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  1. CashFlowDepot

    Boy I screwed up Big time

    WEB/DIGITAL 
    They claimed that you'd have your site up and running in 30-60 minutes. HA HA And it would be super simple. Plus, I already had all the elements you needed for the site including a mini-course, an ebook, multiple articles, and multiple upsells. this was already all in place. I've got 1000...
  2. CashFlowDepot

    Boy I screwed up Big time

    WEB/DIGITAL 
    I saw a video about a a new marketing system using articles and it included a special wordpress template. ( you've probably seen it promoted recently for the $1 7 day trial - not sure I can mention what it is) The marketing ideas were solid but the template had too many bugs in it I took down...
  3. CashFlowDepot

    Will this strategy work?

    REAL ESTATE 
    Your expectations for what the property will rent for are way too high If it is worth $60k - you can rent for about $600
  4. CashFlowDepot

    U.S. apartment vacancies near historic high

    REAL ESTATE 
    You'll only need a few private lenders. It's not like you have to spend most of your time looking for money. Once you find a private lender they will stick with you like glue if you keep bringing them good investment opportunities. Many will say just let the money RIDE instead of getting a...
  5. CashFlowDepot

    Difficulty Finding a Mentor

    REAL ESTATE 
    99% of real estate seminars are terrible. When I first started, after 18 months of trial and error I thought maybe i should attend some seminars to learn some better ways. i went to Ron Legrand seminars. They were all very expensive ( $3000 +). but I thought since they were so expensive they...
  6. CashFlowDepot

    U.S. apartment vacancies near historic high

    REAL ESTATE 
    I'm not talking about using HARD MONEY loans. they are way tooo expensive and short term. I'm talking about borrowing money from private individuals like dentists, your next door neighbor, your barber, the plumber, gradnma, anyone who has lazy money sitting in the bank or an IRA and needs to...
  7. CashFlowDepot

    Difficulty Finding a Mentor

    REAL ESTATE 
    You don't need a mentor. You'll have a hard time finding anyone local who wants to "mentor" you. Why would they want to train their competition? Most people who claim to be a mentor or coach have actually not even done a deal. Instead, they are working off a script that was given to them by...
  8. CashFlowDepot

    U.S. apartment vacancies near historic high

    REAL ESTATE 
    If you're dealing with the owner directly, you can get very creative and get some or all of the purchase financed by the seller. They rarely need ALL their sales price in cash. They will take some cash now and some cash later ( especially if you show them how it is better to get 5-6% interest...
  9. CashFlowDepot

    U.S. apartment vacancies near historic high

    REAL ESTATE 
    Trillions of dollars was pulled out of the stock market and other investments. It's just sitting in the bank or in a self-directed IRA account earning anywhere from ZERO to 1.5%. ( some is under the mattress) All of those people would love to get their money working for them at 4- 5-6% and...
  10. CashFlowDepot

    U.S. apartment vacancies near historic high

    REAL ESTATE 
    You're right Unicon When you buy creatively, you can obtain your FASTLANE objectives much easier and FASTER than you ever could with institutional financing. Need to maximize cash flow - no problem Need rapid amoritization - no problem Need no payments - no problem Need to get in to the...
  11. CashFlowDepot

    New website (thanks to all of you!)

    WEB/DIGITAL 
    The site is a too wordy in my opinion. People want to see pics, features, and prices more than words see a good example here: John's Pass Rental Condominiums - Beach Place And Sandy Shores Condo Rentals At Madeira Beach, Florida - JohnsPassCondos.com
  12. CashFlowDepot

    Sell Your House in 5 Days - Learn to Barter

    REAL ESTATE 
    The land was inherited, they paid zero for it. I should mention that it had $2k in back taxes and another $2k coming due in January. They were informed that the value could be $2k- $3k per acre and I asked if they wanted to wait to sell it. They did not. They said they did not think they...
  13. CashFlowDepot

    Seller Financing Strategies

    REAL ESTATE 
    Most of the time we think of seller financing as being provided by the seller when we buy, but when it comes to converting equity into cash flow, seller financing and leasing are the two principal techniques we use. The best thing one can say about seller financing that you provide to a buyer...
  14. CashFlowDepot

    U.S. apartment vacancies near historic high

    REAL ESTATE 
    for commerical properties, banks usually want a 5 or 10 year balloon. What happens if the interest rates are 14% when your balloon pops? You will have a hard time financing and your property may not cash flow anymore. You'll have a hard time selling because there will be fewer buyers who can...
  15. CashFlowDepot

    Sell Your House in 5 Days - Learn to Barter

    REAL ESTATE 
    They did not sell the land because they needed an immediate solution and it would have taken a 9-12 months to sell the land any other way. The land was on the tax records for $75,000. So that is what they thought it was worth. The land was 3 hours away & has no houses on it The adult kids...
  16. CashFlowDepot

    U.S. apartment vacancies near historic high

    REAL ESTATE 
    When you get bank financing, who control the terms and conditions? the bank does You have no say so in how the loan is structured. They say we have this one or that one and you get to pick but you cannot go outside the box. If you rely on bank financing and you don't get approved you are out...
  17. CashFlowDepot

    Sell Your House in 5 Days - Learn to Barter

    REAL ESTATE 
    I just did a great trade. I have away a free and clear $135,000 3/2/2 brick house and got 120 acres covered in hardwood. the land is worth $3,000 an acre. But the real kicker is I also got all the mineral rights and there is already an oil and gas lease on 20 of the acres which has been...
  18. CashFlowDepot

    Sell Your House in 5 Days - Learn to Barter

    REAL ESTATE 
    would you rather just have the cash if it took 9 months to get it and you had to take a discount off your price?
  19. CashFlowDepot

    Sell Your House in 5 Days - Learn to Barter

    REAL ESTATE 
    Having a hard time selling your houses? Try a new approach. Bartering is alive and well in these tough economic times. Put Peter Fortunato’s famous motto in to Action “ Use What You Have, to Get What You Want, To Get What You Need. That’s what Rick Cogswell did when he had a house (...
  20. CashFlowDepot

    How to teach your kids to invest and live in the fastlane

    MINDSET 
    #1 lead by example. #2 when they are about 10 years old, set up a checking account with a 6 month allowance for clothes, movies, haricuts, etc. Let them learn the consequences being frugal OR blowing the whole wad on a expensive jeans vs. the JC Penny brand. Learning to manage money is...

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