The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 80,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Join FREE
Download Books
No Ads? Join Insiders
Free registration at the forum removes this block.

Search results

  1. M

    Having trouble finding motivation to finish my flip.

    MINDSET 
    Our last rehab felt like it lasted forever! It took a little over 8 months to complete. We only hired out a couple of the largest jobs and ones I didn't want to do myself. In hind sight it probably would have cost about the same if I had used more hired help as compared to doing it mostly myself...
  2. M

    Cat Urine House

    REAL ESTATE 
    Worst case you need to cut out the effected subfloor and drywall and replace! It sounds drastic but if you try several different techniques that don't work well enough you'll come out ahead using this method. If the cats used the same areas over and over again it would be extremely difficult...
  3. M

    Online Business LOC or hard money

    Take enough cash from your LOC, to make the purchase, put in your bank account and have the bank can write a letter for Proof of Funds verifying that you have the money to make the purchase. MickeDee
  4. M

    Anybody have a Rent To Own Agreement?

    REAL ESTATE 
    Make sure you're potential "tenant" understands the difference between a RTO and a lease with option to purchase. Your written agreement needs to be more than clear about what it is. I believe in my home state (mi) if you are not careful an RTO agreement can be argued to be an owner financed...
  5. M

    Equity vs. Cash Flow

    REAL ESTATE 
    Cash flow is king in todays market! At least in my local market. If you purchase with equity build up/appreciation as your primary goal you had better be independently wealthy and willing to feed those properties on a regular basis. Creating cash flow and forcing some appreciation is a good...
  6. M

    Dan kennedy's "The Phenomenon"

    Has anyone purchased/used this program? Is it worth the time or money?
  7. M

    my credit mistake...looking for options on a sfr

    REAL ESTATE 
    Flip the contract to someone else for the EZ money. I'd take a quick nickel over the long dime anytime. Then get your credit issues worked out before tackling your next deal.
  8. M

    Dower rights and purchasing property in LLC

    In the state of Michigan, can I purchase a piece of real property, using an LLC, without my spouses involvement?
  9. M

    Small Mobile Home Park? Financing Ideas?

    IDEA 
    I've been speaking with a potential seller of a small MHP with 6 slabs. He owns 4 mobiles and rents the other 2 slab only. The property is actually 3 seperate parcels which may be split 1 more time in the future. Will the fact that it is 3 parcels make it more difficult to obtain financing? Does...
  10. M

    Hello from W. Michigan

    Very small. We have 5 units total. Talking to a potential seller about another 6, and looking for another SF rehab. Average price per unit is high $30's. Some Single family Bank Owned props are so cheap that the price per unit # makes me wonder? Several in the area we deal in are under $20K...
  11. M

    Hello from W. Michigan

    Mainly for income. Wish it would do more...major competition because of the economy here! Hopefully RE will provide a little velocity. Lots of deals in this area. Currently waiting to go see a SFH 2 bd 800 sq ft bank owned listed for just under $10K. Could rent for around $550/mo after...
  12. M

    Hello from W. Michigan

    I've been a lurker for a long time and finally made the move to join. I found this site recommended by someone on the richdad site. I'm from the Grand Rapids area, own and operate a small residential and commercial cleaning company, and invest in real estate. We have a couple of single family...
Top