All Forum Posts by: Sean T.

Awesome @George P. !!!

I have never used Homepath personally but I just called a friend who has.  He told me it was a few weeks before a response came in but he couldn't say if that was average or not.

Sorry for the vagueness but hopefully someone else can add on!

@Gary Clark Congrats!  Can't wait to hear about the next one.

@Gary Alford  in 2006-2009 I owned(Partnership) a growing company and we got around it by having monthly owner distributions.  Worked like a salary on paper but simplified the accounting for us.  When we sold the company it also made things cleaner because it didn't reflect employee salary rather profit taking.

Congrats on the 4plex!  Unfortunately I don't have an answer but am also curious to hear a solution.

Nice Man!!!

@Kevin H. Welcome and good luck!

I am in the DFW area fairly regularly and always love the irony of the distance between Preston Hollows and the freeway strip clubs ads!  Personally I don't find the heat as terrible as some I suppose but what I do see is tons of building going on, office/residential, with as many for lease/vacancy signs.  I am always fearful to compete with huge cheap luxury apartment complexes a few feet from the same offices these folks will be working in.  

The issue I have with investing in "Booms" is they always end up as busts.  Question is what % of population leaves with the bust and who is left?  

Sounds like you have a niche though so you might be cracking the code we are all looking to solve!

Good luck and better profits!

A general thanks to all who answered above!  Always such great knowledge!

@Adam Craig  would it make sense to get a commercial line of credit against assets?  I am not familiar with rates currently but this could "act" as a semi permanent mortgage option.

@Robyn Coady  one additional option is to seek comparable access.  This is for non-realtors who are "real estate professionals" but really anyone.  This would at a minimum allow you to do comps and the like without having full access.  This could be useful if you have a realtor set up searches for you with their full access and you do this on the side.

Just my .02