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All Forum Posts by: Account Closed

Account Closed has started 21 posts and replied 1085 times.

Post: Gut check my reasons for NOT getting started with REI. [Seattle]

Account ClosedPosted
  • Investor
  • Scottsdale, AZ
  • Posts 1,164
  • Votes 885

@Aengus McMillin Decide which kind of investor you want to be (SFR, Commercial, Land, Tax Liens, HML, Multi-Family, Notes, Fix & Flip, Buy & Hold, "Subject To", apartments, duplexes, assisted living, REOs, Foreclosures, Short Sales), etc.. Decide how much money you have access to, & the zip codes, city or state you want to focus on. That will determine the next step. Outline where you want to be in five years. Put it all in writing. Start working your plan. There are plenty of people around to help you each step of the way. Drop me a line if I can help.

Post: Looking to Buy First Deal

Account ClosedPosted
  • Investor
  • Scottsdale, AZ
  • Posts 1,164
  • Votes 885

@Nick McCandless Sounds good. Bigger Pockets (BP) doesn't allow us to get too detailed in Posts, so send a Colleague request and PM me if I can help.

Post: Newbie from Long Island New York

Account ClosedPosted
  • Investor
  • Scottsdale, AZ
  • Posts 1,164
  • Votes 885

@Jhon Deabreu

Decide which kind of investor you want to be (SFR, Commercial, Land, Tax Liens, HML, Multi-Family, Notes, Fix & Flip, Buy & Hold, "Subject To", apartments, duplexes, assisted living, REOs, Foreclosures, Short Sales), etc.. Decide how much money you have access to, & the zip codes, city or state you want to focus on. That will determine the next step. Outline where you want to be in five years. Put it all in writing. Start working your plan. There are plenty of people around to help you each step of the way. Drop me a line if I can help.

Post: Young Motivated Newbie in N. Denver area seeking Mentor advice

Account ClosedPosted
  • Investor
  • Scottsdale, AZ
  • Posts 1,164
  • Votes 885

@Zachary Blanchette Been there, done that. I was a highly skilled and successful sales rep in a fortune 200 Computer Company. Decided long, long hours, Monday morning national stock holder calls and the B.S. wasn't my lifestyle. I left corporate America about 25 years ago and never looked back. So, going forward, Decide which kind of investor you want to be (Passive, SFR, Commercial, Land, Tax Liens, HML, Multi-Family, Notes, Fix & Flip, Buy & Hold, "Subject To", apartments, duplexes, assisted living, REOs, Foreclosures, Short Sales), etc.. Decide how much money you have access to, & the zip codes, city or state you want to focus on. That will determine the next step. Outline where you want to be in five years. Put it all in writing. Start working your plan. There are plenty of people around to help you each step of the way. Drop me a line if I can help.

Post: Looking to Buy First Deal

Account ClosedPosted
  • Investor
  • Scottsdale, AZ
  • Posts 1,164
  • Votes 885

@Nick McCandless

Arizona is a good choice considering your location. Decide which kind of investor you want to be (SFR, Commercial, Land, Tax Liens, HML, Multi-Family, Notes, Fix & Flip, Buy & Hold, "Subject To", apartments, duplexes, assisted living, REOs, Foreclosures, Short Sales), etc.. Decide how much money you have access to, & the zip codes, city or state you want to focus on. That will determine the next step. Outline where you want to be in five years. Put it all in writing. Start working your plan. There are plenty of people around to help you each step of the way. Drop me a line if I can help.

Post: July 2017 Market Report

Account ClosedPosted
  • Investor
  • Scottsdale, AZ
  • Posts 1,164
  • Votes 885

@David Ivy Good info. Thanks

Post: Help! Time is running out

Account ClosedPosted
  • Investor
  • Scottsdale, AZ
  • Posts 1,164
  • Votes 885

@Kim L. That kind of depends. Last I looked, it was a big state. If your interest is San Antonio to Dallas, I've got some ideas. If your interest in Amarillo, I wouldn't know. PM me if you want some ideas.

Post: A Brutal Bay Area commutes: 2:15 Alarm, 2 Trains and a Bus

Account ClosedPosted
  • Investor
  • Scottsdale, AZ
  • Posts 1,164
  • Votes 885

@Naveed Q. I have a tortuous commute of two minutes to the coffee maker and another minute to my office. She should reconsider her lifestyle.

Post: Don´t tell me NO, tell me HOW! (help me think outside the box)

Account ClosedPosted
  • Investor
  • Scottsdale, AZ
  • Posts 1,164
  • Votes 885

@Viviana Ramirez Or, you can save all the stress and use Subject To and Wraps. It works in California, in LA, Long Beach, The OC, San Diego and on and on. Oh, and don't make it a "job". You can do that other ways. Make this an *Adventure*. 

Post: Hard Money / Line of Credit

Account ClosedPosted
  • Investor
  • Scottsdale, AZ
  • Posts 1,164
  • Votes 885

@Matthew Roberts Here is what I found. Some were happy, some were not. But I will let this buy's post speak for itself:

Published Thursday, August 10, 2017

"Misleading, Non-Disclosing, Poor Quality/Service

Here's a detailed account of my story and dissatisfaction with Fundwise Capital. My goal is for potential customers to make a more informed decision than I did.

I was paired with a consultant to begin. His name was Michael Begg. Michael told me that my discounted fee of $2,997 was for the funding options they'd get for me--essentially the credit cards he'd help me apply for. The thing is, I didn't need help applying for credit cards. I already had 13 credit cards totaling over $90,000 of unsecured debt and I had nearly an 800 credit score. I knew how to research and find the credit cards that had appealing promotional intro apr's for balance transfers and purchases. What I was most interested in was their knowledge on how to pull the cash off the cards without incurring the cash advance fees and exorbitant interest rates. So I told Michael all of that and made it clear that the sole reason for me paying the $2,997 fee"

https://www.trustpilot.com/review/businessfundingm...