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  1. S

    Hard Money Lenders?

    HOT! 
    Very generous returns on 5 year money. I'd think with your track record you could get away with less. What security are you offering, if any? Would investors have any way to liquidate assets held by the fund if things completely fell over?
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    Paleo Lifestyle

    HOT! 
    It's better if it's vitamin d3. I take 6,000 iu's per day except for summer time. If the fish oil doesn't sit right Carlsons makes a high quality fish oil in liquid form. No lasting aftertaste.
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    Hard Money Lenders?

    HOT! 
    Shouldn't be hard to raise money with those figures. We've raised money for some development projects and one thing everyone kept telling us initially is that it is just as easy to ask for five million as it is one million, and often times easier. I didn't find this to be true mostly due to...
  4. S

    Business Plan to build a large scale development company

    REAL ESTATE 
    Being a general contractor is not going to help you with funding future projects via traditional lending routes. Unless you have access to significant amounts of capital it's unlikely you'll ever make a ton of money as a gc. On the flip side if you think you'd be happy running this type of...
  5. S

    A Better Alternative to College?

    HOT! 
    Based on some of the things I've read here this seems like a hell of a bargain.
  6. S

    No Money Down Example -- with $420 per month cash flow + equity

    HOT! 
    That sounds reasonable from a time perspective. I need to buy my engineer lunch because at most he'd charge about $225 for the scenarios above. On a different note - can any of the mentored students provide an update on what they are working on?
  7. S

    Hard Money Lenders?

    HOT! 
    How are you structuring the returns of investors? Profit splits, pref return, other?
  8. S

    Your Entrepreneurial "Come to Jesus" Moment? (FTE!)

    NOTABLE! MINDSET FTE 
    Mine was a series of things, but the one that sticks out is a wealthy family member who would talk to me with an mixture of disdain and amusement when i'd talk about work. You could tell he found it utterly ridiculous that I sat in a shitty little cubicle every day working on things that nobody...
  9. S

    Are you part of the 10%?

    OFF-TOPIC 
    Write with left, eat with left, but all sports are righty.
  10. S

    PARENTS: Best way to store/save/invest money for children??

    INVESTING 
    I agree with those who recommend real estate. If you purchase correctly and lock in 4% money it's not out of the question that you'll have generated $100k in cumulative cash flow ( pre-tax ) by the time the tuition bills come around. That doesn't even factor in any mortgage paydown...
  11. S

    PARENTS: Best way to store/save/invest money for children??

    INVESTING 
    For what it's worth i'm an active investor in Orlando and I'm starting to look elsewhere for long term buy and hold investments. There are still some decent deals to be had but there is a lot more competition these days and margins are getting smaller. In some specific markets like condos the...
  12. S

    Why aren't I a millionaire?

    Completely agree with your strategy. Wish I had purchased more in 2010. It's still fairly easy to generate the passive rental returns that you're talking about now but the quick appreciation from everyone piling into the market is gone. Some of the prices that people are paying for property...
  13. S

    Ask me anything about eCommerce (2012)

    GOLD! 
    Finally took the time to read this thread in it's entirety. Should have done it months ago - great info and very nice of you to try and help shorten peoples learning curve. I've never done any web design / seo / made a single penny online but this thread has inspired me to try and build a...
  14. S

    Black Friday: Shaking My Head ...

    OFF-TOPIC 
    There was a news story here about a family who started camping out at best buy last Friday so they could be first in line to buy the kids a 50 inch flat screen and some tablets. Estimated savings: $200. 7 days of time to save $200? The dumber part is the mother took a week off from her job...
  15. S

    Thoughts?

    REAL ESTATE 
    I would buy this all day long with conventional financing. If your gross rents are really $2,200 then this is a 20% plus cash on cash return which are not easy to find in my area without strapping on kevlar to collect rents. That being said the structure you're negotiating runs a pretty solid...
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    This is INSANITY!

    HOT! 
    For what it's worth the guy who wrote the book "Wheat Belly" is convinced that grains and wheat are actually terrible for you and the root cause of a ton of the health problems we see today. His followers seem a little cult like but it's hard to argue with some of their results, if they are...
  17. S

    The Anatomy of a Fastlane Startup...Watch, Real Time

    HOT! 
    Yes, that would be great and something I would pay for.
  18. S

    Business Plan to build a large scale development company

    REAL ESTATE 
    This isn't going to help you with banks. Listen to what these guys are telling you. Unless you have access to a ton of cash, being a contractor / builder is a horrendous choice and one which you'll regret almost daily. If you do end up raising a ton of money, then build away and make a...
  19. S

    Actor needs to file bankruptcy...

    $1.8mm in debt with an income of $180k? What did he think was going to happen? I see this kind of garbage all of the time and it's usually from people with much higher incomes.
  20. S

    Just heard a dad tell his son to go the slow lane to get a Lamborghini

    HOT! 
    This sums it up pretty well. My opinion is that money removes the worries of making ends meet and with that security comes a certain happiness and satisfaction. Am I happier now than when I was living paycheck to paycheck right out of college going to happy hour five nights a week? In some...
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