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All Forum Posts by: Account Closed

Account Closed has started 36 posts and replied 142 times.

Post: Saw this fire damage Commercial REO and have some questions please? (with pictures)

Account ClosedPosted
  • Private Money Lender
  • Oklahoma
  • Posts 163
  • Votes 32

I see, thanks for the advice guys.

Michael

Post: Saw this fire damage Commercial REO and have some questions please? (with pictures)

Account ClosedPosted
  • Private Money Lender
  • Oklahoma
  • Posts 163
  • Votes 32

Thanks Rich. I really appreciate you taking the time to give me feedback on this. I knew it would take a crew to clear al of the property, but figured the end would justify given it's location and the foundation already being set in reference to commercial property.

However, just as you stated, for a first deal this would probably take more than it would give in return, especially given I will be dealing with bank negotiating and not individual seller. I think my time would better be spent setting my marketing campaigns in order for a steady influx of deals. I think in the longrun that will benefit me, at this stage, far better than commiting my time to this.

Thanks again for your advice,

Michael

Post: Saw this fire damage Commercial REO and have some questions please? (with pictures)

Account ClosedPosted
  • Private Money Lender
  • Oklahoma
  • Posts 163
  • Votes 32

Ok so today I was traveling along on the way to see about something I saw on Craigslist (unrelated product) when I see this propert that looks like a fire got it or something. Really couldn't tell because it looked like a place would look like after a fire, but no smoke or black wood. However it had the nice green notices stuck on the door from the county saying it was condemned and need to be sold, demolished or what not.

Took some pictures and did some checking up and see it is bank owned, and part of a whole bigger deal of around over 30 acres. It doesn't look to me like much of the building would be salvageable aside from the foundation after a good clean up. I'm going to have to wait until Monday to find out the specs on the size of the lot and how long it has been on the market. It's in a good area and gets good traffic. I really wasn't planning on doing any wholesaling until my launch date Jan 1st, least of all with an REO, but would be nice if I can get this to work. Any advice you think would be helpful when I contact them with my game face on would be appreciated. Also, do you think the foundation is salvageable from looking at these pics? The brick maybe? What do you think happened? A big bad wolf? Do you think the bank will separate this from the package deal they are selling it for of around 30 acres?

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In The Back >>>>>>>>>>>.

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Post: So-called mentors

Account ClosedPosted
  • Private Money Lender
  • Oklahoma
  • Posts 163
  • Votes 32
Originally posted by J Scott:
When someone shoots someone else an unsolicited email asking for mentorship, the mentor doesn't have any vested interest (i.e., no relationship) in the person asking.


This..

I actually learned this lesson rather quickly after taking off the blinders and looking at it objectively. Simply put, why should they hold anyone's hand through anything?

First of all they are creating competition for themselves, albeit maybe on a very minute scale but still, and the compensation just isn't there in retrospect. Their time is far more valuable, they have duplicated another them to cut into their marketplace and take their deals, and as J Scott stated, who are you to them?

Secondly, like anyone in business now, they had to jump through plenty of hoops to get there. They made their share of mistakes, but they made it. Why? Because they really wanted it bad enough. Thomas Edison failed 10,000 times before creating the incandescant lightbulb and Abraham Lincoln lost 7 elections for multiple offices before winning presidency. Why didn't they give up? Because they really wanted it.

There are 2nd and 3rd generation investors here, but not all of them are. Not all of the 1st generations were mentored either. They embraced their mistakes and failures like Lincoln and Edison did and made it because they wanted it.

This is the internet. There's hundreds and thousands of articles and how to's and every resource you need to succeed. Every contract you will need and how to fill them out is also on the internet. Basically just comes down to how bad you want it.

I came here May 24th and knew pretty much nothing and had nothing. Well now I have my LLC, logos and web squeeze page, list of buyers, all my contracts, I know how to do every step of the wholesaling process to get myself through and how to market for sellers. All this from asking relatively few questions and mostly from reading massive amounts of information and videos. I set my launch date for January 1st and that's only because I have a marketing approach I'd like to try that's going to cost some and I am still building my list, but I have the date firm. I want it bad, and I have taken the steps to get it. I haven't done a deal but you know what, I'm a real estate investor. To say anything else means I have no confidence in myself, and that leads to failure. Positive visualization.

If you want anything in this life you have to go get it. I live by the mentality of expecting nothing from anyone, even family. It serves me quite well. However, I have had great experience with the BP community here. They have helped me on pretty much every question I have asked. They won't hold my hand, as they shouldn't, but they always point me in the right direction. Hope you find what you are looking for buddy. Good Luck.

Michael


Post: Would you eat pizza left out 18+ hours?

Account ClosedPosted
  • Private Money Lender
  • Oklahoma
  • Posts 163
  • Votes 32
Originally posted by Tom Bukacek:
Besides, tabasco sauce kills all germs and bacteria


Bro, tobasco sauce makes anything taste better :D

Post: Pictures from movies I played in Willow, The Last Dragon, X-Men

Account ClosedPosted
  • Private Money Lender
  • Oklahoma
  • Posts 163
  • Votes 32
Originally posted by Steve Babiak:
A bit late (or early) for April Fools's, don't ya think?


Haha. That depends on if you only allow yourself once a year to joke.

Post: Pictures from movies I played in Willow, The Last Dragon, X-Men

Account ClosedPosted
  • Private Money Lender
  • Oklahoma
  • Posts 163
  • Votes 32
Originally posted by Bryan Alenky:
i liek the beard the best lol


I kind of felt like I looked like an Amish wolverine lol

Post: Pictures from movies I played in Willow, The Last Dragon, X-Men

Account ClosedPosted
  • Private Money Lender
  • Oklahoma
  • Posts 163
  • Votes 32

Well I was digging through my photo album last night and found a few pictures from some of the movies that I've played in and thought I might share them with you'll. Couple of 80's movies and a more recent one. I try to keep a low profile mostly but since we're a BP family here, I felt it would be ok.

Hope you'll like them as they were fun films and pretty big hits at the box office. I really enjoyed working with Ron Howard in Willow. So here you go.

Here's 2 pictures of me when I played a character named Mad Martigan in Willow:

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Here's where I played as one of the characters in Sho Nuff's crew from Berry Gordy's The Last Dragon:



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And my best role was when I won the spot for Wolverine in X-Men:



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Hope you'll enjoy strolling down memory lane with me. :cool: :cool: :cool: :cool:

Michael

Post: World Cup Talk

Account ClosedPosted
  • Private Money Lender
  • Oklahoma
  • Posts 163
  • Votes 32

Lol, yeah they got robed. You got to love the head coaches reaction too before and after.

I wonder if that will be the final straw that makes Fifa finally institute replay cameras...

Post: Would you eat pizza left out 18+ hours?

Account ClosedPosted
  • Private Money Lender
  • Oklahoma
  • Posts 163
  • Votes 32
Originally posted by MBCrosby:
that seems to have taken care of the problem


lol good job!