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All Forum Posts by: Dustin Lyle

Dustin Lyle has started 15 posts and replied 106 times.

Post: Where to Get Started...New Agent/Investor

Dustin LylePosted
  • Investor
  • Clarksville, TN
  • Posts 122
  • Votes 53

David, you are a go getter.. lol I will take my notes from you :)

Post: best ways to locate pre-foreclosures

Dustin LylePosted
  • Investor
  • Clarksville, TN
  • Posts 122
  • Votes 53

Rock Solid info.
Thanks
Dustin

Post: John Alexander's Inverse Purchase

Dustin LylePosted
  • Investor
  • Clarksville, TN
  • Posts 122
  • Votes 53

Facts are facts.. and this is most certainly NOT one. Donald Trump is a Wharton School Of Finance Graduate who had a Quarter Mil net worth from flipping condos before finishing college, Who's first solo commercial real estate deals (after college) netted tens of of millions with practically nothing out of pocket.. John Alexander is not Trump's "real estate advisor", as it is more likely to be the other way around. sorry to say... odds are that Trump was paid to even associate with him.

Post: Apartment Building Question

Dustin LylePosted
  • Investor
  • Clarksville, TN
  • Posts 122
  • Votes 53

I guess im near sighted... I do understand this one could yield so much better in the long run, but as a young investor trying to move up earlier in life we need a few lump sum gains... Down-payment moneys to spread around, and we have to eat too :D . Just my perspective.

Dustin

Post: What Do you consider a good Cap rate?

Dustin LylePosted
  • Investor
  • Clarksville, TN
  • Posts 122
  • Votes 53

Thank you guys!

Post: Use professionals or save the $?

Dustin LylePosted
  • Investor
  • Clarksville, TN
  • Posts 122
  • Votes 53

I was just pondering this matter today, Do I fork out the cash or take the DIY route? well it looks like Will asked the question for me... And what a great response from Harrison. Thanks guys.

Dustin

Post: Apartment Building Question

Dustin LylePosted
  • Investor
  • Clarksville, TN
  • Posts 122
  • Votes 53

Boy O Boy... Mr. Holdman and Mr. Barnard are all over this one. Either way you go, GREAT advice from both.

This Deal is Sweet too... If you can manage to keep the Occupancy rate up for the next year, pocket your cashflow and increase the rents @ inflation rates (staying competitive with the rental market) you can always sell next year showing a GREAT cap rate at a price far far above what you paid. And if it doesn't sell... well, holding this one is just as good.

Good Luck,
Dustin

Post: Newbies from Centennial, CO

Dustin LylePosted
  • Investor
  • Clarksville, TN
  • Posts 122
  • Votes 53

welcome to BP!!!

Hope you find it as informative and helpful as I have thus far..

Good luck,
Dustin

Post: Hi all! Newbie from Chicago

Dustin LylePosted
  • Investor
  • Clarksville, TN
  • Posts 122
  • Votes 53

Welcome to BiggerPockets Joseph,

You have found the right place for great information. Plenty of people looking to help one another reach financial freedom through educated decisions and past experiences. I too am new here and have found the forum very informative from the start.
Good luck in your ventures,
Dustin

Post: John Alexander's Inverse Purchase

Dustin LylePosted
  • Investor
  • Clarksville, TN
  • Posts 122
  • Votes 53

So let me get this right... Owner finance a note to a person with bad credit while having the property on contract, then sell the note at a discount of FMV, completing your purchase and sale subsequently... with all the transactions going on in one day at the closing company. Hmm.. This isn't a system that requires a specific persons connection to a note buyer, or membership to any club.
The lovely thing about the internet is Globalization. Any person with the fortitude, and an internet connection, can sit at a computer and find a buyer for a note. These days they sell programs training people to do just that. I dont see why the note purchaser would send an invoice but then again, im not a member of this program, and the only people advocating the program here have only posted about this program... hmm

Where can I get this program... IM IN!

Hey David... I think they're serious. ;)