All Forum Posts by: Dave Hurt

@David Zheng congratulations sir!  That is a fantastic story - thank you for sharing and I hope (know) you will continue to build exponentially!

@Natalie Kolodij I completely agree!  Even NOW with a moderate smidge of success I would definitely still hold onto that 2010 Subaru instead of buying a new vehicle - we still have a 2009 sedan and my friends always ask why I don't sell it and get something 'sweet'...well I think it's an awesome car, it runs great, and its paid for  -  WHY THE HELL WOULD I GO RIGHT BACK INTO DEBT - especially on something mechanical like a car that will depreciate?!

Yet again it comes back to mindset!  Your friend thinks she is doing something "super grown-up" when in fact I'd argue it's quite the opposite...BUT the millennial generation has been so heavily indoctrinated to be perpetual consumers that it's the status quo!

@Benjamin Riehle thank you for sharing! Awesome story!  I get so tired of the complaining and overall sense of entitlement that the majority of our cohort seems to have.  

Perhaps if they channeled those efforts into something productive, took massive action, and stopped feeling sorry for themselves, they'd enjoy success.

We certainly won't have a shortage of tenants any time soon though, so that's a good thing :)

Welcome @Talyta Noronha!  You've definitely come to the right place!

That's right @Jerry Smith - of course he didn't do anything illegal because we didn't yet have a recorded contract but quite underhanded it was...and he definitely burned a bridge!

I am a Millennial and I get so tired of hearing my fellow Millennial peers complain about the lack of opportunity today, and how we have it so bad, and bla bla bla.  Millennials can absolutely achieve the 'American Dream'.  The problem is they don't want to PUT IN THE WORK for it.

I grew up dirt poor in a trailer park in the rural south.  I busted my you know what to get into college on a partial scholarship and while I was in school I worked 3 - yes 3 - jobs to make ends meet...and still took on some student loan debt.  When I went to grad school I worked the whole time there as well.  Now I work in an office with about 70 people in my age group and all they do is complain about EVERYTHING.  They would much rather spend $500/month on a new car, $1600/month on a snazzy apartment, and go out every night of the week...then they complain about how they don't have any money to save, and their Baby Boomer parents had it so easy compared to them.  

Many of my co-workers remark how it 'must be nice' to own rental properties and my restaurant franchise and they wish they were as 'lucky'...then when I try to talk to them about investing, personal finance, and hustling to build multiple streams of income they just comment "Yeah right I don't have time for that"...I've given several of them copies of 'Rich Dad Poor Dad' and offered to take a few driving for dollars on the weekend and have invited all of them to the meetup I host - NONE have taken me up on it...but then they post pictures on Facebook of them brewery-hopping all weekend and hanging at the pool!  Right...they didn't 'have time'.

I know I'm preaching to the choir here on BP but there is absolutely no excuse! You need to pay a $300/month student loan payment?? Great - drive for Uber on the weekends to make extra income! You can't afford to purchase a home? Rent an $800 apartment instead of $1600 apartment and drive a Honda Civic instead of a brand new SUV...save up a 3.5% down payment and buy a house using FHA backed financing...and stop buying Chipotle and Starbucks every day!

Okay that's the end of my rant - sorry I get a little worked up about this particular topic!

Exactly @Simon Ghandil...my response to him was actually "Wait I thought that was your number, are we doing this deal or not?"...against my better judgement I held out...should have walked away right then.

@Travis Bernard @James Slaughter @Account Closed look forward to seeing you all there!

@Samantha Klein I actually did just that - let him know that I value integrity in my business dealings and that I am no longer interested in any of his other deals or to be contacted about any deals moving forward if this is how he does business...his response was "sounds good".  

I doubt his approach of burning bridges for a quick buck will result in a long and fruitful career in investing...

@Samantha Klein good points!  At this point I think I may reach out to the property owner directly & let them know if their current contract (if they even have one) falls through to please let me know and I will purchase the property directly from them.