She said no, I was like....

[DrFever]

looking good there J
DHF??? WTF you talking about attacking you in vert ???? i am not talking or being negative in any form you make it sound so easy??? when its not period,if so everyone and there dog would be doing it.
To actually think that a person is going to rent to own a house lol tells me a few things
first off with only 20 percent of people who go this route actually fulfill there obligation and yes 80 percent default why you ask well obviously if you went to rent to own you have no money or credit to actually purchase a house ???? your a low life in the real world not saying you saying people in general going this route they got no money that is why they put there 2 - 5 percent down
Why not just purchase a house instead of owner calling you 24 hr's in advance to say i am coming over to look over my property ???? hahaha
Saying your boys are pitbulls lol you should look at kangals lol if you want a tough dog that is
To say do 10 grows and it will pay off your house is utter BS what is a average house going for these days ???? 150- 700 k your going to pay that off in one year ok there dude specially with low amperage ????
Perpetuals are no walk in the park ever wonder about staying under radar how can you do that when your using over 300 gallons of water over and above actual house hold usage per week would that not raise alarms as well ????
you need lots of rooms, lots of lights, lots of food , and lots of plants specially throwing in 150 plants every 2 weeks into flowering having 700 plants in different phases and 1200 clones let me tell you it becomes a GONG SHOW in no time

Bottom line keep it small have some smoke unload a little to pay for bills , and have some change in your pocket life is good.
supplement your monthly income. But to think your going to pay a house off in 10 grows is to funny

 

[Jbonez]

Doc, lets get over this business with DHF, he wasnt directing that at you..

What is saying is what all the biggest growers I know personally are doing.. Start with a house, get into real estate, always growing.. You wanna retire in this game its the only way..

Now.

Here are my gals, as per some helpful recommendations and things are looking fucking awesome.. I want to see 3/4 of a bow on this side.. Freds, that calmag was the ticket homie..

Next up to bloom in a few weeks, GSC, Louis13OG, Socal Master, Indi Bubblegum, 91 chemdawg

 

[bobblehead]

looking good there J
DHF??? WTF you talking about attacking you in vert ???? i am not talking or being negative in any form you make it sound so easy??? when its not period,if so everyone and there dog would be doing it.
To actually think that a person is going to rent to own a house lol tells me a few things
first off with only 20 percent of people who go this route actually fulfill there obligation and yes 80 percent default why you ask well obviously if you went to rent to own you have no money or credit to actually purchase a house ????
the story goes that he started buying houses rent to own... And then once sufficient credit and equity was established, he started buying houses outright. I'm buying 2 houses rent to own. The owners have no right to come in my house and inspect. They don't even have keys. Check your facts.


your a low life in the real world not saying you saying people in general going this route they got no money that is why they put there 2 - 5 percent down
Why not just purchase a house instead of owner calling you 24 hr's in advance to say i am coming over to look over my property ???? hahaha
Saying your boys are pitbulls lol you should look at kangals lol if you want a tough dog that is
To say do 10 grows and it will pay off your house is utter BS what is a average house going for these days ???? 150- 700 k your going to pay that off in one year ok there dude specially with low amperage ????
it really depends on your market... My first house cost me $45k, the second $12k. Buy a shit house in a nice neighborhood. Even an intermediate grower can pull this off...

Perpetuals are no walk in the park ever wonder about staying under radar how can you do that when your using over 300 gallons of water over and above actual house hold usage per week would that not raise alarms as well ????
if they're looking at your water and electric use... It's already too late... I live in a med state, and I don't give a fuck, they already know I grow cause I'm registered with the state. The DEA had a little interview with me and let me go to grow another day. Change locations before you begin to draw attention.

you need lots of rooms, lots of lights, lots of food , and lots of plants specially throwing in 150 plants every 2 weeks into flowering having 700 plants in different phases and 1200 clones let me tell you it becomes a GONG SHOW in no time

high plant numbers can be a challenge to manage with several rooms...

Bottom line keep it small have some smoke unload a little to pay for bills , and have some change in your pocket life is good.
supplement your monthly income. But to think your going to pay a house off in 10 grows is to funny

Bottom line... Too each their own. Just cause you can't doesn't mean I can't.

 

[Jbonez]

Agreed bobble, 5k here in the dirty gets you a "down payment" on any owner finance house you want.. Best part is, its your spot, no one can come in and say shit...

Ill be doing this in about 4 months...

I will say that if you rent and wanna grow like I am now, find an investor, one who owns the house, not a real estate company..

Ive been paying rent two years without so much as a phone call, I told him if the house has a plumbing or electrical issue, its only right I take care of it as I am incurring the wear and tear on the property..

