
12 June 2017 | 9 replies
Is it entrepreneurial suicide to divulge your business plans to your prospects before talking to them?

17 June 2018 | 16 replies
Unless you have a large client/fund that would support the business, starting from scratch and having never been an agent/broker seems extremely difficult, if not suicidal.

18 September 2015 | 12 replies
That seems like financial suicide to me!

19 September 2016 | 15 replies
It is suicidal because they most investors get crappy deals and underestimate the construction costs by 50%.

16 June 2017 | 48 replies
@Luis Fernandez my self and most folks with my experience level will never recommend D class or ghetto class for out of state investors.. its financial suicide.. streets are littered with folks that got wiped out thinking they knew something others did not.. or simply were naïve with 100k in cash .. you can leverage into NIce B class in the mid west deep south.. both will perform with a certain amount of certainty and will cash flow higher than CA or at least the expensive parts of CA.You need 10 doors if you going to be in the rental business and you need that amount as fast as possible.

14 March 2017 | 3 replies
1.EquityIt's not a surprise that the stability in the market over the past decade since the sub-prime crisis can be linked to the elimination of NINA and NINJA loans.When investors must have a skin in the game,speculators leave the industry for the real professionals who actually know what they are doing.Speculators belong in Vegas.True professionals don't hold 90-100% of their portfolio with less than 3% equity.That's a suicide party waiting to happen.We are not a fan of this whole "creative financing" and "No money down (NMD)" movement on BP.It's cool if it helps gives some average Joe their start in real estate,but when it becomes your sole strategy,you will surely get eaten when the apocalypse arrives.We currently hold all assets in a 25% Equity position.You don't have to be the only one coming up with equity.Find partners.Skin in the game is where it's at.There's a good reason banks talk of LTV and DSCR when you apply for loans.The new government may get rid of all that as part of the coming repeal of all those "evil" regulations.Currently,on many of our duplexes,rent from one unit alone covers the mortgage payment.We believe that to be almost recession-proof.2.Location!

1 November 2016 | 0 replies
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10 June 2019 | 4 replies
I did several deals in NY, and if I recall correctly, NY does not require disclosure of murder, death, or suicide at the property.

28 January 2019 | 5 replies
In most states you only have to disclose a violent death like a murder or suicide or death resulting from a defect in the property.

29 January 2019 | 20 replies
An example that can be costly is a suicide inside the property.