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Results (10,000+)
John Oitice financing issue
3 April 2015 | 2 replies
i have a slight issue and have heard horror stories about leading i just started my llc for my investing business and found a great opportunity to buy a commercial mixed use building located in my home town in new york. now i guess my question really is what do you think the best method to finance this deal is without any assets in the lcc at the moment 
Brian Gibbons Stay motivated
6 October 2016 | 24 replies
thank you BenThank you JohnRegarding self-employment over a w-2 jobWhen I was just out of the Marine Corps and I had this job at Johnson Controls engineering firm because I was a science major, had a lot of calculus physics and chemistryMy job was to sell to developers and builders That wanted air and water  control devices and I was on straight commission basicallyI had like $20,000 in commissions that they  didn't pay me for I got really upset and at 25 yrs of age I didn't have very much EQ, and my emotions got the best me I basically even went to a lawyer and asked  how can I get my 20,000 in commissions here's the proof they owe me the moneyMy lawyer says it's gonna cost you 10,000 in legal fees to sue them at a minimum he's going to need that upfront as a retainerAnd then there was no guarantees I would get the 20 kThat's why I made the commitment at 25 never ever ever be a W-2 employee and I work as a 1099 alwaysThen I found a real estate 60-year-old mentor who taught me everything from distressed property to foreclosures to divorce to bankruptcy to probateI work for five hundred a week for 2 and a half years and then opened up my own business and did approximately 28 seller interviews a weekMy closing ratio in the beginning wasn't very good because I sucked at itBut with the good coaching from my teacher I got better and better and betterI quit after 2 1/2 years and started my own company on a shoestring it wasn't easyBut I made over hundred thousand dollars my first year if it wasn't for the teacher I would not know how to run a business and I would not know how to hire people and I would not know how to market and I would not know how to negotiateAnd you never stop learning because I made a Ton of money I was 29 and I made over 1 million and a quarter I rolled it back into the company which was a mistakeBut live and learn!
Wesley Weber Help me understand - is this viable process?
5 April 2015 | 5 replies
Traditional bank financing is out, Being an investment and being self employed with low income after tax write offs, so I opt for private or hard money lending with an interest only loan as traditional financing is not currently available to me.After rehab I now have 40% equity in the home (property now appraises for $233,000).
Verna M. Sole Prop For Married Couple Or pay spouse as contractor?
15 April 2015 | 1 reply
He's the  handyman and carpenter, as well the good cop  ;) So from what I was looking at on the IRS site if we own the sole prop as a married couple we have to file two Schedule C and both pay the self employment tax?  
Phillip Syrios Got Denied on Prosper.com with a 740 credit score
7 April 2015 | 7 replies
@Phillip Syrios They probably look at debt/income ratio, credit limits, card utilization, length of employment, delinquencies, and bankruptcies.
Osiris Estrada New to Real Estate in Lynnwood, Washington
8 April 2015 | 9 replies
Before you spend any money on education, go to these meetings and talk, talk, talk to the people who are doing the strategies you want to employ.
Darius Davis Reliable contractors needed for portfolio of 40 SFH, and duplex units.
8 April 2015 | 3 replies
I need some reliable repairmen on the roster: General HandymanElectricianCarpet and flooringRoofingPlumbing and sewerCarpentry/DrywallPaintingCleaning/TurnoverTrashoutsYard CareIf you would like to get on my list please send me an email with your contact info, website or review info, and your general pricing rates/structure.This is not an offer for employment.
Eric Dandridge gaining capital
6 April 2015 | 2 replies
How or what is best method for creating capital to make my first purchase. 
Inna Young no agendas or minutes to the remotely located owners
12 April 2015 | 2 replies
Brief overview (It appears they have to give 48 hours notice or 7 days notice of meeting)  The method for the Association may deliver this notice is Not consistent. 
Travis Washington Assessed Value
6 April 2015 | 1 reply
Our opinion:  the weight/consideration that should be given to assessment is timing (i.e. when is the next assessment going to happen); any changes in assessment methods that a State/county is considering & exemptions that will not be applicable to an investor.