Lorraine Hadden
Is AN 800+ FICO CREDIT SCORE EVEN POSSIBLE?
9 December 2024 | 38 replies
There's no need to get that intense, but the discipline required keeps checks & balances well structured.
Jorge Borges
Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
You mentioned that your objections keep getting answered and at the same time are concerned for when it doesn't work out.
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
Likewise, I’d need to work out how prospects would tour properties safely, legally, and at minimal expense.
Elwin Green
Just introducing myself
25 November 2024 | 14 replies
I have a feeling things will work out a lot better.
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
Think about how stupid that messaging is, to say over-paying is "ok" long as the financing is some jazzy uber leveraged thing because your supposed to ostrich and assume everything will always work out a-ok.
Robert Quiroz
Buying with cash vs financing
2 December 2024 | 33 replies
I know you mention $400,000+ multi-family properties - but the numbers below will work out the same regardless of price point - I just chose simpler numbers to make the calculations easier to follow:Example: $100,000 house - $1,000/month rent, $100 taxes/month, $100 Insurance/month - 7% on Financing Cash Versus Financed:Cash:$100,000 invested
Anthony Jackson
Norada Capital Management Promissory note investment
8 December 2024 | 37 replies
Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great
Don Konipol
The Big Difference in Passive vs. Active Investing
27 November 2024 | 10 replies
He can try to work out a modification of the loan in some way, and there are literally dozens of different types of modification that may be appropriate for any given situation and may prove beneficial for both parties.
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
I like BP, although BP also tries to sell me certain products, at least they are upfront and transparent about their intension unlike RDPD who baits and switches.
Tanya Maslach
Corporate / MTR data in Columbus
25 November 2024 | 2 replies
Hi all,I've met and spoken with a few great prof's in the Columbus area, and since then, have made 2 offers on home (both didn't work out).I'm going out to visit in December to meet with and talk to a few people; including sellers directly.My question is for those of you who have experience and a few properties + in the mid-term / corporate rental realm.How have your vacancy rates changed over the last year to 2 years?