All Forum Posts by: Douglas Dowell

The entrepreneur's handbook if there was ever was one.  It's been my experience the mastermind concept has made huge impact on my progress over the past year because of executing the principles.

I think the modeling project he undertook is the real genius of the book and why it endures.   Getting mentored by Andrew Carnegie?  Yep. Read that book and that's the effect.  

Hello Steve,

I am very interested in the business model as well.  I would check out the Pitbull Hard Money Conference and a book by Sal Buscemi call Making the Yield.

Failed to also mention @Chris Winterhalter  is crushing it in your space as well.

Congrats on the deal Randy.

I would take a look at @Michael Blank articles and podcast.  He is in the apartment space but he has the roadmap laid out.   I also recommend taking a listen to  Kevin Bupp's podcast. 

The best advice in raising money lately I have heard relates to center of influence marketing: CPA's, real estate attorneys.   Also, I think raising money first makes the most sense.

I agree @Chris Martin I think what seems to be going on is a classic political slow roll in our favor this time.   Some people in Washington will make noise to score political points while never intending to actually do anything.   

Fraud was the real problem imho any way.  It was from main street to wall street.   Check out this:

http://blog.metrotrends.org/2014/11/data-clear-ultra-low-payments-arent-risky/

Hello Kyle,

I did some research in law school about this exact question. My conclusion was the political barrier to utilizing TIF is daunting.   The diversion of public tax base revenue or suspension thereof has always been subject to intense political debate. Very similar to debate when public funds are proposed for a new sports stadium. The state statutes define "blight" differently and that's where the battle ground is.

The very real constraint in my mind  also public coffers were decimated by the great recession and they need every cent of the tax base rolling in.  It seems to me that the appetite to grant TIF districts has always been controversial but with strained tax base I would guess even more daunting.

I have never personally been involved in this space so my experience is limited.  This is just my take on the state of TIF.

For a real estate deal he would not.   To pay a commission for a real estate security sales...almost certainly. 

Going absolutely nowhere.   I agree with this solid piece.

http://www.housingwire.com/articles/31958?utm_content=buffer38a16&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Do you have a series 7 license?

I agree with above.  The two options: 1) assign the deal when you have it under contract.  2) Close with private money or perhaps transactional funding.  Under option 2 your profit spread is not disclosed.  Therefore back to the key point is it still a smoking good deal for the end buyer?