All Forum Posts by: Martin Manning

Cool tale... sometimes good workers are hard to find. If you ever need rehab done inexpensive, I have a crew and network with a couple others from paint to flooring to roofing... My crew mostly does interior paint, tile, drywall, and framing... check me out www.tmconstructive.com

Hope everything goes well with your newly renovated buy and hold property and hope your tenant is a good one and stays for years...

Sounds like a competent bid... if you ever need another paint crew, I have 2 available... 404-207-4868 or www.tmconstructive.com

I spoke with guy again. He stated he'd remove the power of attorney clause and actually put me in direct contact with the lender who is based in Illinois. Its legit... Pathway Financial... They do unsecured lines of credit for business or personal as long as you qualify. The guy thought I was dragging his name through the mud when he read this post, but I was just inquiring who had used him before. If everything turns out right I'll give him a thumbs up on here. Didn't mean to intentionally bruise his ego , but I've been through so many "its too good to be true moments"...

@waynebrooks Thanks for the response. I agree totally

@Parish Pradhan Thanks for the response. Yes, I kind of feel that way too, thats why I came to my BP family to bring it up. I had a guy last year from Canada who sent me some sort of application and approval docs that looked like they were typed in notepad. He wanted something up front, but this new lender or broker says he only receives his fee after I get funded, which made me happy, but the agreement just seems too constricting. I'm kind of on the ropes because I don't need more inquiries on credit for nothing.

I had a "private lender" call me today offering to get paid on back end once funded. He's in Canada and I just wanted to know if anyone has heard of them ... Paciscorp Inc.

I googled them and got some sort of lead generation company not a loan broker, so that kind of turned me off. The agreement they sent looks ok but seems to have alot of legal jargon that makes them not liable for anything and forfeits any of my rights to seek damages in case of anything unforeseen happening. Also, asks for power of attorney to handle getting the loan. I understand how brokering loans work but it just feels a little sticky. Let me know if anyone has gotten any loans done through Paciscorp or not...

Wow! Feedback, I love it... Thanks guys... I'll look into all of this and start implementing...

I'm currently moving into the commercial world of real estate. I think that this niche pays off a little better than SFH's. I can find the deals through certain websites and other resources, but i hav barely a clue on how to actually pull the comps. I mean, is it as simple as finding a few recent sales within a few miles on zillow or is it as complicated as finding a commercial RE agent who I'd have to pay to give me a CMA? Is the term CMA different for commercial? How would I find comps for other commercial properties like gas stations and hotels? Do I just have to go by the actual numbers like revenue from last owner and taxes? I just need to be pointed in the right direction because I get deals in my inbox from people I communicate with all over the country.

Lol, yes guys I mean Josh Dorkin not J Scott... J Scott has given me advice when I first joined BP... don't know why he was on my mind...

Hey guys, I'm a fan of J. Scott and B. Turner's podcasts. They are very informative, so as a tribute to their diligence and hard work, I'd like to know, for those who subscribe and listen, who admires these podcasts and why... 

 Myself, I can admire the humor and humility. They are on point and sound very natural. 

I also enjoy the content. Meaning, the Q&A to and from each guest. They start with basic info on how and when the guest entered real estate, then gradually get the whole story, riding the guest's timeline.

And of course, the Quick Tips and Fire round are helpful for beginners and intermediaries...

Keep em coming J&B ... loving it ... 

So, what do you fellow BP'ers want to add?