All Forum Posts by: Kathy Fettke

@Jay Hinrichs  Thank you Jay. I am so grateful to be in a position to give. :-) It's truly an honor. By the way, I would love to speak with you about our advisory board that we're building. Let me know if you're interested in learning more about it!

@Grant Rothenburgerundefined  Good question! I attend a LOT of conferences, and it's usually the networking that is most powerful. I was able to run a few deals by several experts and got some extremely helpful feedback. Also, there was a very good S.E.C. attorney who helped answer some of my questions - since several of my attorneys disagree...

Hi Dave and everyone,

It was a 5 start event as usual. Truly some of the top real estate investors were in the room. I was honored to be there!

What an honor it is to share the stage with these great people. :-) And an even bigger honor to be able to raise money for this great charity.

J Martin's events are always filled with the best investors. 

There is a little town outside Vegas that's in an Opportunity Zone - but unfortunately, it's pretty far out and rents are low, so we re going to pass even if there are so many tax incentives.

Antoine, I don't think any investor should consider less than 18% on new-build construction. There is higher risk, thus higher reward. The key is working with developers with a very long track record of success as so much depends on relationships with city planners.

@Greg Brooks  If the roof is not needing to be replaced today, I wouldn't replace it. My guess is they've already  accounted for that in the price. You are getting a rental property for $100,000 - this is not a new home. A new home would cost closer to $200K. We have affiliates who offer new homes for people who don't want future repairs - but even a new home will have maintenance requirements in 10 years. That's why you need to always set aside maintenance reserves. You shouldn't buy the property if you don't feel good about it. That won't work out well for you or the affiliate - it's not a good way to start - especially when there's a wait list of people who would love to have this property and would see it as a great value. Since you live in Ohio, you might be better off finding your own $40,000 property and doing the rehab yourself? 

@Greg Brooks @Jeff Chen @Michael Carbonare @Patrick B.  I am just seeing this post as I am not on BP often. I am SO SORRY to hear you had a slow response last year. I admit, we were overwhelmed. We got a bunch of GREAT deals all at once and raised over $20M in one month ($50,000 at a time). And yes, we were not properly staffed up for that. Most of our investors are regulars so they understand that we were slow but dependable. Today we are more prepared for big raises like that, with a great team to handle all that paperwork.  If you are in the Reno or Park City project that we were funding at that time, I think you'll find it was worth he wait. :-) Those developments are going so well. The Texas project is paid out already and CR almost all sold out. I'm not sure what @Account Closed means? Some of our members bought units in Belize and as far as I've heard, are very happy. $120K for a home in Paradise was pretty sweet - with 50% financing. But if they are unhappy, and I haven't heard, I hope they will contact me. We have no way to improve if we don't get feedback - preferably direct to us. Either way, thank you for your membership at Real Wealth Network.

Hi all, Gary Massari is the person who opened my eyes up to this business. He was my co-host on a radio show in San Francisco when he was a mortgage broker. I ended up getting my license and doing loans at his firm. He has a huge heart and loves to teach. I don't know very much about his current program, but I have met some of his students who have made good money from his teachings.  Like all things, a very small percentage of students will put the education into action. I do believe what he offers is legit. Just know that you will have to pay for it with both time and money. It aint free. :-) If you don't want to pay, you might find books or other programs, but this could fast track it for you

@Diane Johnson I'm sorry it hasn't been made clear! We earn a broker to broker fee. We are not brokers in those states, but we do have a CA brokerage, so we get paid a referral fee out of the other broker's commission. I hope that helps clarify. It's important to note that referral fees are not legal in some states, and usually only legal from a broker to another broker. Many companies are breaking this law, so beware!