All Forum Posts by: David S.

I met this local kid through helping out at my daughter's high school. His name is kamryn and he always impressed me as a real hardworker, which is a real rarity in kids today. Kamryn started a lawn care business a couple years ago and built it up by saving his money and buying a trailer and commercial mower. This was set to be his big year with the commercial equipment and finally getting his license so he could take jobs out of his neighborhood. 

Well, Wednesday night, that all came to a big end. Overnight, someone came onto his family's property and hooked up his trailer that was loaded with his equipment and stole it all. ALl that work and he is back to square one.

I feel so horrible for him because I know how hard he has worked, and put the money he has been earning into buying this equipment and the trailer instead of wasting it on video games, etc. He is a hardworking kid and it really sucks to see this happen to him. His mother has setup a gofund me to try to help him get back in business. He has lots of jobs, including some for me, and no way to do them right now. If there is anyway to help out this kid that is really trying to be successful, that would be amazing and he would be so grateful.

Kamryn's Equipment Recovery

A couple weeks ago I signed up for the Privy Software site after seeing a presentation and wanted to try it out. They were offering a really good price for a year subscription and a 30 day trial period that if you didn't like it you could get a refund. Anyway, I tried it for about a week and found it just wasn't working for me. I have been trying to contact someone at Privy since the end of last week to cancel my subscription and get a refund, but have gotten no responses. Used a couple email addresses I found on the site, used their contact form, etc. Nothing.

Has anyone else dealt with them and had issues like this? I was kind of nervous about signing on even with the discount and the 30 day trial because it was a fairly large sum of money. I didn't think it would be an issue to cancel if I didn't like it. Now I am kind of regretting not going with my gut on this one.

Dave

Looking for some advice or guidance on how others handle this situation. 

Been flipping for about 2 years now using just my own funds, so been making cash offers. I mostly deal with foreclosures that are listed and on some of the auction sites. Looking to expand operations a bit so I have been working on setting up a small network of private and hard money lenders. I currently have 4 that I can work with.

Anyway, I am not sure how to handle the financing piece. Obviously, the lender wants to approve the deal before committing to fund it. Not sure where to put that in the sequence of things. Do you run your deals by the lenders before submitting the offer to make sure you have someone on board if the offer is accepted? Or, do you structure your offer with a financing contingency or something and only present it to them after you have a contract?

I guess my biggest concern is that I work a lot of deals and make a lot of offers before ending up with a winner. I don't want to wear my lending sources out or annoy them by using up their time for every potential deal that may or may not work out.

Thanks!