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All Forum Posts by: Account Closed

Account Closed has started 16 posts and replied 172 times.

Post: $200k in six months - long distance RE challenge

Account ClosedPosted
  • Investor
  • Portland, OR
  • Posts 182
  • Votes 115
Sam B. Right on! Will stay tuned

Post: Hating Banks== Just Don't

Account ClosedPosted
  • Investor
  • Portland, OR
  • Posts 182
  • Votes 115
Jay Hinrichs that is great info—- It would appear that having an experienced partner would help too. Everyone- no matter where, always has that “start-up” phase, no one knows you etc. I think partnering up would be a good strategy for the “new guys” on the bloc. I did it in my market- could not imagine starting any other way “alone.”

Post: Hating Banks== Just Don't

Account ClosedPosted
  • Investor
  • Portland, OR
  • Posts 182
  • Votes 115
Ron Flatt That is great advice. Thank you. When investing in other markets—- Find a property manager, 2 real estate agents, 3 banks, and 2 other successful investors.... oh, and PE guys... That’s what “they” say anyways—- going to be trying it out here sooner than later as we grow!

Post: Hating Banks== Just Don't

Account ClosedPosted
  • Investor
  • Portland, OR
  • Posts 182
  • Votes 115
Jim K. wow- very smart guy!

Post: Hating Banks== Just Don't

Account ClosedPosted
  • Investor
  • Portland, OR
  • Posts 182
  • Votes 115
Jim K. no offense. But the Greeks were fin lazy. It was a good run for 40 yrs- living on other peoples hard labor. But it’s over. Blame the voters. I do not want to violate BP terms of use here so I will not comment. My post is in regards to small scale investing etc.

Post: Hating Banks== Just Don't

Account ClosedPosted
  • Investor
  • Portland, OR
  • Posts 182
  • Votes 115
Jay Hinrichs Very Impressive! But... everyone was battling the same things and they curled up instead of spread out. Very smart 36 month strategy! Did it stop you from doing deals? Hell No! You dug back in. I saved that as a screenshot- hope you don’t mind, warrior.

Post: Hating Banks== Just Don't

Account ClosedPosted
  • Investor
  • Portland, OR
  • Posts 182
  • Votes 115
Bryan Devitt yes- I have to admit, I got “caught up” in the bank hate—- lesson learned for sure. Admit mistakes and move forward!

Post: Hating Banks== Just Don't

Account ClosedPosted
  • Investor
  • Portland, OR
  • Posts 182
  • Votes 115
Jay Hinrichs agree’d my friend. Luckily I have seen upfront and close the different ways to fall on your face in this business at an early age—- wholesaling being one of the TOP 3 ways imo. A lot of ***** work, alot of stress waiting for the deal etc. I would much rather buy 160 lots in NW Oregon and build homes for homeowners 👍

Post: Hating Banks== Just Don't

Account ClosedPosted
  • Investor
  • Portland, OR
  • Posts 182
  • Votes 115
Roger Steciak I came across a story a yr or so ago where an investor walked into a PE firm (ya know- the people who actually have the money!) and asked them what they “look for.” After getting the info- went out and put 150 deals under contract in 4 months and walked his *** right back into their offices and they closed the deal. TIP: Find the money first? Find out what they bank “likes” and go from there? Would love to hear more professional input Jay Hinrichs

Post: Hating Banks== Just Don't

Account ClosedPosted
  • Investor
  • Portland, OR
  • Posts 182
  • Votes 115
Jay Hinrichs I don’t think BP is ready this morning for all of the GOLD you just spilled in your last comment. I agree 100%—— I just had a DOOMSDAY investor saying the market is going to crash and burn next yr, and wanted to cut my fee’s because his bank raised his interest rate to 6%. I had to send him this text when he messaged me personally on FB. And I quote. “You are ****ing stupid. Interest rates are at the lowest rates in 5000+ yrs, if you cannot make it work now- good luck. My staff works too hard to be treated this way. Do not invade my privacy with your negative thinking and short sided mindset. Consider this a 30 day cancellation of managing your property. Do not ever talk to me again.” These people have an extreme scarcity mindset! Love your attitude (maybe why you are so successful? I think so)