Michelle Chan
BEWARE Techvestor / Scoutpads
8 August 2024 | 22 replies
The duo presented themselves as experienced professionals, creating an illusion of expertise and credibility that masked their sinister intentions.Luring Investors into False Promises Dozier and Hagopian developed an intricate Ponzi scheme, exploiting the dreams and aspirations of their victims.
Frank Patalano
So what's holding you back?
19 August 2024 | 3705 replies
Although I am smart enough to know this safety thing is just an illusion. 2.
Ty Clemmons
Hard money loans
25 July 2024 | 24 replies
As you know many companies etc have moved to PML ( Private Money Loans) to give the illusion that the terms are better.
Dani Sounthone
VA LOAN to LLC or not?
20 July 2024 | 4 replies
When done improperly, as so many people do, an LLC is just a "security blanket"; it gives you the illusion of safety and little else.
Dan Hertler
Is SFR Cashflow a Myth?
20 July 2024 | 59 replies
The higher CF you get when you pay all cash from the start is an illusion as far as returns go.
Daniel Bedell
How I Built An Amazing STR The SUPER HARD WAY!
18 July 2024 | 0 replies
True, I never built anything more than a treehouse when I was eleven, but technically a treehouse is a house so…All I had to do was work with Honomobo to finalize the design, get architectural drawings, receive HOA approval, get a county building permit, get a driveway permit, clear trees for a build site, find a logging truck to take those trees to a lumber mill, find a mill, find someone to take the lumber from the mill to my house, dry the lumber, take a semester of woodworking to learn how to make furniture, engineer/permit/build a septic system, get a well permitted and drilled, install a well pump, learn what a pitless is, install a water line from the pump to the foundation, install a pressure tank, connect the house plumbing to the septic and pressure tank, get the the power company to permit and install a podium for power on site, run power to the foundation, connect the power to the house, engineer a foundation, excavate, get two different sized steel wet plates fabricated, pour said foundation with wet plates mounted all at the same elevation in twenty-five precise locations, hire a crane, hire rigger, hire a welder, build a retaining wall because the dropoff from house to ground level was higher than expected, insulate the crawl space on my own by watching a YouTube video to learn how to load .22 caliber cartridges into a ramstead gun and shoot two and a half inch nails through insulation board into my foundation, badger a supply company until they finally delivered the right insulation board, get them to take away the wrong insulation board they brought that was broken by the wind and scattered into pieces all over the property, find an illusive 3x3 foot crawlspace door, learn how to use a core drill to make a four and a half inch hole in my foundation to install a code required fan to vent the crawlspace that my engineer thought was a stupid requirement and failed to tell me about, figure out what the hell going on when the Honomobo project manager tells me the measurements you gave him of the now poured foundation are wrong, have a panic attack, review plans with engineer, realized the project manager was mistaken, scream into the void, get the last available short term rental license application that had a thirty-day expiration window to pass all inspections, coordinate all subcontractors needed on install day, check with the sheriff about parking semi-trucks on the road, rent a porta potty, rent a dumpster, have coffee and donuts for everyone, oversee the Honomobo install crew that didn’t need overseeing, pass a blower test, pass state inspection, pass septic inspection, build a wooden curb to cover protruding rebar for an unpoured patio, build a temporary front door landing that could theoretically be be permanent so as to pass final county inspection, get a certificate of occupancy, pass the county short term rental inspection on the very last day before it expired to get the very last available license so that I could rent the house to make money in order to no have immediately have to sell, pour the sidewalk and patio.
Ian Dale Ibrado
Using Heloc to buy larger multifamily
16 July 2024 | 11 replies
Im thinking, instead of a 4plex at 100k downpayment, Ill use 50k of Heloc to add to my 100k for a total of $150k to purchase a 6plex around 600 to 650k.
Ron DeMaria
On your lease - Do you put yoursef as Landlord or your LLC?
14 July 2024 | 17 replies
I manage a couple properties this way, but am under no illusion that it provides any liability benefits.
Elena Dubinski
Tax Lien Wealth Builders
15 July 2024 | 50 replies
We never got our money back, had to file a claim with CC company.This people take advantage on others illusion of making money, and it is pretty sad.
Don Konipol
After 45 + Years in Real Estate - What Works and What Doesn’t
16 July 2024 | 41 replies
Instant gratification is an illusion.