Gotta be smart in this game.. Been going strong 5 years, and I worry not..

 

[silver hawaiian]

In the interest of not getting too much further derailed, I'm going to try to make this brief (and only address a few of the points here which are a bit skewed/out of context)

you make it sound so easy??? when its not period,if so everyone and there dog would be doing it.

This statement assumes that everyone in the world gives 110% in 100% of what they do. How many people do you know who do that? Vs the people you know who reach a certain status/income level/COMFORT level and say, "Meh, good enough for me."

There are plenty of people working high-level jobs or who have achieved high levels of success, and not because they're all MENSA members or have sold their souls to the devil. They just apply themselves, set goals, and accomplish them.

obviously if you went to rent to own you have no money or credit to actually purchase a house ????

Plenty of investors choose to borrow money rather than paying cash, for all kinds of goods. Why is a house any different? In a rent-to-own scenario, the seller is financing the balance of what you owe. That simple. Why play with your own money if you can borrow it on the cheap?

So when Apple or Google or a Hospital builds a new building, and they borrow the funds for the project, is it because they're dirtbags and lowlives?

what is a average house going for these days ???? 150- 700 k

Around us? $5-30k.

But to think your going to pay a house off in 10 grows is to funny

..pay off a $1MM house in 10 grows? Probably not.

A $30k house? Maybe, just maybe..

 

[Hundred Gram Oz]

Lets keep Jbonez thread on track fellas, hope you all got that out of ya's lol.

 

[DrFever]

Here are my gals, as per some helpful recommendations and things are looking fucking awesome.. I want to see 3/4 of a bow on this side.. Freds, that calmag was the ticket homie..

Next up to bloom in a few weeks, GSC, Louis13OG, Socal Master, Indi Bubblegum, 91 chemdawg
View Image[/QUOTE]

yup i think your girls are on there way to taking off growing again big difference in only a few days well done and good job staying on top of it

 

[FlowerFarmer]

I think the point in the owner financed/rent to own argument is that the house remain in SOMEONE ELSE's name while you do your dirt there. Can help in discovery avoidance should you get in trouble elsewhere, etc.. as well as asset forfeiture protection. aka..They cant take what isnt yours.

Its pretty much like renting except the home owner is expecting you to purchase the place therefore you are responsible for shit and the owner will not be getting in your business.

After the 1st year you move on to the next.. at this point you either have the proceeds to pay off the house (not meaning you are actually going to in one lump sum, but have the proceeds to call it "paid off")..

..keep it as a clean rental and pay the note each month.
..let it go.. forfeiting your down payment. Original owner gets their house back as per the agreement.. while you walk away having made a lot of cash in it without the normal concerns of a landlord or obtaining a loan through traditional lending.


But yea,
Anyone growing commercially and unable to put their mortgage/private loan behind them is doing it wrong. They should re-evaluate what they are doing with their profits and why they are taking such risks as commercial growers.

To actually think that a person is going to rent to own a house lol tells me a few things
first off with only 20 percent of people who go this route actually fulfill there obligation and yes 80 percent default why you ask well obviously if you went to rent to own you have no money or credit to actually purchase a house ????

Most people arent blowing it out with a high priced commodity that can be turned over ~6 times per year. I think you missed the point Dr.

PS - paying off anything with a low interest rate/finance charge when that capital can be better invested elsewhere with multiples the return is silly.
Owner Financed is a quick way to be in a spot with no landlord issues, no banks, no credit checks, etc...not because you don't qualify or are broke, but rather there are much better ways to go about it when obtaining for cultivation purposes.

Besides, I'm pretty sure an formal lender is going to have some questions as to why one is obtaining several properties. Now a days they simply are not lending like that.. at least not without strict terms (properties tied to properties) and higher rates. Please tell me another way how to secure multiples of properties with low down payments and low rates.. without anyone knowing any properties have connections with one another.


O.. did I mention.. fuck BANKS ..period!
Obtain housing through other means via land contract, etc.
Keep your wealth out of their system and into hard assets.

Fuck equity for the purpose of getting more financing. Keep your head down and continue to snag em on the cheap through non-traditional methods and you'll do great. Slow and steady wins the race, but the entire point is to secure some assets, do well for yourself and ultimately step out of the race as DHF has done.


Around here 1 small grow can pay off a house. Something a little nicer sure doesn't seem out of the realm of possibility for any successful grower.
150k house = 6-8lbs per harvest x 6 times per year. Anyone who knows what they are doing can do that out of a small bedroom. The difference between those that succeed and those that play this game with nothing to show for it are what they do with the money (re-investment or securing assets).. not how they make it. Making it is the easy part. Maintaining control of yourself while bringing in wealth is what I see ruining many around me. Wealth through Stealth as DHF preaches.. the only way.

