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17 June 2013 | 14 replies
None for me Brian Jones but I wouldn't be opposed to it.
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11 October 2017 | 45 replies
Originally posted by Jimmy Moncrief:You made the choice to favor "tax write-offs" instead of profit and this is what underwriters like me look for to underwrite a loan.This is an aside, but thought some might be interested...Just to add some color on why Matt probably prefers to claim "professional gambler" status as opposed to something else -- it's not just for the tax write-offs.
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20 June 2013 | 7 replies
Selling is not an option because the property is only worth about what I paid for it but to be sellable (as opposed to rentable) it will need about $40,000 in work (roof, flooring, windows, etc.)Thanks everyone in advance, much appreciated!
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26 June 2013 | 11 replies
I use my extra money and borrowing ability to buy cash flow rentals out of state that actually really cash flow as opposed to a maybe break even asset that my only hope is for the market to trend up and is based on what someone in DC decides to do that effects the economy as a whole, or what 1 million other people in my local metro suddenly decide that pushes value one way or another.
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5 July 2013 | 25 replies
Are you using your own attorney, as opposed to the HUD selected closing co. as Ted said?
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13 July 2013 | 10 replies
The CFP probably wouldn't be nearly as important unless you need someone handling your brokerage needs (Most push stocks/mutual funds anyway).You want opposing opinions.
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5 June 2015 | 52 replies
If you have ever said anything that I was really opposed to, you would have heard about it.
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30 June 2013 | 13 replies
While 350 letters is not anything huge, I'm more a believer in the system you have set-up to market to those 350 people (opposed to simply the "number" you send out).Meaning (and this is nothing new, there is a ton of information on BP about it), you need to have a system and budget allotted to contact these 350 people over the course of time.
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29 June 2013 | 33 replies
They lack credit, as opposed to having bad credit, because they don't use credit cards and don't have car loans.There are also a lot of people with bad credit from their BK or foreclosure in the past few years.
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2 July 2013 | 26 replies
I appreciate the opportunity to make my mistakes here in this forum and via email as opposed to out in the world.