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jowaju

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About jowaju

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  1. Yikes, looks like I need stock in concrete flotation aides ASAP. And who can argue when you are in the business of pleasure?
  2. Yikes, MC, now I'm not sure about accepting that free guide. The interest charges are KILLER. And Bev, I know you know better than to mix business and pleasure.
  3. My thoughts exactly. Well I ordered these, now time to start finding people to pass them out to.
  4. Ok here's the final product, look ok? I think I like the first one better.
  5. How about one of these instead, I managed to get them to let me cancel and reorder, so which one should I go with?
  6. Yeah these wouldn't be my first pick if I intended to make this my business, but for now, they'll do. I do suppose FMV was a bit much, but what can you do?
  7. Ordered these a few minutes ago, thought I'd pass this info along. This is a great way to get started, or to test out a new idea. 250 Free Business Cards with blank backs from VistaPrint, you simply pay for shipping, which starts at $5.25. Makes each card about 2.1c. I attached the image of the ones I made, let me know if I missed something. Here's the link to Vistaprint: Here
  8. Got your package today MC. Gracias again amigo, I read through it in about 20 minutes as soon as I got home today. Even though some of it was stuff I had read before, it's just nice to have something you can hold in your hand. Looks like it's time to get this train in motion. My plan is to have at least one deal closed by the end of July. By closed I mean completed on both sides, with a tenant/buyer in place and cash in my hand. Oh BTW Bev, whatever happened with your raffle?
  9. I saw that Bev, isn't that wonderful, I actually will be getting my other Father's Day gift tonight, combined with being my first father's day as a dad and this looks like the perfect day. Thanks so much MC.
  10. Glad to hear that was what you were looking for. I'm not so sure about the t/b you requested, you must have missed my other post from earlier, I just started reading about this stuff on Sunday, I don't even have MC's materials, seeing as how I'm a broke new daddy and all. It'll come together soon enough though, have faith.
  11. Glad I could help Bev! The Dominatrix Option Raider! We'll just say me and google are good buddies and leave it at that. I can find just about anything as long as I have something to go on. I managed to find this naked site here, which I must say seems to be the best of the bunch from my research. Anyways, when I searched for a raffle near my zip it gave me nothing, but said that sometimes due to local laws they are not permitted to advertise on their site. A quick call or email should get you to the right place. Let me know if there's anything else I can assist you with Madam.
  12. Could it be the St Jude's Dream Home? It lists a few in California, although I don't know your zip code so I can't get specifics, but it looks like 12,000 tickets will be sold for these: http://www.stjude.org/dreamhome Bakersfield, CA Dream Home- For more information, please call 1-800-385-9134 or visit Wells Fargo, Hancock Fabrics and Green Frog Markets. Modesto, CA Dream Home- For more information, call 800-564-8758 or visit Hancock Fabrics or Tri Counties Bank. Chico, CA Dream Home- You may reserve tickets by calling 1-800-847-8573 or by visiting Tri Counties Bank and Hancock Fabrics locations.
  13. I can understand the paralysis, there's just so much to wade through. I am however, actively trying to combat it. In fact the only reason why I haven't already set this deal up is I am lacking the paperwork to complete the deal. I understand your manual comes with all the forms I will need, but at the moment there's just no way to squeeze out $100 to do this. We recently had our first child and my wife is now staying home to take care of our daughter. She will be returning to work in September, at which time our cashflow will begin to be positive again and I can purchase your guide and be on my way to freedom. I just can't jump headlong into this without having everything I need to at least show the seller that I know something about what I'm doing. Mark my words though, you haven't heard the last of me Thanks for the replies, that's why I was questioning the CA on this deal, as the profits could turn out quite nicely indeed if the first t/b walks after their year is up. I'm not opposed to doing a CA, but it seems like the best time to use that option is when other, more lucrative ways don't pan out.
  14. This is all speculation at this point, just trying to get a feel for the game around me. We looked at a house in the same neighborhood for rent about 2 weeks ago, it was renting for $900 and didn't look nearly as nice as this house. As far as comparable sales go, I live in a non-disclosure state (AR), so I'm not really sure how to go about finding comps. Also, can I ask why you would do a CA on this one, wouldn't that mean you would lose out on $100 cashflow a month and a final payday of over $4000?
  15. This is my first post here, so try not to dangle my flesh in front of the wolves. I have a question about rent credits. I know you said you almost always give at least 50% rent credit, sometimes 75% or even 100%. What price range are the houses you are doing this on. Appreciation in my area is only 3-4%, so it seems like a 50% rent credit would significantly cut into profitability. Here's a breakdown of a possible scenario I looked into earlier this week: Seller reduced price from $112k to $109k, now it's at $106k. Say I do a sandwich lease option to him for $106k for 2 years, with $700/mo payments. The house will appraise for about $116k (my educated guess). Even at 4% appreciation, that puts me at $120,640 after 1 year. Say my t/b signs for $800/mo with the option to buy at $117,900. $3000 Option Consideration would bring it down to $114,900. $4800 for 50% rent credit will bring it down to $110100. $110100 - $106000 = $4100. Wow, now that I go through that again that looks like quite a deal. Even at 75% rent credit that would put me at $107700, which would still be a $1700 payday at the end. Those number sure looks different than last night when I ran them, sorry for wasting your time. I'll go ahead and leave this post here so I can get some feedback as to whether I am missing something or I seem to have it down. I apologize for my newbie questions, I just started reading about CREI on Sunday afternoon, my head is still reeling with information overload.
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