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  1. Excalibur

    Flipping Cars

    I wonder if there's an avenue worth pursuing with title loan places? I figure these types are dealing with high risk and get a lot of repos. I doubt they want to be in the car selling business, although maybe they send them to auction.
  2. Excalibur

    How to detect deceitful people

    HOT! 
    Great thread! I struggle with trusting people, and often times I trust too much. I wonder if people with ill intentions pick up on that and exploit it? I’ve read that narcissists are able to detect that. I find it mildly fascinating since I completely suck at reading anyone, good or bad...
  3. Excalibur

    Why they say "McDonald's is more a real estate business than a food business"?

    Walmart does this. They buy more land than their stores need, so they can control who their neighbors are, as described in this article. THE WALMART way
  4. Excalibur

    Why they say "McDonald's is more a real estate business than a food business"?

    Control.
  5. Excalibur

    My Real Estate Progress Thread

    EXECUTION 
    You're one of the few people I have seen that think that way. I also agree. I bought my 1st property and paid it off in 3 1/2 years. Bought a 2nd on a 30 year note to allow breathing room, with intentions to pay off under 5. Perhaps not fast lane, but I am comfortable with my pace.
  6. Excalibur

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    My research shows the Aerobus was manufactured from '62 to '77.
  7. Excalibur

    Appliance Flipping

    HOT! 
    I 2nd this. I deal in scrap metal. You'll lose money hauling them to scrap. One idea might be to see if the yard will let you buy appliances? You'd want to get them before the claw does. My inventory comes from ads offering free scrap metal removal. Many times it's a stupid simple part. With...
  8. Excalibur

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    Paid $1,300 for this. Sold it for $3,300. Extra misc parts in bed I sold for $1,000.
  9. Excalibur

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    Bought this in September at a government auction. Opening bid was $500. I was the only one. So $500 plus $75 for tax and premium. Flipped for $2,500.
  10. Excalibur

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    I've been slacking off again. Here's a flip from June. Bought it in May. Had a few weeks of fun driving it. Took it through the parade. Then sold it. Paid $6,500. Sold for $13,900. Maybe could have gotten more, but I couldn't find too many in this condition to compare. Either they were total...
  11. Excalibur

    23 and own shave ice shack, coffee shop, yet stuck

    INTRO 
    Just read the entire thread. Sounds like you'd be happier doing shave ice instead of coffee? I ran a shave ice business from 2003 to 2014. Wasn't a huge moneymaker, but I did okay. I also pondered getting into coffee, since so many customers said I should. In the end I decided it would be more...
  12. Excalibur

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    There were 4, that IIRC sold between $3,000 & $3,700, plus 16% premium and 6% sales tax. There might have been some money to be made, but I was partnering with my dad on this one, and that was too much risk for me. He sees what I do and wanted to try it. Just got back from Colorado and sold the...
  13. Excalibur

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    Can't get pic to upload. File is too large. Don't know how to fix that. ETA. Let's try this. https://www.facebook.com/photo.php?fbid=10154556590195153&set=pb.500855152.-2207520000.1416113510.&type=3&theater I'm allowed 5 vehicles per year. I looked into what it would take to do more, and for...
  14. Excalibur

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    I'm slacking. I did 2 flips this month. A bagged Dodge Dakota. Picked it up at an auction for $1,416. Asking $2,800. Settled at $2,200. Heat shrink tunnel. Got at auction for $59.47. Flipped for $1,000. Currently sitting on step van # 16 I think it is. Paid $615. Asking $2,500. Will...
  15. Excalibur

    Question about HELOC

    REAL ESTATE 
    Red, I could ask my HM lender if he'll report to the bureaus. Reason I didn't want to get another HM loan is he charges 10% plus penalty if paid off in the first year. A 10% mortgage was a large part of my motivation to get it paid off quick. Plus with him I am pretty certain I'll have to borrow...
  16. Excalibur

    Question about HELOC

    REAL ESTATE 
    Not sure if this is the right place to post this? I have a question about a HELOC. I applied at my bank (credit union if that even matters) and the person taking the application wasn't very helpful. Probably because once she learned I had a 600 score, it was in her eyes, a lost cause. She...
  17. Excalibur

    Thoughts on Cars (subtitle... why you should not buy a Lamborghini)

    NOTABLE! MINDSET 
    Great thread. My first and last financed vehicle was an 8 year old Chevrolet Silverado that had been lowered. At the time I was into lowered/street trucks, so when I saw one for sale locally, I just "had to have it". Couldn't find a bank to loan me the money, so I ended up taking out a cash...
  18. Excalibur

    Self Storage Industry

    REAL ESTATE 
    fastmentors.com link doesn't work. Did a domain search and it shows as available so I can only assume..... Is the video available elsewhere?
  19. Excalibur

    19 Years old: First RE Deal done

    REAL ESTATE 
    Why ask $6,000? Ask for $1,500 down and $250 a month for 36 months. If they default, you repeat. $1,500 down and $250 a month... Not many people are going to have 6k cash to hand over. That's why they ask "how much down and how many months"? Off the top of my head I would advertise on...
  20. Excalibur

    Self-Filling Water Bottle

    That's pretty interesting. I am constantly fighting the water that condenses in my air compressor that I use for plasma cutting. All the while I'm cursing the amount of water I purge from the drain, traps and filter, it never occurred to me to develop a process to extract water from the...
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