Carrington Booth
New to BP - Los Angeles Agent and Investor
2 February 2015 | 3 replies
I should have never been approved for the loan (21 year old in college with "poker" income), but luckily all is well with the property and it still provides good cash flow to this day.I will try to make this sound as least salesy as possible (you can see my Marketplace ad for the sales pitch =p).
Ben Leybovich
Does No-Money-Down Work...?!
7 April 2015 | 132 replies
@David KrulacI think true investjng is finding problems and offering solutions and making money using many creative tools.Low level Investing is paying retail, 20% down, non portfolio lenders, obeying conservative bankers, having no reserves puts panic in your lives and many sleepless nights.Gordon Gecko (Wall Street) could not buy Blue Star Airlines without his 72 million in poker chips so he could break it up and sell off the pieces.Gordon Gekko: "The most valuable commodity I know of is information."
Sandy Metivier
Is it best practice to shop lenders?
23 January 2021 | 6 replies
It's not possible to save a dollar on fees or monthly payments if you don't get into contract - in that case, the interest rate is 0%, monthly payments are $0, and loan balance is $0, so you do literally have the best possible mortgage at all, but the downside is that you do not own a home.You get 5 cards when you play poker.
Patrick Gledhill
Rookie Investor Looking to Make First Deal
11 February 2021 | 21 replies
I have been playing the Rich Dad Cashflow game. Really
Justin Goodin
Cities Where Rents Will Rise The Most In 2021!
25 February 2021 | 46 replies
Amazon selecting Las Vegas for this type of infrastructure will bring others to Las Vegas as well.The hospitality industry is still expanding:Virgin Hotels is opening a new hotel/casino on March 25, 2021)The First Atari Hotel Looks Like a Gamer's Fantasy — and It’s Opening in Las Vegas The Boring Company plans to expand the existing underground transit system in Las Vegas.Resorts World, a $7B hotel/casino is opening summer 2021.
Chris Gould
Accountability for your team!
18 February 2021 | 6 replies
I'll do team bonding every other month or so where we get on video and play some kind of game - the JackBox gamers are our favorite.For accountability, mostly trackers.
Miles Tiglao
How do you vet private lenders?
25 August 2022 | 10 replies
If you want to watch the full presentation you can do so on my company webpage, but the highlights are this:RE Lenders require collateralRE Lenders require "Skin-in-the-game"RE Lenders ALWAYS mitigate risks, the primary way they do this, require more "skin-in-the-game" from the borrowerIf you ever find a "lender" that uses a "free" email service this should be a huge red flag.
Andrés Uribe
Equity for Builder - Thoughts and advice please!
20 September 2022 | 2 replies
Lastly, most poker players have a saying "don't throw good money after bad".
Garrett Terrell
Tax Benefits from SFR and MFR
9 April 2021 | 3 replies
I don't shoot to totally eliminate my tax liability by affirmatively attempting to lose money, that's a fools game. Real
Account Closed
Eviction News Update - finally some Good News
10 May 2021 | 59 replies
There are two groups backing this, a social activist usually college educated group with strong socialist ideas and a group of people who have grown up in a subsidy environment where the people doing well are drug dealers/system gamers.