All Forum Posts by: Account Closed

I agree with with Brian, let your attorney resolve this issue. Did you put down your earnest money yet? If not just back out and find the next deal

Appreciate it man! I’ll definitely give them a call.

Originally posted by @David Michael:

https://www.acutabovetreecarenj.com

These are the guys we use. Ask for Steve

Does anybody know of any Tree Removal companies that work in central jersey?

Hey Joshua:

First of all congrats! First thing you want to do is order the dumpster to be delivered the day after closing, and change the locks as soon as you do close on the property. The day after you close get your demo crew out there to demo out the junk, old drywall, cabinets, windows, doors, and etc. After you get the interior of the property demo'd get your mechanical contractors(Electrician,HVAC,Plumber) out there so they can start work. It would also be a great idea to get your foundation guy out when the house is demo'd as well so he can start work.  Once the mechanical and foundation guy finish, go ahead and get your drywall guy to drywall out the property. Once the property is drywalled, start installing windows, the kitchen, bathroom, flooring, paint and trim, and etc. 

That's how I normally run my projects, and they always run smooth unless we run into a permit issue.

I wish you the best of luck! Go head first and don't look back

That you have a good/profitable deal. That's it. They won't even look at your credit, bank statements, tax returns or anything as long as the investment is good. All they care about is that they're going to make money, and that if anything goes bad that their money is protected by the asset with a deed/lien. You'll be fine

Hey Scott, I just use basic psychology honestly. For example I'll call them and say " Hey Bro what's going on? I hope everything is well. I have an opportunity that my team just locked up, and can yield a 9-12% return do YOU know anyone who would be interested in partnering up with me on this deal?" 

This question either allows them to say " Yes I would actually be interested in this opportunity." or " This isn't for me but I'll look through my contacts and see who would be interested in this." I cut straight to chase because when you are looking for funding on a very profitable, or high equity deal from a private lender you have to realize that you're not begging anyone for money, or begging anyone for a partnership. You are the guy with the gold carrot because you the investor has a great deal and that potential lender needs a great return on their money that they're not getting in the stock market, or their 401k. 

What is a must though is that you do have a relationship with that person that is current. Don't call or reach out to anyone that you haven't spoken to in like 2-3 years because that's when it would feel like you're begging for money lol. I usually reach out to people I've spoken to within the last year who know my track record, and see that I'm a reputable investor to do business with.

Going into a relationship with a prenup is already having expectations/doubts the marriage is going to fail, if you feel you are going to need a prenup DO NOT MARRY THAT PERSON! Find someone who is going to have their own assets, and their own business to the point where they won't need your assets if a divorce occurs. A lot of people with assets, and businesses marry people with nothing going on in their lives, and because of that when a divorce happens that worthless person takes their spouses assets, and etc. 

Moral of the story, if you marry someone worthless and you have assets then by all means get a prenup, but if you marry someone who is financially stable, and has their own assets, and you know they can survive with or without you financially then there is no need to because that's just going to make the marriage weird because it just goes to show you don't trust them at all even though they have their own business/ and or assets. You see a lot of these NBA players, and athletes get into relationships with low-lifes, and people who have nothing going on in their life, so when they divorce them they take all their assets. You just have to be wise with who you marry, but that's just my opinion. 

@Tristan Colborg Hey man, the best advice is to continue putting out offers on properties and don’t get attached to any particular property until you close on it. This business is so competitive that you can’t just make one offer on a property, and have your eggs in that one basket that it gets accepted; you have to keep searching for more deals and continue placing offers on more properties, so if one gets rejected you still have 5+ properties that still have to get back to you if your offer is accepted. Put in offers, and just forget them until they reach out to you on the status of the offer. Also it is great to reach out to wholesalers because they may have access to deals you may not have access to.

A crowdfunding REIT is a Real Estate Investing Trust, and it's similar to a mutual fund sort of say. So when you give them that initial investment it goes towards the properties they are purchasing nationally. So if they have a property out in Miami beach that they used your money to purchase you could literally drive by it, and have the right to say " I own that." I think that's pretty dope honestly