All Forum Posts by: Krystle Housley

Its a stupid statelaw that prohibits the display of bedroom count... even tax records don't show it. There are some sites that will "guestimate" the number of bedrooms based on prior sales marketing and neighbors. Remine does this....

Baltimore Air BnB is under attack....the new bill that goes into law shortly, essentially bans short term rentals in homes that you don't currently live in. There is to be one more "workshop" before this bill goes into law, but the hotels have put a lot of money behind this in forms of campaign contribution and lobbying.

Have other cities had success in fighting this?

Airbnb is under attack in many cities but AIRBNB as a company will not assist in any legal battle and often lobby for things that are against a host's best interest.

Many realtors support Airbnb. Unfortunately, the local board pays Frank Boston to lobby for them and guess who is the hotels' lobbyist as well? Therefore the local real estate board will remain mute on the issue.

Suggestions?

I live in 21207 and rent for detached 3 bedroom are closer to $1400-1500 threshold because most of the homes in this area are cape code with some split levels from the 80-90 era

I just attended Doug Clark's three day training and sales pitch for Diamond 360.. I paid $997 for it, which was good for two people. 

How I got here: I was at a Tony Robbins seminar and one of the early speakers was a wholesale guy, talking about this program. There are a million of these programs - the glorious thing about wholesaling is one deal can make you the $997 back quickly. I've been wholesaling for some time and often sign up for these just to learn any new techniques or best practices. So I signed up and paid the $997 for me and a "partner".

The seminar: 3 days at Tysons corner with my partner - lunch not included and Doug Clark declined my dinner invites lol. There were 6 "consultants" - people who worked for the program which are former students.  

Day 1 -  Intro to the concept and he also breaks down foreclosure and the power of time stamp and lien order. He went into various scenarios that make for awesome stories - i.e. the time "a student" was bid up to double the starting price but still won the bid on a house at auction, but she met the actual owner at the auction so she had the owner sign a quitclaim deed and called the bank and paid in full the loan thus saving the home from foreclosure auction thus getting the house at half price she almost paid at the auction. Amazing story that got a small applause upon conclusions of how she let the family stay in the house for free for 3 months after the deed transfer. Really pulled on the heart strings. I dont know what state it was in but I can tell you that wouldn't work in Maryland.

Day 2 - Doug briefly covered liens and a few more scenarios that made for great stories. He then covered super liens. then the grand finale! He has a system that can get money bank from banks after foreclosure! He finales with telling you "you wont be able to sleep tonight!" The great news is you will have access to mentors who can teach you all of these techniques for the low low price of $38K... but if you sign up this program, he will also give you his super lien and top secret get money back from banks strategies included "for free".

Day 3 - generic info about the importance of LLC to protect your assets, a short video from veil corporate about how amazing they are, then an elaborate story about how Tony Robbins doesnt look at reviews online unless he needs a good laugh so why should you believe reviews online, right?? Go with your gut! $for only $38K Then you meet with your assigned consultant. They'll allow cash credit and partials.... a nonrefundable deposit fromm $1000 -10000 I discovered once I spoke with other people in the class.... a small discount of 3% if paid in full within the week. A "not so diamond package" which was only $25K which has everything except the "1 on 1 training" and doug sprinkles.... or something smaller for $20K..... etc etc

I did not sign up for any package but i was intrigued by Doug's stuff. If only there was a way to only get Doug's mentorship exclusively....

I just started playing around with the spreadsheet and had two questions:
1. where can you account for closing costs and other general costs associated with purchasing the house (ie finders fee, inspections, surveys etc etc).
2. why is the Amortization Period in yellow at 27.5  & not a formula (like everything else in yellow)?