podcast

BiggerPockets

Business, Investing, Education

4.8 • 16.6K Ratings

🗓️ 20 June 2013

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

One of the biggest issues that most investors face is the issue of investing while holding a full time job. In today’s episode of the BiggerPockets Podcast, we sit down with real estate investor James Vermillionto discuss how he has built his real estate flipping and buy-and-hold investing business while working full time in the US Military and with a non-real estate business. James shares his story, along with numerous tips for managing your time while working a job and dealing with partnerships to maximize your investing power. Read the transcript to episode 23 with James Vermillion here .In This Show, We Cover How James works a full time job while flipping houses Overcoming the “Education Only Phase” and buying his first property Investing while serving in the US Military How James succeeded without any expensive courses or mentors How to find free online college-level real estate education Transitioning from Flipping to Buy and Hold Finding financing for flipping through a local community bank Tips and tricks for finding deals still on the MLS How to make a partnership work great Tips for finding a free mentor Links from the Show James’ BP Blog Post on Free Education BP Podcast 006: Investing While Holding a Full Time Job with Arthur Garcia The Ultimate Guide to Tenant Screening Links for Military Investors US Small Business Admin (Veterans Section): VA Veterans Business Portal: SCORE (offers some free and discounted resources for military): Books Mentioned in the Show Titan: The Life of John D. Rockefeller, Sr. by Ron Chernow The Book on Estimating Rehab Costs Tweetable Topics: “What works in one market won’t necessarily work in another market.” (Tweet This!) “A partnership will never be 50/50 all the time – and that’s okay.” (Tweet This!) “Don’t pick a strategy and build you life around it. Look at your life – and build a strategy that fits your needs.” (Tweet This!) Connect with James James’ BiggerPockets Profile James’ Company Website www.kandvinvesting.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Bigger Pockets Podcast, Show 23.
0:04.0	You're listening to Bigger Pockets Radio.
0:07.0	Simplifying real estate for investors large and small.
0:10.0	If you're here looking to learn about real estate investing without Ohio, you're in the right place.
0:16.0	Stay tuned and be sure to join the millions of others who have benefited from BiggerPockets.com,
0:22.0	your home for real estate investing online. could it from BiggerPockets.com.
0:22.5	Your home for real estate investing online.
0:26.0	Hey everybody, this is Josh Dorkin,
0:27.7	host to the BiggerPockets podcast,
0:29.3	here with my co-host Brandon Turner,
0:31.3	who's making weird funny faces at me on the screen.
0:34.8	What's what's that about Brandon?
0:36.4	I was trying to throw you off it didn't really work.
0:38.7	Yeah I'm a professional.
0:40.1	Oh you're a professional huh?
0:41.9	And I am professional.
0:43.0	I'm sure you are.
0:44.0	Well, what's up, man?
0:47.0	We got a cool show ahead.
0:49.0	We do, we do.
0:50.0	I'm a big fan of our guest today.
0:51.0	He's been on the site for a while and I've, uh, yeah, I'm a big fan of our guest today. He's been on the site for a while and I've yeah I'm excited so
	...

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