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  • Users: GLC65
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  1. G

    Our newest investor!

    OFF-TOPIC 
    Congratulations!!!!! I was also born on February 13th.
  2. G

    The Millionaire Fastlane ... Book Progress

    EXECUTION 
    Can you share with us about how you will structure the book? Any samples? Regardless, it would be pretty cool to have the book so you can count me in for one if not multiples where I can give them for gifts to colleauges, family, and friends.
  3. G

    book on recession & opportunity

    Fastlanestomillions.com?
  4. G

    Re-negotiating Loans

    REAL ESTATE 
    The best leverage you have is your deposits. Entice the new bank that if they give you a new loan that you will transfer your business operating account and transfer all of your personal accounts. See what they say. Once they give you an offer, go to the next bank and see if they can beat...
  5. G

    The power of partnerships

    That is the reason why young people want to get into Harvard, Yale, Stanford, and other top schools. English 101 is English 101 whether it is Community College of Mayberry or Harvard University. You pay a major premium so you test your skills with the best of the best. Just my opinion. You...
  6. G

    Analyse this Multi family Deal

    REAL ESTATE 
    The figure I gave is just a vague figure without seeing the property and not bottom fishing. Certain points the potential buyer made like the Univesity of Arizona being close by and the blue collar work area as well as the vacants being rent ready seemed that $1.65 Million is the maximum price...
  7. G

    Selling shares of myself

    You should stick with one thing instead of spreading yourself so thin.
  8. G

    How to Save Yourself in this Recession

    HOT! 
    This recession, which I think is more like the beginning of a depression, has hit a lot of us from left field. I did live frugally and did not take exotic trips or vacations. I did treat myself out to a few Lamborghinis and Ferraris but never in my mind did I think the banking and credit...
  9. G

    Analyse this Multi family Deal

    REAL ESTATE 
    $1.65 million would be my price.
  10. G

    Analyse this Multi family Deal

    REAL ESTATE 
    Being mainly one bedrooms is a negative but sure beats being studios. Are all units rent ready or do you need to pump money into it? Why is the reason the property went into foreclosure? What type of tenants are occupying the units now? What is the square footage of the one and two bedrooms...
  11. G

    Where's my loan?

    REAL ESTATE 
    Maybe the FEDS bailed you out? Kidding aside, document everything and keep a log on who you talked to and what actions you have taken. Maybe a glitch somewhere but I can guarantee you they will not forget about their money.
  12. G

    When is it time to restructure?

    ''Maybe I did not understand your question but what I meant with liquidation is like me liquidating my $40 Million apartment complex. I just do not know who would purchase it at this time for the money that I will be content with. I might get a few low ball offers but how are they going to get...
  13. G

    When is it time to restructure?

    Liquidation now would be totally out of the question in my opinion. I would restructure your current business. Indianapolis is crazy. My property taxes on one of my apartment complexes went from $280K to $550K per year. I have no money for this type of increase and it is time for me to...
  14. G

    Why is the economy down? Or is it?

    OFF-TOPIC 
    It is like pulling teeth for me now but I am managing. I like to go at a faster pace but due to budget constraints, I can only do a little at a time. There was a time last year where I was losing $500,000.00 per month. I am above water now and globally profitable. I had alot of bad...
  15. G

    Why is the economy down? Or is it?

    OFF-TOPIC 
    I filed personal bankruptcy back in 1991 during our last recession. I make mistakes but never want to make the same mistakes twice. Never ever in my wildest dreams did I think the credit markets will be shut down. I agree with Runun and am doing something about our economic turmoil instead of...
  16. G

    Why is the economy down? Or is it?

    OFF-TOPIC 
    It is not a bunch of doom and gloom but it is the FACTS. Things will get worse before it gets better. I don`t know what planet you are on, but forget watching the news, look around and see it for yourself. Go around and drive by around subdivisions and see how many foreclosure for sale signs...
  17. G

    New here, recent NYU Grad

    Job market is real tough these days. My recommendation is to keep on studying, even part time if you cannot go full time, while still looking for your ideal job. Education is the best guarantee in making yourself marketable.
  18. G

    Unothodox offers

    REAL ESTATE 
    I get junk mails from people wanting to buy my properties. They state they have cash in hand and are ready to purchase my properties. I might be on some mailing list. Never called them before.
  19. G

    Ever worth going after tenants for rent owed?

    FTE REAL ESTATE 
    This is a real good post. I am having my COO look into a way where we can report timely rents on all three national credit bureaus and report delinquents and skips. I will make a point to find out what my company does when we evict. I am sure we can give the deadbeats to a collection agency...
  20. G

    Cmon 1000!!!

    I did five exotic car transactions last year and he is a stand up guy. Remember, though, that they are used cars and he only charges a $2,500.00 premium

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