All Forum Posts by: David VanSteenkiste

Hey Steven,

Thanks for the input. Will Mortcare also generate a monthly statement/invoice automatically to either email or mail out? Can it facilitate automatic deposits?

I flip land on terms. The size of the notes are pretty small, so paying $20/mo on a $99 payment doesn't make sense. I'm tired of managing notes on a spreadsheet and need to automate. Does anyone have a note servicing software they recommend?  Can Quick books do it?

Excellent, thanks. That's the general area I've been starting my search. Texas and SE.

If you had to pick the top 5 mkts to buy apartments over the next18-24'months, which markets would they be? Ok to list submarkets.

Two sides to this:
1. The effectiveness vs other methods and time consumption
2. Legality
From the effectiveness side, I have heard many RE investors swear they are their most effective method, by far. Many others, not so much. I have only been doing bandit signs for 4 weeks now in norther CO and have only received 2 calls, one from a private lender, the other from a non-lead.
From the legal standpoint, yes, technically they are illegal. No more illegal than a realtor's open house sign though. Some areas code enforcement is nasty, other areas, if you only put them up late Fri-lat Sun, you will probably never have an issue.

You all completely missed it. This law has nothing to do with health care. It has everything to do with control. The road to socialism starts with universal healthcare. For years progressives have cHipped away with their social programs, getting more and more Americans on the government dole. At some point there will be so many on the dole that it cannot be reversed. Debts and deficits will continue to rise as there is less output from the private sector and as taxes are raised to attempt to raise revenue (the. Oppossite l happen). But people will not have the will to suffer the pain and will ultimately keep respecting the liars whom promise them Utopia.
Sad how history keeps repeating itself because we are too lazy to open a history book and just suck up the regurgitated bull crap that our media and politicians spoon feed us.
I have lived in Europe and experienced their hc system. It ain't so great. And look what is happening to them now. Too much social spending on things like health care.
There are many common sense ideas that could greatly improve the current hc system. The gov screws up everything it touches, so why would you be nuts enough to trust them to run hc effectively? If the law were so great, why did they need to ram it thu? Why is it 2700 pages and include school loans and other crap ?
At the end of the day, pure and simple this is a huge leftist power grab, nothing more.
I could write anothe 20 pages, but I'll stop here

Here are a couple of links if anyone would like to blow thru the crap and understand the power of permanent life insurance and understand a little bit about infinite banking concept:

[url]http://infinitebanking.org/news/10-questions-with-nelson-nash/

[url]http://www.nuwireinvestor.com/articles/be-your-own-bank-51057.aspx

reference as why not to buy indexed equity LI
[/url]http://infinitebanking.org/news/the-top-10-reasons-not-to-buy-equity-indexed-universal-life/

There is a ton of good info out there. Just google it. But Nash explains it very well.

Joe,
The interest rate is owed back to yourself. So, technically you should repay yourself with interest. When you repay yourself with that interest your CV also increases by that amount. Its a beautiful thing. Then you repeat the cycle.

The people who don't believe in whole life do not know what they are talking about. Forget about the insurance part. Just google "infinite banking". That will explain the power of whole life insurance. Talk about the power of leverage.

It is a tough decision. Sounds like you are being very careful about it. A few years ago I jumped ship because I had a good chuck saved and a few investments and I did not want to move to where my company wanted me to move. Yet, I was also at a salary level in a unique position that was not easy or possible to duplicate. My biz never got off the ground and I ended up taking a new job, a good job, but still at a significant pay cut. I stayed at that job for 2 years and during the last 6 months of it sensed instability in the company, which is when I started doing REI. I was consequently laid off, but have fortunately built up enough rental properties to provide adequate income to live on (live on), not yet thrive. RE inventory is tight where I live and, yes, banks don't like me as much. Therefore I am actually looking to go back into the workforce as I think I can build my wealth much more quickly, A. with better borrowing capacity and B. with additional income to pay down investment mortgages and buy more.
So, way the pain vs gain into your plan and wealth goals and make the decision based on the numbers rather than emotion. Trust me, its much harder once you have had it and let it go than if you never had it.
Good luck