All Forum Posts by: Felicia Feliciano

I think i may have saved your financial life........lol.

In your position you have no business buying a $350,000 house to share with Homies.

You need to be one of the roomates paying $500 in rent.

Rhetorically speaking:  Why do so many think RE will solve their BAD finances?

Next Lesson.

Knowing there is no cash flow.  Do you want to roll the dice and go for Appreciation.   Cant help you there....lol.

Janet Yeller has already stated Ez money will continue. Dont fight Janet Yellen.

What i would do. If i found a $150,000 property yielding 4-5% quality B or better id buy.  Id get return waiting for the prize(capital gains).  These were available not that long ago.

$100 a door, no way no how nomas Jose!  I can do much better playing options, cash secured puts and covered calls, pmcc when the numbers look good.

Say Warren told you to find him a quality stock yielding 5%( in RE this is B class).  You search 4 continents and you come back with ATT.   Warren say not Quality, way too much debt.   He tell you keep searching knowing well there isnt any.....lol.

He teaching you a lesson.

In essence thats what these guys are telling you.   Find something thats not there.

Oh i know there are exceptions.  But can you do 40% of the rehab to make things financially feasible?

Also ,  many VETERANS of the RE wars are in wholeheartdly agreement -now isnt the best time to start.

Low hanging fruit has been picked clean.  All thats left are shrivelled PRUNES.

Investing education must be taken with a grain of salt.  People with no education have been making 100s of thousands of dollars.   Timing matters more than knowledge.

Serious, how hard is it to understand down payment, mortgage, buy a house , rent it out.

 Warren does not AGREE.

 This doesnt make sense.  I am a newbie investor looking for a deal.  Why would i pass it off to some stranger.?

This meetings are for the old veterans to pass junk off to the new eager beaver.

Networking fine,  but this takes years and years to develop.

Warren doesnt do Bidding Wars.

If your deals are getting you $100 a door you should wait.

In the meantime you could make 25-30% selling option premium.

Study.  Coffee with Markus.  He is the Brandon of Options Trading.....lol.

Please disregard date.   I meant recently hitting $100.  It was during Obama term, i recall it vividly as i was playing with the internt in my Hong Kong Mansion Hotel suite.     Just a cautionary tale.

If i recall oil hit negative $33 this past March

Remember when oil companies were having price wars in buying assets.  Oil couldnt go down.  Projected to hit $150.  Declines were not an option.

I think it is impossible for the avg buyer who isnt willing to drywall or redo plumbing themselves. 

Numbers dont make sense even in Podunk Idaho.

Havent heard the term Buyers Market for quite a few years........................