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All Forum Posts by: Sunny Shakhawala

Sunny Shakhawala has started 6 posts and replied 64 times.

Post: The importance of physical fitness

Sunny ShakhawalaPosted
  • Parsippany, NJ
  • Posts 64
  • Votes 49
@Bryan Clement My physical and mental health is the most important thing to me. I prioritize it above my business, family, wife, etc. If I cant take care of myself, I’ll be in no condition to take care of those I love most. I hit the gym 5x per week. Monday Tuesday Wednesday Friday and Saturday. M-F at 530am. Saturday at 8am. Going first thing in the morning ensures it gets done. I do Crossfit. I recommend group classes. Whether its Krav, Orange Theory, Rowing, Cycling, Yoga. Anything. Guided group practice is so much easier than showing up at an LA fitness and working out alone. Also, group classes tend to be expensive. Which is a motovating factor for me to show up. I also track everything I eat with the MYFITNESSPAL app. If you want to dial in your diet, you’ll have to start tracking.
Hey All, I haven’t bought tickets yet, but I know Tony Robbins is hosting his UPW seminar in Newark, NJ soon. I’m on the fence about going. I guess I’m looking for opinions from people who have been. Also open to hearing doubts, fears, etc for people who have decided to not go, as long as cost is not the main driver. I know BP in general advises against “Guru” programs. Namely $30,000 ones that teach you how to buy homes with no money down. However, I know there are a handful of people in this community that we all look up to that swear by Tony’s programs. Thoughts? Btw. Its $800 for the entry level ticket and closer to $3000 for the “VIP” level service.

Post: If you had 250k in cash to invest in real estate....

Sunny ShakhawalaPosted
  • Parsippany, NJ
  • Posts 64
  • Votes 49

@Ryan P.

Then I’d split it among a note fund and apt syndications.

Post: Private money questions

Sunny ShakhawalaPosted
  • Parsippany, NJ
  • Posts 64
  • Votes 49
@Willie Smith Whatever makes your lenders comfortable. I like monthly payments. I also require the borrower to put some skin in the game. (20-25%) of acquisition cost at least.

Post: If you had 250k in cash to invest in real estate....

Sunny ShakhawalaPosted
  • Parsippany, NJ
  • Posts 64
  • Votes 49
@Ryan P. Are you accredited?

Post: How do you pull out equity on your home after its appreciated?

Sunny ShakhawalaPosted
  • Parsippany, NJ
  • Posts 64
  • Votes 49
@Greg Davis Whats ur current interest rate and term? Youd have to see what a refi would do to your payment (current and long term) I suggest an interest only heloc. Last option is to sell if you can avoid cap gains or 1031.

Post: Seller Financing Amortization Question

Sunny ShakhawalaPosted
  • Parsippany, NJ
  • Posts 64
  • Votes 49
@Sharon Kehnemui @Sharon Kehnemui Initial reaction: way too complicated. Second thought: before you come up with 1/1000 ways to do this deal, have you asked if theyd even entertain seller financing?
@Ben Payano Sell it. 1031 into bigger and better. 110k of equity should profit 800/mo. Not suck 800/mo. Gluck!
@Eric Armstrong You can read Tom Wheelwrights book for Rich Dad Poor Dad Company. Forgot what its called. Would answer your question well.
@Eric Armstrong You nailed it. ELOC or Refi. If your rate is good and you dont want to extend term, just stick with ELOC. Or sell and 1031 into bigger.