
11 January 2014 | 5 replies
But I also believe that If I want to attain all of my long term goals as a REI that I am going to have to expand my comfort level and expertise into different areas of investing.

13 January 2014 | 11 replies
Hey Josiah,I work mostly in flips, so cash flow questions are not my expertise.

14 January 2014 | 47 replies
That would be the ideal scenarios since many investors that have money and are accredited like to be able to cherry pick investments instead of being solely passive and participating in all of the fund's investments.I found these 4 verification services today:Accredited Investors SolutionsSecond MarketCrowdentialsAccredited Investor Verification Serviceit appears they have different fee structures and models, but $100 is the flat fee from the first company on the list.

12 January 2014 | 10 replies
When I run models for clients I do not include the tax component as everyone's situation is different for the investment.If someone tells me to plug in a specific number then of course I can.Any investment my clients run by their tax advisor to see what the taxes look like.No legal advice.

26 February 2014 | 16 replies
I modeled the install after seeing this set up on YouTube.

13 January 2014 | 9 replies
We're not really contemplating a portal, but if we had time to build one we do have the expertise on our team to do so.

31 January 2020 | 101 replies
Your 65K house may not be at market, but it's the cost of acquisition as well, so legally you're at 65K without drapes I guess.Nothing says you can't get a good deal.I'm totally aware of how all this works, how investors or dealers acquire a property and borrow more than what it's original purchase price was or at full value showing higher values based on repairs made or other comparable properties, how partnerships can be formed, how interests can be pledged and the justifications given, so I won't go down that long road either.I'd expect you to stick by your opinion, I've never known you to admit even being slightly off on your opinion since I've been here, that's not saying you're right, but I understand that when your business model is touched upon you are very protective of the basis of operations and that's fine.What I stated stands in court, gurus have been nailed over such claims.

13 January 2014 | 5 replies
A Realtor/Escrow Agent/State RE School instructor, that guy has an incredible ego.They also left out the appraisal requirements at the seller's expense as Curt mentioned..I suppose every time some RE type mentions this stuff people need to look at their expertise in finance compliance and law, then look to the agenda of that party giving that source of information.Why don't people find out that auto sales and financing is much easier than RE or brokering T-shirts from China to stores can be very profitable with very little cash?

15 January 2014 | 32 replies
One of them stuck with it and retired on the income from her apartments about 10 years ago.If you are investing to gain the admiration of adoring crowds, you can follow the guru model and just pretend you did it and talk about it.If you are investing to provide a secure future for yourself and your family, just roll with it.