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17 November 2017 | 2 replies
Do you want to take the hit of US $ -> CAD $ conversion each time or accumulate US $?
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11 December 2017 | 18 replies
The unsecured loan was for 90 days and only a balloon payment with accumulated interest.
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20 November 2017 | 14 replies
The reason is people work very hard to accumulate wealth and they don’t part with it easily.
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22 November 2017 | 5 replies
My best friend from HS has been working diligently for a long time and has managed to accumulate about 100k in cash savings.
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23 November 2017 | 17 replies
Friends, family, even people I found from posting ads on CL have enabled me to continue to accumulate more properties...which are income streams.
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29 December 2017 | 11 replies
I took all my knowledge I've accumulated over my 30 years being in the construction business and started flipping properties. it started out as a Las Vegas venture but after I caught the bug I expanded to 3 states.
27 November 2017 | 7 replies
Not only are you going to accumulate school loan debt, but you're also going to sacrifice the earning capacity of the years you spend in school.If I had it to do over, I'd have skipped college altogether.
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27 November 2017 | 7 replies
Hey there, I’m a new investor currently collecting info on various properties in the local area and wanted to get y’alls thoughts...If one is just starting out investing with the following goals:-$5k/month cash flow within 5 years-multi-fams / single family / apartment buildings I have a combination of accumulated personal savings and over $200k available in the form of a HELOC (debt free home)What are your thoughts on buying a few multi-fams/single fams vs buying the biggest apartment building I could afford?
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3 May 2019 | 17 replies
We incurred a net loss for the years ending December 31, 2017 and 2016, and had an accumulated deficit of $11.5 million and $7.4 million as of December 31, 2017 and 2016, respectively.The consolidated statements of operations below from the same SEC filing shows 2017 net loss of $4,085,485.For the yearendedDecember 31,2017For the yearendedDecember 31,2016Non-interest revenue:Origination fees$871,771$218,862Servicing fees509,939237,943Total operating revenue1,381,710456,805Net interest income (expense):Interest income2,287,701901,234Interest expense(1,921,693)(842,419)Net interest income366,00858,815Net revenue1,747,718515,620Cost of revenue(251,431)(131,753)Gross profit1,496,287383,867Operating expenses:General and administrative1,082,1371,083,200Sales and customer support1,316,356826,289Development678,844590,396Regulatory457,844596,687Marketing and promotions1,338,635983,812Total operating expenses4,873,8164,080,384Loss from operations(3,377,529)(3,696,517)Interest expense707,95643,695Net loss$(4,085,485)
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17 December 2017 | 5 replies
Long term/short term hold , cash flow/asset accumulation, property appreciation/protection, and price range are just a tip of the iceberg.