David W.
Lurker first post - Orange County CA, San Antonio, Chicago
24 July 2015 | 8 replies
I'm based on Orange County CA, small business owner and work in advertising, television, media.
Jeremy Cohen
Private Lending, Hard Money, Traditional or Transactional?
21 June 2016 | 6 replies
Perhaps you could recommend any investors that could facilitate this transaction.For the past three years I've successfully studied & been involved with over 400 various industries as a designer & marketing consultant.Currently, everywhere you look people are buying and flipping real estate.It seems everyone is buying a home, fixing it up a little, and selling it almost immediately for a sizeable profit.We read about it in newspapers, online, and there were even television shows based on flipping houses.The flipping real estate business model works great.But here’s the good news for you . . .that same business model works in many other areas.You can flip non real estate assets just as easily, maybe easier than flipping houses.You can also use leveraged buy out techniques to alternatively buy & hold already existing businesses similar to properties also.Through the use of transactional funding I've realized that I could borrow a $250,000 swing loan from a bank, give that to the seller in morning.That would make the business mine.Then in the afternoon I could take all the assets that are in the business that I just bought and raise $360,000 (80% of $440,0000) the same day from an asset-based lender.Then I could take $250,000 of the $360,000 and instantly repay the transactional loan.Then, I'll have a $110,000 cash windfall in my bank account, which I could now use to run the business and pay myself a big bonus.The double escrow basically enables someone to do this: I never touch the $250,000 of the down payment monies put into escrow by the lender.The asset-based lender never hands methe $360,000 check.
Peter Pil
bulk REO in own...
9 October 2012 | 5 replies
All of this can be accomplished with one Purchase and Sale contract where the list of assets is an exhibit.
Micah Truman
Rates for property management? Growing quickly, need a little advice...
29 January 2014 | 12 replies
I have yet to meet with them as I want to give them a bit of time in the market to see how they perform.We are still relatively small 18-units, but continue to self-manage because none of the existing PM companies have impressed me, nor do they exhibit a performance that matches our own.
Account Closed
Why oh why do so many agents/brokers omit their lic# on biz card & email?
7 March 2015 | 13 replies
The term “media” includes, but is not limited to, print, photographic, broadcast, and computer media including, but not limited to, such examples as newspapers, magazines, flyers, posters, business cards, billboards, radio, television, signs (including, but not limited to, office, directional, for sale, for lease, sold, or vehicle signs) , newsletters, and the Internet.
David Y M.
Is it difficult to rent to a family while living in SFH?
6 May 2020 | 2 replies
I'm not sure a family would know what to do with you; and how would you provide them the peaceful use of the property - if say - their kid was bouncing a ball in the house or the kids/parents were fighting/television on loud, etc.?
John W.
New Western Acquisitions (Reviews)
23 January 2024 | 118 replies
They exhibit poor communication skills.
Zach Schaar
A&E Flip This House - Sam Leccima SCAM
24 September 2013 | 3 replies
As he said at 5:25 in the video, "It's a television show."
John LaVecchia
Vacation Rental Expenses
28 February 2019 | 14 replies
Washers dryers, fridge stove microwave, toaster oven, coffee maker, pots and pans, dishes and all utensils, bedroom suites, sofas and recliners, end tables, coffee tables, night stands, old style televisions, gas and charcoal grills, the list goes on.What I buy new: linens, towels, pillows, HDTVs.My STRs are for short term working people at a refinery.
Tiffany Roberson
Potential Second Lien?? - TX Foreclosure
2 March 2018 | 1 reply
Match the trustee on the NOD to the exhibits on title to see who is foreclosing.