All Forum Posts by: Kevin D

Thanks EZ,

I'm in Dallas. Do you do biz in Dallas? If not or so, do you know anyone in Dallas that I might seek to see if there would be any possible mutual benefit?

I have just purchased a course which I feel to be very credible (Ray Alcorn)... but he did mention the whole credit thing.

Re: me. I have made pretty substantial income (over million in a year) in a different industry several yrs ago but it all crashed (guess I was stupid enough to think it would go on for ever, livin large). Which left me with a big tax bill... approx 200k. I pay on a agreement 1500 per mo. so I surely don't want to have to increase that payment from a cashflow standpoint even if I could pay more.... and I surely could. Anyway, I am making very good money as a 50% partner in an Unrelated industry now (with extra cashflow to invest). But THIS TIME, I don't want to make the same mistake of putting all my eggs (money, time and hopes) in one basket. Just in case the "window" closes on my current opportunity... I don't want to "go get a JOB"!

So, I thought it might be a good idea, rather than getting "fat and happy" to mitigate my risk and hunt for additional opportunities. But in summary, if it's just not viable due to my credit, I can except that and move on. Thanks for any advice you can give.

so then, I should assume that I not only am dealing with the intrinsic challenges of find and working a "real" deal, I also then am to expect even less pay-off because I have to find someone that has the credit, in turn expecting a return (which further eats up my return)?? Is this a realistic pursuit based on the required dependence on Always being my credit involved? Just trying to be real. (no pun intended)

I mean, would anyone be able to "spin" this dilemma as an advantage or even irrelevant?

I'm new. I want to be optimistic but realistic. What is the likelihood of breaking into Com. REI w/bad credit... ie IRS tax liens?

Said another way, what % of deals that ARE DEALS will I be able to find that won't require MY credit?

Also, what will be the alternatives to getting deals done that actually make sense/worth doing when not using my credit?

Is there a way to "fund" some LLC or something and have the lender use that? Or will they always come back to a "Personal Guarantee" being required.

I won't be able to fully satisfy the IRS for a long time. I have a current argeement and pay as agreed, but they will not ever lift that until it's paid in full and it's on my credit report and as I understand it... they will / would put a lien on any property that shows up in my name. Your thoughts?

thanks sir... I got it now. sorry, I am new (stating the obvious) I do appreciate your clarity and time... maybe one day I can repay you... till then... I'll try to achieve "success by associating" with you kevin

I'm looking for an REI club in Dallas. as you know there are a few. I know topics change. I was looking around and I don't see any commercial stuff.... all seems residental... which is cool.

if anyone knows what club that would be more likely to have more commercial help, will someone tell me which one would... If you know? thanks kevin

ALSO.... what is the forum here that would be more likely to focus on commercial?? I can't seem to find that area.

kevin

I'm in dallas and looking at Ray's course. There are several REI clubs in dallas however, do you happen to know if any of them would be good to get into if pursuing the commercial side? most seem bent to res. thanks

Oh yeah, any help / suggestions mentoring.... hookups etc would be appreciated

kevin

anyone gone through his stuff? he sounds solid

Looking at dif. "guru" programs:
Scott Scheel, Ray Alcorn, Sherry Watson (grant$), David Lindahl...etc
Seems many Pros/Vets are critical of these gurus (which I can appreciate and I'm thankful for the warnings) but most of the sites seem to be "centered" around driving Products or events... or at least they are openly an advertising platform. No doubt these sites make tons in Kick Backs (understandable, cause they gotta make money somehow). That said, here's my question... I am a beginner and I know all the odds are against me so to speak (w/o naming the all)... so, what sector would you advise? what approach? ie, a different course? no course and go to "clubs"? none of the above.. all of the above? thanks for your time - signed confused...Kevin D. (ps... I'm in Dallas/ft worth, TX in case that matters)