 

[TheArchitect]

Not gunna say much except a trust is your best friend. If you don't know what that is, you better start learning.

Next. Count your p's for 3k or less. Overestimation will bite you in the ass.

Next count your lights for max 1.5 p's. Again overestimation is bad.

Next, unless you were pulling 5-6 harvest per light per year, don't count on doing that off the start. 3-4 is a safe bet the first year until things are bumping.

4 1ks will produce 18-24# first year, 54-72k less overhead should leave you with a conservative 34-52k dollar profit.

Land contracts are nice, and I'm willing to bet if you showed up to the owner at the end of term with 60k cash to pay it of as long as you had it in writing, they'd work with ya. No bank trail on your end.

As the saying goes cash talks....

And b.s. well...

 

[Jbonez]

.

 

[Hundred Gram Oz]

I've cleaned up this thread a little fellas, please try and keep on topic.

 

[Grizz]

just snuck in under HGO's clean up, yes im a low life scum bag, security, security jw is in the house.. lookin good JB

 

[DHF]

I`ve said this shit till I`m blue in the face......Some folks get it...most don`t........and Dr Fever......

I wholesaled my shit out @ 2K per lb and STILL made enough outta 10 pulls per yr from each location to pay off EVERY house I purchased either outright in my later yrs , or beginning with my lease to purchase contracts till I had enough liquidity to buy foreclosures for 50 cents on the dollar......so.....

Buyin a 120-150 K house for 60-75K when those those 10 pulls at each location was at LEAST 50 lbs per yr and MORE than pays for said house , or is there something else you don`t fuckin understand....and for the record......

What I referred to in that last post was about you naysaying and bashin lease to own properties and the negativity you `re spewin bout it can`t be done when I did it for over 20 yrs and still buyin distressed homes and fixin em up , just not growin in em anymore.....so......in closing.....

Some folks get this shit and most don`t......You DrFever obviously don`t.....and.....it would be wise not to spew bullshit and call me names or else yas most likely will seal your own fate and HGO`ll pull the trigger on yer dumb ass.....anyways.....

Onward and upward JB......Sorry this shit went on in your thread Bro.......say the word and I can stay outta the thread to stop feedin the trolls.......

Peace....Freds...........

 

[Grizz]

feed me, feed me, im hungry, easy freds, your old heart cant take to much stress,

 

[DHF]

feed me, feed me, im hungry, easy freds, your old heart cant take to much stress,

If you`re a troll JW , we`re ALL in fuckin trouble.......and........

Blood pressure 112 over 72 with the heart of a 25 yr old and a 33 yr old gf ta prove it........anyways......

Nuff outta me this day.......Gotta dress a 8 point deer I took with my bow that made the mistake of walkin cross my cowpasture lil while ago.......

Peace....Freds...........

 

[Grizz]

nothing but respect from me freds

 

[cannacoob]

man, i'm sure glad i finally clicked on this thread this morning! the title has been catching my eye for a few days so i thought i'd take a peek.

first of all, really nice closet setup you've got goin on JB. much respect. sure wish my closet was that size! a novice grower myself, i'm starting a new small closet grow soon--except mine is only 3.5 feet wide by 2.5 feet deep & 10 feet tall. (at least i'm not lacking in height!)

secondly, i've really enjoyed catching a few tidbits about the whole 'wealth by stealth' approach. thank you DHF. my low hourly wage job really wears me out and i desperately need to get my shit together to start my own portfolio.

 

[Jbonez]

man, i'm sure glad i finally clicked on this thread this morning! the title has been catching my eye for a few days so i thought i'd take a peek.

first of all, really nice closet setup you've got goin on JB. much respect. sure wish my closet was that size! a novice grower myself, i'm starting a new small closet grow soon--except mine is only 3.5 feet wide by 2.5 feet deep & 10 feet tall. (at least i'm not lacking in height!)

secondly, i've really enjoyed catching a few tidbits about the whole 'wealth by stealth' approach. thank you DHF. my low hourly wage job really wears me out and i desperately need to get my shit together to start my own portfolio.

Start from nothing, own failure for what it is, the most valuable insight one could have... Anything is possible in this game bro..

 

[lordofthenugz]

Man JB, I'm gone for a few days and the thread gets all MUD SLUNG! Pass me the windex and towels, let's clean this up and watch some females flower and ooze some heaven nectar.

Looking good homie. Yo gonna screen those bitches?>

Peace!

NugZ

 

[noyd666]

ya come on backk jb, was good before mud adobe was slinging. stick it to em dhf,loll.