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All Forum Posts by: Christal M.

Christal M. has started 1 posts and replied 13 times.

Post: Just SOLD my 2nd deal with DoHardMoney.com!!!

Christal M.Posted
  • Professional
  • Warren, MI
  • Posts 13
  • Votes 13

Hello Christi...I think that is a good question.  I work to help clients like those in SC get back on track with Forbearances and hopefully move forward from this situation.  I believe by you thinking ahead and finding ways to help others rebuild their community while making a profit is a good ideal.  I am sure we all remember the housing crisis and when neighbors lost their homes and how every vacant home unfortunately resulted in property values dropping.  I believe with your heart in the right place, it can be a win/win. 

Post: Unhealthy Frugality Disease

Christal M.Posted
  • Professional
  • Warren, MI
  • Posts 13
  • Votes 13

Ok Wow Julie!! I just recently received my degree in Finance and I'm working on getting my CFP certification (I am not licensed yet so these remarks are just my opinion.) A client like you are what we have dreamed about from day one...Lol. It sounds like you have the hard part perfected, which is so crucial, start saving! Nice Julie! The hard part for you is done. You stated you use mint.com which is a great website. It sounds like you have everything set up for saving, investing, hopefully 401k, IRA's, etc. My suggestion for you would be to set aside saving funds for those emergencies (Tires) so when they come up if you haven't already. This way you will not feel the pain of the emergency and if you don't need it, fine then it just grows but we all know in life they will arise. Secondly, you should set aside a Fun Fund, $25, $50, $100 a month, whatever you feel fits your budget just to splurge. This splurge is a gift for you by being so good by reaching your saving goal of $2,000 each month. This will not only help you feel like you are living more but it will also bring more happiness emotionally and psychologically to your saving habit which will create a win-win in your life. Good luck Julie:-)

Post: Real estate invvestor from Michigan

Christal M.Posted
  • Professional
  • Warren, MI
  • Posts 13
  • Votes 13

Welcome to BP, you are at the right place Roy.  Much future success to you and please reach out if I can assist.

Post: Finding funding for fix and flip

Christal M.Posted
  • Professional
  • Warren, MI
  • Posts 13
  • Votes 13

Welcome Darius. You are at the right place. My recommendations would be to reach out to Investors in Chicago and try to network with them. You could possibly take them out to lunch and try to make it a win-win situation. You can also Google Hard Money Lenders if you are not looking to receive a mortgage or if you are not looking to wholesale. Good luck Darius! I hope this helps.

Post: Funding for a first timer in Michigan

Christal M.Posted
  • Professional
  • Warren, MI
  • Posts 13
  • Votes 13

Welcome and Good Luck!

Awesome Adriel!! Rinse and repeat...not the mistakes of course :-)

Post: Real Estate Investor in Michigan

Christal M.Posted
  • Professional
  • Warren, MI
  • Posts 13
  • Votes 13

Welcome Ashley! Much Success!!

Post: New Member from California

Christal M.Posted
  • Professional
  • Warren, MI
  • Posts 13
  • Votes 13

Hello Lance I stay in Michigan and I am finishing up my Bachelors in Finance. I have some experience in landlording with multi-families and fixing up single units. If you have any questions, let me know and I will do my best to answer them.

Post: New (Again) to investing

Christal M.Posted
  • Professional
  • Warren, MI
  • Posts 13
  • Votes 13

Hello I am a somewhat newbie to real estate investing because I invested in the past but I am just now returning after a few years. I am excited to find this site and I am ready to soak up as much information as possible and meet some amazing investors that I can learn from, grow with and help as well.

Post: Renting current home while fixing up REO

Christal M.Posted
  • Professional
  • Warren, MI
  • Posts 13
  • Votes 13

Well Paul you already said you have the rose colored glasses on so you can expect some things to go unfavorably to say the least.  The time-frame of one year will probably be extended six extra months and it will probably be more expense than you expect.  I would hold off until I found myself more established financially. If your like I was when I started, I was young with no children and no major family that demanded much of my time. This is a blessing to have family but with a project like that, if you do have them, they will become very bitter very quickly because they may not share your same passion for real estate. Hope this helps.

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