Braden Smith
Housejerk?
29 March 2022 | 13 replies
Here is some new info:Decker Randolph, profiled in WWL-TV real estate investigation, arrested by JPSOhttps://t.co/UsqbnWiWN5http://www.wwltv.com/news/investigations/un-real-e...http://www.wwltv.com/news/investigations/man-profi...http://www.wwltv.com/news/local/investigations/kat...http://www.ripoffreport.com/r/faithful-real-estate...
Peter Hanson
21 months in, 15+ deals either done or in the pipe
18 July 2018 | 42 replies
deals 7 and 8 had a partner - he found the home, I fixed it up, managed the rehab, he sold it, we split the net profit...these were ok deals we split $20,000 on each deal but they took 5 months and 9 months respectively due to issues with contractors doing shoddy work....so if you figure our profit at an hourly rate these were not barn burners...but hey it's $20,000 I didn't have before, so I am fine with that#8 paid $265K used hard money, spent ZERO on rehab, wholesaled it in 12 days for $360,000, that was a nice one (sad back story on this one, owner of the property was busted for selling drugs and arrested, then deported to Mexico, so wife took over the drug selling biz...then she got popped, in order for me to be able to close on the home, Escrow had to go to the jail to have the wife sign, then hire a mobile notary to drive down to the SD/Mexico border to have the husband sign) death, divorce, drugs, disease....the 4 D's that create real estate opportunities, sad but true#9 paid $205K used hard money, spent $25K on rehab, sold for $300,000#10 paid $90K for 3/2 SFR, used hard money, spent $3500 on rehab, rented out for $800/month, slight negative cashflow currently (-$150/month), market value is $130K now, plan on refinancing into better loan in 3 months, will cashflow $300/month after the refi#11 paid $108K for 3/1 SFR used hard money, spent $3000 on rehab, rented out for $850/month, slight negative cashflow currently (-$190/month, market value is $140,000 now, plan on refi into better loan in 3 months, will cashflow $150-$200 after the refi#12 paid $125,000 for 4/2 SFR used hard money, spent $0 on rehab, house already had a tenant in it paying $900/month, will be raising rent to $1150/month, market value is $160,000, plan on refi into better loan in 3 months, will cashflow approx. $500/month after the refi#13 invested $50,000 with my parents to buy a triplex, for $530,000, property cashflows $1000/month from day one, and value has increased to $650,000--------------------------------in current pipeline/in escrow - thru these deals I've made good friends and I've made my hard money lender some good money, hard money lender let me know he has $5,000,000 +/- sitting in the bank looking for houses to invest in, and he's given me the green light.
Luz F.
After I received deposit I discover criminal background.
18 March 2008 | 4 replies
Anyway, she was arrested in December 07 for possession of cocaine and driving with tags that did not belong to the vehicle.
Rich Thoms
Possible winner (crossed fingers)
18 August 2008 | 13 replies
The owner should be arrested.
Jordan Shane
Tell me what you think of this deal...
31 January 2009 | 17 replies
Release of all liens by all contractors and their subs must be granted or you should not enter into the deal.Many don't know this, but in some states, it is actually a crime and the contractor can be arrested for this.As for if this was a real deal or a "dog and pony show" as it was phrased, I am not sure.
Jeffrey Hanlon
Tenant Issue, what would you do?
31 October 2008 | 4 replies
You could not have them arrested because they have a lease.
Kel S
Squatters - Would this consern you?
2 December 2008 | 6 replies
Within a couple of months, this place would be stripped and drug dealers would be living here," he said, carrying a giant plastic garbage bag filled with Pierre's clothes into the home.He said he is not scared of getting arrested."
Da Deep
Buying FSBO Short Sale Without Agents
21 September 2019 | 89 replies
oh, I also found out the HO has been arrested a few times. disorderly conduct, resisting arrest, drunk driving.
James Hiddle
Largest Fraud In History ($50 Billion)
27 December 2008 | 7 replies
NEW YORK (Reuters) – Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday with allegedly running a $50 billion "Ponzi scheme" in what may rank among the biggest fraud cases ever.The former chairman of the Nasdaq Stock Market is best known as the founder of Bernard L.
Joshua Dorkin
What's Important to You in a Political Party
18 September 2009 | 51 replies
Tax the hell out of the drugs, help the users who need help, arrest those who drive or commit crimes under the influence, and wave goodbye to those who overdose.I want a party that will mandate term limits so that no one can make a career out of politics.