All Forum Posts by: Karen Parker

I trade FOREX. It's real easy with the dollar falling off the cliff.

Rich, I thought you might like to know your video has been removed (golly gee whiz, I'm shocked) because I really didn't need to see it after reading Lee's forum.

Lee, I don't know if "enjoy" is the correct word to use on this topic but the info in the forum was good. Thanks.

Stephani,

How are you driving traffic to your blog? I've tried some affiliate marketing and haven't had a lot of success. Other than through social networking, are you using any other techniques?

Sorry :0 BS lol!

Or maybe he's referring to jobs in Canada and Australia that have been created from the exodus of those in the US in an attempt to escape drowning in ********.

Lee I got a variation of your surgeon joke went like this:

Medical Conference

An Israeli doctor said to a medical conference,

"Medicine in my country is so advanced, we can take a kidney out of one person,
put it into another and have him looking for work in six weeks!"

The German doctor stood up and said,

"Well, medicine in my county is so advanced we can take a lung out of one person and put it into another and have him looking for work i n 4 weeks"

The Russian doctor got up and said

"My country is even more advanced, we can remove half a heart from one person, put it into another and have them both looking for work in just 2 weeks!"

Not to be outdone, the American doctor stood up and addressed the conference,

"Well" he said , "My country is so far advanced in medicine we can take an a**hole out of Chicago, put him in the White House, and have half the country looking for work in 24 hours!"

Chrisy,

As a wholesaler, I have both bought and sold properties in less than 4 hours. Some of these were out of state. In the 20th century, we use the internet. We have access to all sorts of information and services. I've posted a property online and had a buyer from another state call an inspector who went over to look at it and within an hour had faxed me a contract on it.

As a bird dogger and wholesaler, there are many reasons why a deal may fall through that are beyond our control. The most prominent today being that the lender pulls the funding at the last minute, If all of your deals have closed, I would say you are either lucky enough to be in a hot market area of the US or are very selective about who you are working with from the starting line. As a bird dogger, I am not going through the process to check credit. That is the lenders responsibility. And even if I did its a waste of time. I've see people with 750 credit scores at the closing table have their funding pulled because the lender got a wild hair up their butt about something.

Originally posted by Curt Davis:

Michael,

This is just my opinion for the difference between bird dog and wholesale investor.

Bird Dog - No cash or credit, new to investing, looking for a quick buck ( but aren't we all )

Wholesale Investor - Has cash and credit, usually can close on deals, gets the best deals from the bank, has a team of professionals in place.

Again, this is my opinion, some of my info might be incorrect but this is what I have seen from bird dogs.

I think this is way too cut and dry. I have been in this business several years so I'm by no means a newbie. I started out as a wholesaler with cash and credit but with the market the way it is in Florida, I can make more money Bird Dogging. I know other investors in the same situation. This is by choice, not by necessity. I had one bad deal that threw my credit in dumpster a few years back so the banks think I have the plague but I still have accessible cash and quite frankly prefer creative financing and private money to the banks to close on deals. Its simply less hassle and runs my blood pressure up less. But why would I want involve myself so deeply in properties that could drop thousands of dollars in value before I even can close on them and find a buyer?

I'm having having a stroke...no more Firebirds? Ever? :(

The property is a rather nice one so the rent was closer to $1800. I made several newbie mistakes in that the property was meant to flip, I spent too much on the rehab, the market flopped and I could not make any money by selling so I rented it. Newbie mistake number two was trusting a mortgage broker that got me in a really bad loan and newbie mistake number four was I rented to a so called friend. Info for any other newbies who may not have $100K plus they want to flush down the toilet ;) Mike, I agree with you that I don't think I will ever collect and it would be a waste of my time and money to pursue it so I have not.