All Forum Posts by: Mark Holencik

Why not use it only for business?

You only need them if you have a furnace that needs a chimney. You have a house with 35 bedrooms? 

I would not ask anyone else to decide what I should do. I have my values and they are not up for discussion.

If I felt it is wrong to sell. I do not sell. I do not care what anyone says.

I am a contractor for 37 years. If you are a flipper or another contractor and I have not done any business with you before, I have most of my money before my guys do any work. The rest as I am completing the job.

Most of my work is done with a deposit of $100 and balance upon completion. Home owners pay their bills. Flippers or contractors not so much. 

I use peppermint essential oil and denatured alcohol in a spray bottle.

You where paying all the bills before you rented out space in your home. Save that $750 a month. That is $9,000 a year. Plus cut spending. Add both of those to what you have saved now. Will not be long till you have your second property. 

Go all in. It is the only way I know how to do things. 

Buying with all cash will get you the best deals. You can make lower offers with cash. You can close fast. 

Once you have the deed in your hand you can get a mortgage or home equity loan and use the cash to buy another great deal.

Buying a property with cash saves you time and fees.

I have partners. They have no legal say in how I operate. They are valued advisors, but I have the only vote.

 I have seen, where the only thing good on a house was the street view.