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All Forum Posts by: Jay Orlauski

Jay Orlauski has started 20 posts and replied 430 times.

Post: War! What is it good for?

Jay OrlauskiPosted
  • Realtor
  • Fresno, CA
  • Posts 468
  • Votes 223

war is good for the powers that want to control world events. They pit countries against each other by funding both sides with seed money/ weapons - then when all out war is declared, they reap a windfall of profits from new contracts and sales of weapons, weaponized vehicles, and limited availability to resources. The profits are used to build the very infrastructure that will be used against our own citizens , as is demonstrated time and again. For example, national security which was supposed to be for the 'war on terror' is now used by the FBI on us citizens and obaministration are using that as a basis to snoop into everyone facebook and emails now ( legally and without permission or warrants)

a free people do not concede to these things without any motivation to do so. A war provides the perfect motivation to get these agendas in place...STAT. I'm sure you can feel the fist clenching tighter every year.

ps.. as far as leaving Iraq.. good luck .. we have never left any place - we are still in N. korea ..we are still in Germany. and as for the war on terror .. if you think it will ever end .. just ask yourself, how will we know when we've won?

they have created an enemy that cannot be destroyed , and we are supposed to funnel millions of dollars into it every year to the banksters that finance the 'war' , then cry for the banks when they make faulty loans to unqualified marks that they profit from foreclosing on.

thats what war is good for silly.

Post: Hating This New Format

Jay OrlauskiPosted
  • Realtor
  • Fresno, CA
  • Posts 468
  • Votes 223

I am still uncertain as to how I feel about it other than to say that the more I use it , the more used to it I get. I have only been on BP for a few months so I don't have the same affinity to the original design as others do - though I have to admit the previous design felt a little scattered - as if the site had really outgrown itself. I think the new look is very professional and the more i use it , the more familiar it becomes to me.

Post: My landlord wants to sell building the that we are renting

Jay OrlauskiPosted
  • Realtor
  • Fresno, CA
  • Posts 468
  • Votes 223

I just checked that area and it looks like the average price on duplexes is roughly $750 -$870. What he is asking may not be too ridiculous for the area ( though i wouldn't buy it at that price) but it also looks like an area that can support the rent required to live there and cover the mortgage. I don't know... if your considering buying it , you may want to see what he is willing to do on the price. If he does sell it , it's likely your rent will have to go up to cover the new mortgage. You will also want to consider the rents you will have to collect and determine if the local rental market can bear that.

Post: Deal Made on BP!

Jay OrlauskiPosted
  • Realtor
  • Fresno, CA
  • Posts 468
  • Votes 223

That's awesome !! congratulations! Its' a great testament to this site that real people can get together to make real deals happen.

good job - hope to hear more inspiring stories

Post: Do you think it's possible to create 1b net worth?

Jay OrlauskiPosted
  • Realtor
  • Fresno, CA
  • Posts 468
  • Votes 223
Originally posted by Rich Weese:
OK. Here goes.
Taxes eat into that, which I've basically never had to pay,


Rich, how can this be? Please share how you broke free from the bondage of taxes??

Post: Business analysis project! Need your opinion

Jay OrlauskiPosted
  • Realtor
  • Fresno, CA
  • Posts 468
  • Votes 223
Originally posted by Charles Perkins:
I have considered creating a non-profit, doubt that I would ever consider investing in one though. There certainly are advantages to using a non-profit for certain types of investments.

If you are looking at ways to fund a non-profit typically you are looking at donations or grants. There many grants available so it depends on what group(s) that you are wanting to serve and what kind of activities that you are expecting to do.

Doubt that you will find many to invest in a non-profit. If you have the personality and work at it you could probably get the donations for your cause. Most likely your funding will come from grants and some donations over time.

A non-profit business can be very profitable though. Few take that into consideration. One thing to consider though non-profits are coming under increasing scrutiny by the IRS. The IRS is examining the high administrative costs claimed by some non-profits.


I knew a developer that was a so called "non-profit" even called it a 'children's organization' the whole works. He used it to get media attention and try to create a good name for the project he was building. But he was getting his 'salary' and there was never anything left for any children's organization - which was nothing more than membership to the park he was building( which was never completed). This guy was dirty and eventually he was exposed in the news and the whole thing fell apart. He left the city on the hook 5m. He was investigated, they even came asking me questions about him ( cause we leased space from the project ) He was trying to claim things were stolen that did not even belong to him - trying to get an insurance payoff - whole thing was insane - I was warned years prior not to do biz with that guy...

Post: Business analysis project! Need your opinion

Jay OrlauskiPosted
  • Realtor
  • Fresno, CA
  • Posts 468
  • Votes 223

I think there is a lot to be said about what people are willing to get behind financially. Intrinsicly speaking, if your management company can produce enough of a return to be an attractive investment than I see no reason why you could not build a business plan based on that premise. That being said, people like companies that champion causes and if you can be profitable, while helping non profit organizations, there is a good chance that with the right marketing, you could develop some really good exposure for your efforts. After all, we don't see football teams step aside to let a wheelchair bound player slowly make his way to the goal very often- but when it happens everyone loves to see it. There are investment funds that only invest in 'green companies' and some who do not invest in 'alcohol, tobacco, or firearms' companies - so there are some people who will invest in something if they can make a profit AND help someone else out at the same time. I would say continue with your analysis - would be interesting to see what you come up with. Good luck!

Post: Just started investing...

Jay OrlauskiPosted
  • Realtor
  • Fresno, CA
  • Posts 468
  • Votes 223

Welcome to the site Aaron, I think you came to the right place, especially if you are just starting out. I have considered purchasing property in Washington before - I'm looking forward to seeing how your experience is there - I have some family there I would to get a duplex for sometime in the future.

good luck - hope to read about your experiences.

Post: What is most important when starting out?

Jay OrlauskiPosted
  • Realtor
  • Fresno, CA
  • Posts 468
  • Votes 223

I would say to be sure that you manage your expectations.Don't underestimate the amount of hurdles that can stand in your way. Be realistic, but don't be paralyzed , be willing to learn and to UNlearn. read a lot of books about the subject that interest you most - flipping, wholesaling, birddogging, managing, buying/selling paper , auction or whatever floats your boat. don't be afraid to ask questions and ask a lot of them. Above all, I think the best thing a beginner can do is to find a mentor - there is almost nothing that can substitute for having a mentor to lean on and learn from. If you had to focus your energies on one thing , I would say focus on how to find a mentor - the time spent will more than pay for itself if you find the right one.

Post: Where do I begin?

Jay OrlauskiPosted
  • Realtor
  • Fresno, CA
  • Posts 468
  • Votes 223
Originally posted by Jackie Patterson:


I would suggest you consider starting out "birddogging" for an experienced investor. You find and refer the short sales for a percent of the profit. It's a great way to learn the business, gain experience and knowledge, and make contacts.

Jackie



I really like this idea - 1. it gives you face time with an experienced investor and you allows you see deals happen first hand - not only educational but extremely motivational - plus you will get practice looking for deals and calculating what makes a good deal and a bad one before putting your own money into the game.

2 - it requires relatively no money of your own and you can make some money while learning the ropes. Maybe you save up some of the money to start funding wholesale deals and whatnot.

In any case , coming to this website and seeking knowledge is a great first step towards your goals. Keep up the good work!!