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Search results

  1. hatterasguy

    gold digger prank (can anyone with lambo confirm? lol)

    OFF-TOPIC 
    He came off as a jerk but he is right.
  2. hatterasguy

    Ohhhhhh Man!

    OFF-TOPIC 
    Welcome to the real world. You don't have to love what you do, you just need to be good at it and make money doing it. It takes years to earn a reputation and be respected, after only 3-4 months of work your nothing. I worked for years at jobs I hated, saved money, drove junk cars...
  3. hatterasguy

    Real Estate: What's Your Style?

    REAL ESTATE 
    Air space or air rights are more valuable in NYC than the dirt. They are the rights that allow you to build up. Trump is very good at this along with a few other guys. He will buy a piece of dirt and work the air rights for years until he can get what he wants. Say a 75 story building vs a 20...
  4. hatterasguy

    Want to sale property, need advice

    REAL ESTATE 
    Their is no way anyone on this website can answer that question, look locally.
  5. hatterasguy

    Sold All My Stuff. Taking a 9,000km Train Journey Across Asia.

    OFF-TOPIC 
    So cool, I'd love to do a trip like this!
  6. hatterasguy

    International Travel Electronic Communications

    OFF-TOPIC 
    Whenever I have gone overseas I either use my regular phone for a bit and just pay the $2 a minute or I shut it off...I'm on vacation after all! When I went sailing last spring I was in the middle of negotiations on a piece of property I wanted so I used an Iridium sat phone to keep in touch. I...
  7. hatterasguy

    International Travel Electronic Communications

    OFF-TOPIC 
    Whenever I have gone overseas I either use my regular phone for a bit and just pay the $2 a minute or I shut it off...I'm on vacation after all! When I went sailing last spring I was in the middle of negotiations on a piece of property I wanted so I used an Iridium sat phone to keep in touch. I...
  8. hatterasguy

    Upfront Capital Suggested to Begin Real Estate Investing

    REAL ESTATE 
    I started with no money, but its a lot easier with money. OTOH if you have money and no knowledge...the money is pointless.
  9. hatterasguy

    Real Estate: What's Your Style?

    REAL ESTATE 
    I like development and rentals, but I'll do anything. I really want to get into paid parking and commercial condo's. This is a generic question though, it really varies from state to state. For example if I were down south I'd be interested in trailer parks, out west cheap sub $100k houses...
  10. hatterasguy

    48 Unit Apartment Building for $430K - no fix up needed

    REAL ESTATE 
    Two things: 1. Never beleive the owners numbers, they always lie. You have to know the numbers for your market to see threw their BS. 2. I wouldn't invest in a town that small, the tenant pool is to small, especially for a site that large!
  11. hatterasguy

    Turn-key rentals in hot rental markets?

    REAL ESTATE 
    Sounds like a mess. Your not going to make money with turn key properties the money is in the crappy ones. Also companies like that come and go. They raise a bunch of money, spin a bunch of property around to sound impressive and go bankrupt. Let me put it this way, if they were getting a 20%...
  12. hatterasguy

    FHA Mixed Use financing.

    REAL ESTATE 
    FHA they take forever to close, now that the market is getting better I'm trying hard not to sell houses to people that use them. A regular bank is like 3 weeks, FHA is 60-90 days, at least.
  13. hatterasguy

    Real estate development...

    REAL ESTATE 
    Sorry I'm just to busy right now to do a proper update the market is screaming around here.
  14. hatterasguy

    FHA Mixed Use financing.

    REAL ESTATE 
    FHA sucks, every time I sell a house and someone uses it for a mortgage it takes FOREVER and their are lots of problems. No way could you jump on a good deal with it unless the stars lined up.
  15. hatterasguy

    Suze at it again

    OFF-TOPIC 
    If you have a poor credit score you have to use more expensive private money. That's about the only difference. But if your act is together enough to run a company it should be pretty good anyway. I won't even take a renter with a score much less than 700.
  16. hatterasguy

    Whats your favourite drink?

    OFF-TOPIC 
    Belvedere vodka martini, or a Scotch neat with a cigar on the back of my boat.
  17. hatterasguy

    A Car Story

    I just went to the NY Auto show for probably the 12th year in a row. When I first started going I could barely afford to go, and wanted to buy everything. This year I took a limo down with some friends and went to a fantastically expensive dinner afterwards.(drinking so no driving, and I hate...
  18. hatterasguy

    Should I take this opportunity

    REAL ESTATE 
    How do you guys know its a terrible investment? No investment is terrible at the right price. If I could buy that building for $50k it would probably be a nice little investment. Its all about the numbers, its just not a good investment at that price with our limited information. But their...
  19. hatterasguy

    Real Estate Options: Resource Guide

    REAL ESTATE 
    Coming from someone who has put together neighboring parcels that is horrible advice. Really why would you tip your hand and screw yourself like that? Plus no one is going to agree to a closing date 10 years in the future, really? I go threw great pains to distance myself from parcels if...
  20. hatterasguy

    Real Estate Options: Resource Guide

    REAL ESTATE 
    Your making this way to complicated for a little bit of land. Options are great, but I'd use them if I were buying a multi million dollar site. How much is the dirt worth? Really? Can you get it for 50% or less of FMV? If you can write up a purchase contract that you can assign, get it under...
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