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All Forum Posts by: Account Closed

Account Closed has started 16 posts and replied 256 times.

Post: HUD Requirements

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

I recently made an offer on a HUD house that was accepted with one condition. I accepted that condition. The paperwork was slow in coming and the realtor learned that an additional was added. That condition was that they will not provide a termite inspection report. The realtor implied that this was SOP. Is anyone aware if this is true?

Post: Arkansas Investor Just Starting

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

Welcome to BP and Arkansas investors. This is a wonderful place to learn and meet like-minded investors. Do go to the REI meetings and network. I an in Hot Springs Village. If you are ever in this area look me up.

Post: RE Investors Meet-up in Hot Springs AR

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

I just created a meet-up for investors in the area. The next meeting is set for Sept. 26 2015, 6:00 pm at RE Investors Meetup in Hot Springs AR at Brick House Grill. You can find a little more info at Meetup.com. Please RSVP if you can make it.

Post: New Member from Bentonville Arkansas

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

Hi @Amy Mou,

 Welcome to BP. Am sure you will find lots of opportunity and lots of help toward your goals here in Arkansas.

Post: Where do you keep cash reserves?

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

Nothing clever about my approach. Basically I put my money in stocks. Most deals I get involved in require less than $150,000. I keep that amount in my checking account and the rest in stocks. Even though there are transaction fees to buy and sell stock I don't do enough RE investing that I need more than $150k in a hurry.  So far there has been no major crash when I needed to take the money out of stocks.

Post: Bigger Pockets Calculators

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

Where can I find Business Analyst II?

Post: REIA in Hot Springs Arkansas

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

A few of us in the area around Hot Springs are planning to get together to explore starting an REIA group. If any one is interested please contact me.

Post: Newbie wholesaler in Northwest Arkansas

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

Welcome to our secret @Wyatt Clark. Don't tell too many but this is a great place for RE investing. I am in Hot Springs. I focus on lending and buy and hold in Hot Springs Village. Contact me if I can be of any help.

Post: Very much a newbie from Arkansas.

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

Hey @Leah Johns,

I'm in the How Springs area of AR and can definitely tell you that NW AR is growing. I am lending and doing some buy and hold. Great opportunity. Contact me if you have an questions and follow the above advise for starting an fantastic,, exciting adventure in RE.

Post: looking for a group in Hot Springs, AR

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

I live in Hot Springs Village and the only group I have found so far is a land lording group. One of these member has talked to me about starting an investor group but I don't think either of us have the energy to actually do this. Maybe the three of us should get together and discuss it. Let me know.