15 August 2016 | 9 replies
I'm meeting with some realtors already so would prefer investors but am open to anyone.I'd be happy to buy lunch in return anywhere you like.Most importantly i need someone that can be objective about things - here's what i mean.If i'm looking at a property that you would never buy, i need the advice to be along the lines of: personally, i wouldn't buy it because of x,y,z or it doesn't fit my strategy because of a,b,c etcBut, you could buy it, however you would need to be aware of / mitigate a,b,c and so on.Most people will just say no, don't do it or yes do it but can't really articulate why - it's all down to personal preference.
5 January 2017 | 47 replies
Mr CEO who had tons of leverage on multiple business and enterprises.. had some scary moments.Leverage is fine but it can bite you big time.. and to think rentals are immune from having a bad day in a bad economy well that is dangerous thinking..
11 August 2016 | 6 replies
Appreciation is something you're trying to predict and is a dangerous game (in my humble opinion)Anyway, let me know if you want to get together and discuss shop.
13 August 2016 | 8 replies
No specific restrictions that I'm aware of, but each Lender has discretion to "overlay" their own restrictions to mitigate risk.
13 August 2016 | 2 replies
Underwriters are likely to rate differently depending on how close it is to the house, because of wild-fire dangers.
16 August 2016 | 6 replies
Running the risk of negative cash flow is a very real danger.
19 August 2016 | 12 replies
Once the hotels in the area start to feel the vrbo pinch if demand goes down you will be in danger for sure.
24 January 2017 | 17 replies
The dangers of lead paint were well known long before it was made illegal at the federal level.
20 August 2016 | 24 replies
I don't think most tenants are just trying to scam you, but when 60-70 percent of your monthly income goes to rent any inevitable setback can put you behind on rent and in danger of eviction.
24 August 2016 | 2 replies
4 hour work week by Ferriss has lots of good stuff, but dangerous stuff alsoI am old school, and there are many many lessons the young people need to learn to be financially free, not only financially, emotionally and mentally alsoMost I presume are not schooled in Wall Street with derivatives and upper echelons of financeMost are not sophisticated enough to start corporations, investment firms, syndications etcIf you are average blue collar dude, with vision , passion, willing to work, you can make it and be financially free, beating the frigin systemBe careful what you read and listen to, and it's ******** to think you will work only 4 hours a week and be successfulMaybe eventually, but like rich dad says, when your assets begin paying for your desiresDanny Peavey