MichaelC
-
Content Count
11,059 -
Joined
-
Last visited
-
Days Won
95
Posts posted by MichaelC
-
-
WooHoo! What a game! 10-7 in OT over the Eagles! Go Big Blue!!
-
An investor may need to show he/she has good credit. Truth is, I have been asked by only two or three homeowners for a look at my credit history. That's two or three out of maybe two hundred deals. So, it may never come up.
That aside, good credit is still something to strive for because it will certainly make your life easier when the issue does arise.
You are correct. There are three major credit reporting agencies and, yes, each can and will have different information about you. You'd be wise to view all three agencies reports and then proceed to make the necessary corrections, assuming there are errors.
-
Daryl, my focus on lease purchasing is because, for me, it is a good fit. I started out the "traditional" way. Buying with conventional financing, fixing, making payments while fixing, tenants and toilets, etc. I figured there had to be a better way. That way turned out to be lease purchasing.
I can get into all the reasons why here, but it would become lengthy. If you haven't already done so you can read about what I call The Lease Purchase Advantage on my website. This will hit on the highlights for you. If you still have some questions or want more specifics, let me know.
-
Andrew, when it comes to business cards, my belief is "less is more". Have you ever received a business card from someone that is so "busy" and full of numbers, text, and pictures that you don't what business the person is in? If so, you understand what I mean.
The primary purpose of your card is to make available to the recipient a means of contacting you. Your card is not going to sell anyone anything. When you hand your card to someone it is usually during a brief conversation. During this time you are doing the salesmanship. Your card is a followup with your contact information. Again, less is more and simple is better.
No need to get fancy or expensive, in my opinion. And I would definitely not place my residence or personal address on my card, either. You don't want strangers you meet knowing your personal residence. Not a good business practice in this day and age.
The basics should include your company name, your name, business/mailing address, a phone number or two, an email address, and that's about it. If the name of your business does not clearly indicate what your business is about, then you may need to also include a brief description.
For example, one of my business cards reads: CARBO PROPERTIES, LLC.
Immediately beneath that: Specializing in Lease Purchase
-
1) Dave T won a free copy of The Naked Investor for this informative post. Congratulations, Dave!
2) Maria Buscher has won free enrollment in my Program One Mentoring Course for arranging my speaking to the members of the San Jose REI Club on July 11, 2003. Congratulations, Maria!
3) Christopher J. Stephens won a free copy of The Naked Investor for this suggestion. Congratulations, CJ!
4) Scott(pa) won a free copy of The Naked Investor for this post. Congratulations, Scott!
5) Scott Topole has won free enrollment in my Program One Mentoring Course for arranging my speaking to the members of the Wealth In Real Estate Group in Jacksonville, FL on April 9, 2003. Congratulations, Scott!
6) Devaki Das has won free enrollment in my Program One Mentoring Course for arranging my speaking to the members of the Richmond Creative Investors Association in Richmond, VA on March 29, 2003. Congratulations, Devaki!
7) Option8 won a free copy of The Naked Investor for this suggestion. Thank you, Option8!
8) Troy Ross, founder of the Richmond Creative Investors Association, has won free enrollment in my Program One Mentoring Course. I am scheduled to speak to the RCIA on March 29th, and Troy has generously offered to transport me from Reagan Intl Airport in DC, to Richmond, VA. Thank you, Sir, and congratulations!
9) Dana Ragland, a member of the RCIA, has won free enrollment in my Program One Mentoring Course for generously offering to transport me back to the airport from Richmond. Thank you, Dana, and congratulations to you, too!
10) JerseyJeff won a free copy of The Naked Investor for his help provided in this thread. Congratulations, Jeff!
11) Michael Pine has won free enrollment in my Program One Mentoring Course for arranging my speaking to the members of the Long Island REIA in Melville, NY on October 8, 2003. Congratulations, Michael!
12) CC Rider - MI won a free copy of The Naked Investor for this thoughtful post. Congratulations, CC Rider - MI!
13) Chris&Kez won a free copy of The Naked Investor for this amusing post. Congratulations, guys!
14) Grannyguru won a free copy of The Naked Investor for this thoughtful post. Congratulations, Granny!
15) Doug Pretorius (ON) won a free copy of The Naked Investor because, well, because I like beavers. Confused? Follow this link to a winding and amusing thread that began as a discussion about cheap bandit signs.
16) Gene Doerr has won free enrollment in my Program One Mentoring Course for arranging my speaking to the members of the Northern Illinois REA, in McHenry, IL on July 7, 2004. Congratulations, Gene!
17) Lydia has won a free copy of The Naked Investor, and free enrollment in my Program One Mentoring course because she deserves it and, well, because I like her spunk. The post which may shed light on this can be found here.
18) Mr2Monster won a free copy of The Naked Investor because his attempts at doing just that were so obvious it was sad
. Never let it be said I am heartless.19) jowaju won a free copy of The Naked Investor because he is married with children. As an old Al Bundy type myself, I couldn't help but empathize.
20) draegarfrog won a free copy of The Naked Investor because he and his wife are selfless military folks. It's the least I could do. Thank you, draegarfrog!
21) Paul Strauss won a free copy of The Naked Investor for this informative and helpful post. Thank you, Paul, and congratulations!
22) West Coast Girl won a free copy of The Naked Investor because I like seal fur longjohns. (Post 16 for those too lazy to read the entire thread
)23) Lanceh won a free copy of The Naked Investor for this very informative thread. Thank you, Lance!
