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  1. Real Deal Denver

    I started a business and now I'm doubting it

    HOT! 
    Wow. You just made MY day! It's so refreshing to see a champion get up, dust himself off a little, and go forward, come hell or high water (I don't know where that saying came from, but it has a nice ring to it!). It's all mental. Congrats on opening up your mind and harnessing your...
  2. Real Deal Denver

    Avengers: Infinity War Discussion

    OFF-TOPIC 
    Well thank you. I thought I was the only one. These movies are indeed so shallow. They remind me of the transformer movies (big robots, if you have been lucky enough to avoid them and don't know what they are). They just go on and on and on - bashing one another back and forth. [Yawn] And...
  3. Real Deal Denver

    How I made $4,000 in 3 months By Executing HARD

    NOTABLE! 
    Not one bit. I'm so glad to be of help. If I don't help you then all that I went through will be wasted. Passing things on to try to help someone makes my work worthwhile. It makes it mean something. So thank YOU for that opportunity. And I must add that it is indeed rare to find someone...
  4. Real Deal Denver

    How I made $4,000 in 3 months By Executing HARD

    NOTABLE! 
    Allllll righty then. You're hard to argue with - but I will anyway. I feel like I'm talking to my younger self through a time warp. Went down the same path. Here's what I should have done. Commercial stuff is MUCH easier and MUCH less time consuming than consumer video. And your customers...
  5. Real Deal Denver

    How I made $4,000 in 3 months By Executing HARD

    NOTABLE! 
    Thanks for the update! You're definitely moving up! Use those music videos and weddings to fill in your schedule and pay the bills. But don't make them your main business. To be successful, you're going to have to go after the commercial stuff. Don't get bogged down in the consumer world...
  6. Real Deal Denver

    RE - to sell or to hold?

    REAL ESTATE 
    You're doing everything right, for where you are - with the added insight that JScott provided, of course. But you're not in a hot market. You paid cash for a $300K home? I just finished a land analysis in the downtown Denver area where four properties sold for $452K, $420K, $525K and they...
  7. Real Deal Denver

    RE - to sell or to hold?

    REAL ESTATE 
    I just finished a rental analysis for this, in fact. I have to find three similar properties that are for rent and/or rented. It's damn hard to find three properties of this caliber but I got lucky and did. The rents are: $3,000, $4,000, and $4,500. Quite a spread. I know to you or I this...
  8. Real Deal Denver

    RE - to sell or to hold?

    REAL ESTATE 
    Oooops - you're right. I am so immersed in this, I left out some very important information. That is correct for this property - however... Just 1/2 mile north there is an exclusive market area where they are getting $400-$500K MORE for the same properties. It's very clicky here - addresses...
  9. Real Deal Denver

    I started a business and now I'm doubting it

    HOT! 
    GOLD GOLD GOLD! Double your income working the same amount of hours. SOLID FREAKING GOLD advice here!
  10. Real Deal Denver

    RE - to sell or to hold?

    REAL ESTATE 
    Notice that I said equity there. They could cash out and have close to a mill when it's all said and done. I'm putting together a plan to do this myself. I can't fund a deal like this, but I can make a deal with someone that can - but they don't, because they don't have the details. THIS is...
  11. Real Deal Denver

    29 Year Old "Stuck" Dentist

    INTRO 
    You buy a complex for $1 mill. You put down 25%, which is $250,000. It goes up only 5% in the first year. 5% of $1 mill is $50,000. Leverage your money. Or - you buy $250,000 worth of stock. It goes up 10%. You make $25,000. Your stock broker, Bennie Madoff, cousin of Bernie Madoff lies...
  12. Real Deal Denver

    RE - to sell or to hold?

    REAL ESTATE 
    Ok - get ready. This is major info you need to put into your DNA for the rest of your life. We're going to talk about two concepts here. This will be greatly simplified, but you need to know the basic theories. First - the cost of money. Cash is the lifeblood of every business. If you are...
  13. Real Deal Denver

    29 Year Old "Stuck" Dentist

    INTRO 
    Ah, to be 29 again. I have to admire this enthusiasm. Love it! I used to have that unbridled drive. Now, I find I appreciate a good drink on a beach, with my wife, much more than I ever did before.
  14. Real Deal Denver

    I started a business and now I'm doubting it

    HOT! 
    You post this as I take a drink of rum and coke? Now I have to wipe off my computer screen. Hilarious! Caught me off guard and I laughed out loud! A waste of perfectly good rum.
  15. Real Deal Denver

    RE - to sell or to hold?

    REAL ESTATE 
    Why so much down? You can get by with 20% down if you go with a conventional loan. I sure hope you're a veteran - then you can go with nothing down. FHA is 3.5% down. Conserve your cash. Ideally, if you can buy something to rent and pay it off completely, then you have great cash flow...
  16. Real Deal Denver

    I started a business and now I'm doubting it

    HOT! 
    So much great advice here, it's astounding! I think these golden nuggets will steer you in the right direction; Do it. Then you will have two sets of equipment, and you can take that small leap and hire someone. You'll be happier with the new equipment, and you'll be on the way to starting...
  17. Real Deal Denver

    I started a business and now I'm doubting it

    HOT! 
    Two business ideas that you can start quickly are painting and cleaning. @minivanman has in depth knowledge of cleaning for sure - because I was surprised he explained that residential cleaning can be much more lucrative than commercial cleaning. I thought it would be the opposite. What I...
  18. Real Deal Denver

    I started a business and now I'm doubting it

    HOT! 
    SBA stands for Small Business Administration, which is a government program of sorts in the USA. I don't think they noticed you are from Ireland, so that advice would not apply. Since your business is seasonal, I know just the hands on guy that can help you. @minivanman is the man. He's...
  19. Real Deal Denver

    29 Year Old "Stuck" Dentist

    INTRO 
    Life is hard when you have to scrape by on a half mill. Hey - I couldn't resist that one - sorry. Man, if I only had your problems. You have a ton of money - a great business - and a lot of time - all on your side. You have it made in the shade! First, let's evaluate your lifestyle. Are...
  20. Real Deal Denver

    RE - to sell or to hold?

    REAL ESTATE 
    What interest rate can you get? 4.5% is typical around here. If 6% ROI sucks, why would you put your capital into something to save paying 4.5%? I'm in the real estate biz, so my advice is to buy the most real estate you can get for the least money you can put into it, in the best...

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