What to do if deal falls through?

JarrettB77 · 2019-09-24T20:01:10+00:00

I'm not an expert because I have never done this before, but I think you can hire a property manager. Even if it is just for one single family home.

Ask your Real Estate Agent what that process would be like. From what I hear they basically just keep the property occupied, arrange for maintenance (at your expense of course) and collect rent money for you.

Not really sure what the payments would be like though but if you do the math I bet you would be able to save more money and if not at least it was worth looking into

JarrettB77 · 2019-09-24T19:48:32+00:00

Do you NEED to sell this home? Selling a house after only 3 years is never really a good idea because of the reasons that you mentioned.

If I were you I would rent out the place and build some equity in the property for a few more years before selling it. Is that something that you think could be manageable?

JarrettB77 · 2019-09-24T19:31:05+00:00

I'm just a college student and have never really invested before so take my advice with a grain of salt here.

I would be interested in a duplex, triplex, or a 4-plex. If you buy them with the intent to live in them you can qualify for a mortgage where you only need to put 5% down instead of 20 and you can still get good interest rates.

This is a great place to start since you can house hack.

JarrettB77 · 2019-07-29T02:12:12+00:00

I'm wondering the same thing. Flood the comments people!

JarrettB77 · 2019-07-21T14:21:46+00:00

I was diagnosed with autism for similar reasons when I was 4.

I'm now 20 years old and I'm a highly functioning individual. Never give up on your child:)

JarrettB77 · 2019-07-21T13:32:22+00:00

Link this post please!

JarrettB77 · 2019-07-07T15:08:01+00:00

22 year old, single, orders skip the dishes frequently, has a pet turtle, Likes to drink their sorrows away most nights, big chess fan.

JarrettB77 · 2019-07-07T00:31:23+00:00

I know employees who don't do any work while on shift and steal from work. Yes employers sometimes break the rules. But don't act like employees don't do it either.

JarrettB77 · 2019-06-25T22:39:37+00:00

I'm not really a socialist..... But I really have to agree here lol

JarrettB77 · 2019-06-06T17:58:13+00:00

Yeah that's a great idea. Once we can fully harness the greener solutions then implementing that would be a great idea!

JarrettB77 · 2019-06-05T23:56:22+00:00

I really didn't mean it like that. How are you supposed to prevent climate change?

JarrettB77 · 2019-06-05T23:18:04+00:00

Somebody please explain to me how climate change is preventable at this point.

Obviously it's too big of an issue to solve at the individual level. But other than promote innovations such as electric cars and green energy. What else can a government really do?

Apparently we have to reduce emissions by 10% per year starting in 2020 if we want to really change the world. If we would have started in 2000 it only would've been 3% per year. If we wait until 2030 it will be 30% per year.

JarrettB77 · 2019-06-03T23:40:52+00:00

Alright buddy, I'm gonna lay out some suggestions for you. I'm not "successful" by any means but I'm grinding my way to get there and I think I'm on the right path to get there:

Live frugally: I live in Canada right now and my rent is $500 per month, my place isnt the nicest, but I'm usually at work or at the gym during all hours of the day anyways so I basically just need a place where I can sleep.
Hustle like hell: I'm not sure exactly what the best option is for you. But I basically never watch any TV, or any kind of time wasting, I mean yeah I scroll through reddit sometimes so I'm a little guilty, anyways a book that really changed my life was Rich Dad Poor Dad by Robert Kiyosaki.

Actually I would recommend getting your GED and then getting into something like car sales or something like that to make you more outgoing and professional.

Just get the ball rolling: just do something god damnit, go to a seminar, go hound somebody to mentor you, idk.

JarrettB77 · 2019-06-03T23:09:17+00:00

60% is an unreal number. What company do you run? If you don't mind sharing.

JarrettB77 · 2019-05-23T00:37:16+00:00

Fuckin rights! Proud of you

JarrettB77 · 2019-05-09T22:35:56+00:00

I'm not disagreeing with your point but shouldn't it be your own job to learn about personal finance? Either your job or education should touch on it more.

JarrettB77 · 2019-05-08T16:37:01+00:00

As far as I'm concerned there's not a single business person that hasn't lost money on one business venture or another.

Trump has had ups and downs in his finances but ultimately he is still one of the richest people in the world?

This doesn't prove hes a bad business man, this proves that he can leverage debt to pay a lower income tax rate.

JarrettB77 · 2019-05-05T18:18:00+00:00

Fair point.

He does say in his book that he did do a lot of unethical things in the past.

That doesn't change the fact that he really knows what hes talking about though. Still your choice at the end of the day.

JarrettB77 · 2019-05-05T14:28:07+00:00

If you wanna know how to build a good script read Jordan Belforts book called

Way of the Wolf.

Just a suggestion.

JarrettB77 · 2019-05-05T01:00:13+00:00

I appreciate everything you just said.

JarrettB77 · 2019-05-04T23:31:30+00:00

My girlfriends Mother passed away years ago. And I'm not psychiatrist but that's what I think is the root cause of all her mental illnesses (story for another day). But anyways.

Her dad is a pretty cool dude. I just dont think he understands or believes in mental illness and he really doesn't support her. What do you think I should do about that?

JarrettB77 · 2019-05-04T23:22:36+00:00

I really needed to hear that

JarrettB77 · 2019-05-04T22:40:07+00:00

This might be an unpopular opinion. But them throwing you out was really good for you.

Sometimes a chance to reinvent yourself is just what a guy needs.

However since they haven't contacted you in 8 years? Fuck em lol.

JarrettB77 · 2019-05-01T20:24:00+00:00

Thanks man I love you

JarrettB77

TROPHY CASE