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All Forum Posts by: Shawn Long

Shawn Long has started 12 posts and replied 79 times.

Post: Preparing for the potential of massive government regulation

Shawn LongPosted
  • Real Estate Broker
  • IN (indiana)
  • Posts 88
  • Votes 42

@Zac P.

I think this post begs a lot of questions.

1. Do you think this is a trend towards UBI (Universal basic income)

2. What will the Fed do with the 1/3 of the industry that it now owns?

3. Are we in feudalism?/Are we reverting to feudalism?

4. Are being prepared for a shift to a new currency? (Wyoming accepts gold now and has 8 major financial entity filings for crypto-banks)

I think we will just have to wait and see what tricks are on the horizon. I do believe this is uncharted/unprecedented territory that the market has never been in and it stands to reason that we may have a result that the market has never seen.

Post: Map of Michigan City, IN Acquisitions for the South Shore Line

Shawn LongPosted
  • Real Estate Broker
  • IN (indiana)
  • Posts 88
  • Votes 42

Post: Map of Michigan City, IN Acquisitions for the South Shore Line

Shawn LongPosted
  • Real Estate Broker
  • IN (indiana)
  • Posts 88
  • Votes 42

Post: Trying to find a possible sponsoring brokerage

Shawn LongPosted
  • Real Estate Broker
  • IN (indiana)
  • Posts 88
  • Votes 42

@Logan Guy

*Each office is different even at the same brokerage

Post: Trying to find a possible sponsoring brokerage

Shawn LongPosted
  • Real Estate Broker
  • IN (indiana)
  • Posts 88
  • Votes 42

@Logan Guy

KW does have the #1 training. But each brokerage is different. I have tried out 3 and I am at KW now. I would say interview the teams not the brokerage. Ask the team if they will accept you first. What you need are leads. If they have plenty of leads to give out and they will help you get started than that is where you need to be as a rookie. You can always leave the team at any time after you have the client base/experience. No one told me that when I got started. 😥

Post: Backyard Knowledge in the Northwest Indiana Market

Shawn LongPosted
  • Real Estate Broker
  • IN (indiana)
  • Posts 88
  • Votes 42

UPDATE: Griffith has until June 30th, 2020 to decide if they will "voluntarily join" St. John or North township. Which will become final on Jan 1st, 2022.If no decision is made Griffith will automatically default to North Township. Its hard to say which way it will go. Griffith previously offered St John a 1M dowry with little success. It is also worth noting that Griffith currently gets its water from Lake Michigan as does North Township. St. John has a community well. I will make a new forum after the 1st with the next update

Post: How to Approach Commercial Brokers to Purchase Large Multifamily

Shawn LongPosted
  • Real Estate Broker
  • IN (indiana)
  • Posts 88
  • Votes 42

@Kal Seirafi

If it were me I would find a dominant residential agent and ask for a referral. Rinse and repeat if necessary. A dominant residential agent will refer you to the most dominant commercial guy he or she knows that can get the job done. They will get a referral fee for a completed job. Be upfront with the agent. Mention the fee. If they say they do not take referral fees for the connection then keep looking. Them having skin in the game ensures they will find you the best help. Be upfront with the commercial agent as well. Your 5-6M in property to sell should be enough proof of funds. Trust your first instinct. If you don't vibe well at first glance with the agent then keep looking. I might even call the C.A.R president and ask them for the referral. They are likely to know some powerful forces in the market off the top of their head.

Post: Failed Cash out Refi

Shawn LongPosted
  • Real Estate Broker
  • IN (indiana)
  • Posts 88
  • Votes 42

@Mckenzy D.

The only thing I dont see mentioned here is that if you know a good Realtor have them cherry pick an appraiser for you. Usually a Realtor that sits on a local association board will know the right person for the job (or know someone who does) and many of them were appraisers in the past or work with some at the association.

Post: Owning gold as a reserve

Shawn LongPosted
  • Real Estate Broker
  • IN (indiana)
  • Posts 88
  • Votes 42

@Benjamin A Ersing

Tagged the wrong person sorry. Good info nonetheless. 😉

Post: Owning gold as a reserve

Shawn LongPosted
  • Real Estate Broker
  • IN (indiana)
  • Posts 88
  • Votes 42

@Benjamin A Ersing

I haven't read the other replies. In a nutshell:

1. There are way more paper shares than actual gold. Not redeemable en masse. If at all.

2. There is a place you can have liquidity and keep physical gold as a reserve.

Goldmoney.com (no affilliation)

Its a Canadian company that keeps your physical gold in a vault and makes it easy to cash out at anytime - fiat or precious metal. Sort of a mini ETF i guess. They have a top notch team and constantly share some good research as a bonus. I have planned on using them for a few months now and just haven't got around to it yet