-
WINNER!! Congratulations! You've just won a copy of The Naked Investor for a great post! Please email me at admin@naked-investor.com with your mailing address.
Hello, Dave, and welcome to The Naked Investor. Thank you for that informative and insightful post. I know that depreciation and taxes are an important but very confusing issue for many investors. Your post clarifies this subject very well.
Again, thank you for sharing that, and stick around and offer your advice and opinions. That what this board is all about.
-
Daryl, you are right in not assuming that what is legal and proper in the US, would also be so in Canada. You'd be surprised at the differences in real estate law between states, let alone two different countries. That said, I am not personally familiar with the specifics of Canadian law. Perhaps someone will come along and know more than we do, (I know, I know, it's a new board, and it's kind of quiet right now. That'll change
Spread the word, amigo!).In the meantime, perhaps these sites can provide you with some information, or point you in the right direction:
http://www.duhaime.org/Real-estate/cabcreal.htm
http://www.realestate-canada.com/services.html
http://www.law-lib.utoronto.ca/resources/t...ic/property.htm
http://www.actualhomes.com/canada/links/Re...te_Lawyers.html
Daryl, hopefully this helps and gets you started. In the meantime, come back, register, and become a regular. If you have any additional questions we can help you with, just ask. And let us know if these links helped any.
-
You're welcome. Hang around when you can. You're on the cutting edge of something wild and wonderful here............at least we at The Naked Investor think so
. -
Hello enero, and welcome aboard! In a typical sandwich lease deal, the progression of how the closing takes place is pretty much as you described. There may be some variances depending upon the specifics of a deal and local customs. However, your position in the middle of the sandwich usually does not require financing. The tenant/buyer, the end user as it is, is the one who needs to deal with the lenders.
You sit there looking handsome and smug, and after the dust settles walk away with a check for $_______ (fill in the blanks). It's an enviable position to be in.
-
Thank you, munruss. I appreciate it. The site is taking shape nicely, and I owe it all to my nephew and his coworker, who have built it from scratch.
I especially like the Real Deals page, too. I'm hoping those success stories will serve as motivation to those who wonder if this stuff really works. Well, those Real Deals are real world proof they do!
-
Hello, Andrew. How are things on your side of the world? Thank you for the kind words. Christmas was great! And the food, oh, the food!
The site is a work in progress, so do visit often. There are always improvements on the drawing board, and updates frequently added. Presently, we are in the process of adding more pictures and details of completed deals in the Real Deals section of the site.
And, of course, if you have any questions, don't hesitate to post them in the Lease Purchasing forum.
-
Good morning, Bill. Thank you for stopping by. It's Christmas Eve morning, so I probably shouldn't be here right about now. There's a lasagne to prepare, and I still need to buy that tent for my mother in law. (No, she isn't going camping. She wears it as a house dress
). But, I digress........I'll be looking forward to speaking with you after the Holidays, and let's see if we can organize my visiting your REI group. I'd love it!
As for the work that went into the board. You're correct. It was a lot. Fortunately, it wasn't my hardwork. That's what nephews are for
. Remember my motto: Don't work harder, work smarter.Merry Christmas, Bill, and to all.
-
Free One on One Training is discussed on my website, right here. For anyone who is interested in receiving either free mentoring, or free One on One training, I am making this offer again here.
If you can organize a small group of people who share our interest in creative real estate, I will come to your town and give a full day of One on One Training to all of you. For organizing the event, you attend the day for free! The other participants will receive a greatly reduced fee, as well. So, if One on One Training is something you have always wanted but perhaps couldn't finance, this is the way to make it happen. Please contact me at sales@naked-investor.com for full details.
Interested in one of my Mentoring Programs? Invite me to come speak at your local REI group. I will do so for no fee and travel at my expense to your town. Your reward for putting together the speaking engagement will be free enrollment in my Program One Mentoring Program.
Please contact me at sales@naked-investor.com for full details.
-
Post something in any of the forums that I, or even another member thinks is particularly worthy, and I'll fire off to the lucky recipient a free copy of my book, The Naked Investor, (The Creative Techniques of Lease Purchasing Stripped to the Bare Essentials).
It could be something controversial
or side splitting funny in OFF TOPIC.Maybe something especially helpful to your fellow investors and newbies here on the forums.
In other words, anything that strikes me as worthy. So, don't be shy. Let's all have some fun, live and learn, educate, laugh, do deals, earn profits, and prosper.
-
1
-
-
This is a forum for discussing various aspects of real estate investing and investments. Feel free to ask questions and reply to others.
However, the following are not permitted:
1) advertisements or solicitations. (Classified ads are permitted to registered members in the various Classified Ads forums. Any ads outside of the appropriate forums will be deleted.)
2) untrue defamatory statements.
3) obscenities.
4) name calling and personal attacks.
5) posts unrelated to real estate. (There is an Off Topic forum for everything else).
For additional information about these forums, or about naked-investor.com, please review the Terms of Use
Thank you for visiting. Stay awhile, and come back often. Your input is appreciated and helpful to others.
Ya gotta love the NFL!
in The Corner Bar
Posted · Report reply
The old man is right, for once. The Giants should have played much better. They tried their hardest to give the game away. Fortunately, the Eagles were also in a giving mood. Nice to see the Christmas spirit lives in the NFL.
Colt 45?