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

Episode • Jun 20, 2013 • 1h 7m

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

Links for Military Investors

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

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