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All Forum Posts by: Taylor Jennings

Taylor Jennings has started 71 posts and replied 340 times.

Originally posted by J Scott:
Here we are today, and if those people had spent as much time and energy focused on investing as they did on "preparing for the end," they'd have made a lot of money over the past few years.

... And based on history, if you make your financial decisions on the assumption that everything around you is going to crumble, you're going to miss a lot of opportunities between now and whenever that might (or might not) happen.

I agree. (I still bought guns and ammunition though!)

I heard about this economic forecast initially a year ago and have only heard the concern more frequently now. Regardless of what is going to happen, I'm ok with leaving it in God's control.

To your point, this prediction creates a high sense of urgency for me to get in the game and start turning properties. It's been a huge motivator for me starting out.

Originally posted by Albert Hasson:
As J Scott points out the doom and gloom crowd may be correct one day but it hasn't happended yet. My advise is find some good cash flowing properties and invest for the long term.

J Scott and Albert Hasson My question is, if you knew that this was going to occur without a doubt, then how would your strategy change in preparation?

(Buying and holding properties with a 70-80% refi wouldn't be recommended if there was a huge economic fall out I'm sure.)

Originally posted by Karen Margrave:
When I first got my RE License interest rates were north of 18%, and people were still buying. I never in a million years thought rates would be down to where they fell to. But.. I think it will actually motivate people to get off the fence and BUY!! because one thing is certain, RATES WILL GO UP!! and the cycle continues.

What difference was there in your strategy back then versus what it is today?

Originally posted by Clay Huber:
Sure, rate increases affect everyone; however, they are increasing because the Fed is saying they will be tapering their bond purchases (printing money).

The Fed is getting ready to taper because they like where the health of the overall economy is going, particularly with the employment data.

So the way I look at it is this. While rates are increasing, that implies that the job market is strengthening, so rates may be higher, but if there are MORE people WITH JOBS in the economy, that will provide continued supply for the real estate market.

Hard to get a loan at ANY rate if you are unemployed - ya know?

I posted a link earlier on Page two of this forum post about the predictions of the economy bombing up to 90% of the US stock value.

Then I spoke with a landlord of (18) properties who said she wants to sell (5) of her houses because she doesn't like the way the government is spending and she thinks the worst is yet to come.

THEN I talked to my Dad today and he says that among many of the successful business people he follows... they are saying that the next recession could be worst that the 'Great Depression'...

I should probably make a new forum post for this one, but do any of you feel this could very well take place? If so, what preparations should be made? (Definitely should make this into a new post...)

Post: Looking for best pricing on bandit signs

Taylor JenningsPosted
  • Indianapolis, IN
  • Posts 354
  • Votes 90

100 for 85? Nice. Heck I might drive out there!

How will this affect hard money lenders?

Post: Looking for best pricing on bandit signs

Taylor JenningsPosted
  • Indianapolis, IN
  • Posts 354
  • Votes 90

Matt Horwitz I just bought (50) from signwarehouse. Thanks for the tip. They should have you on payroll.

Post: Buy and hold houseboats?

Taylor JenningsPosted
  • Indianapolis, IN
  • Posts 354
  • Votes 90

That's an interesting concept!

Maybe a lease to own option?

You should go all in with it and post an article how you are cashflowing $5k montly on houseboats ha

Post: Hello from Los Angeles

Taylor JenningsPosted
  • Indianapolis, IN
  • Posts 354
  • Votes 90

Welcome!
Ciprian L. LA vs Indianapolis sounds like you're stepping from the corn lands into Hollywood. I would imagine things are totally different out there!

Who do you use in Indy for your turnkey properties?

Originally posted by Ben Hughes:
You can still make money with 4.46% so I will continue to buy.

Ben Hughes Is there a point where you think it will prevent you from making money? Or when would it start to become a concern for properties you already own?

Originally posted by Robert Steele:
Originally posted by Daniel Fisher:
Threatens Boom? I wonder if this might actually increase sales activity.
This has been my thinking too. I imagine that some first time home buyers will be thinking "Last chance to buy a house before rates go up and you are locked out forever"
Originally posted by Ned Carey:
Sales will accelerate; Buyers on the sidelines will jump into the market to avoid increasing rates.

Robert Steele and Ned Carey if we've stepped into a seller's market then would now be a good time to invest in land and sell to builders? Or even build your own houses?

Originally posted by Rick Harmon:
Stop looking for hurdles and barriers. I don't know your state's forms. Ask the probate clerk. They are typically very helpful and receptive to complements.

If you only have 30 minutes due l work schedule, five (5) days X 30 minutes = ONE more informed probate investor. If you don't have time to pour through files, determine what's important, then hire and teach your assistant.

Start looking for solutions to your challenges. I lost use of my left hand three years ago after a stroke so I type this one-handed. Don't ask me about my eyesight or energy level. No more excuses!

Can I get an Amen!

Talk about a 'SNAP OUT OF IT' response! I just wrote on somebody else's forum post this morning saying that they just need to continue taking steps forward and not worry whether or not a strategy will work ha

Rick Harmon, I think you and I are going to have a solid friendship.

I'm really sorry to hear about the stroke. Though you lost the use of your left hand, you've gained a powerful tool in motivating others.

I appreciate you sir.

That's perfect Rick Harmon.

I did notice that there were different forms filed in the folders. Is there a particular Form Title (like the living testament) I should skim through to discover if there is property listed?

I feel like I could spend hours looking through three folders....

Here is an unfortunate circumstance for Day Two: I work full time and won't be able to spend more than 30m there. Am I able to walk into or out of a hearing while it's active?

"Day Three: you now know more than you did on day zero." ha True