MASSIVE OUTDOOR GROW

[filimagno]

hi folks ...i understand so well the point of BAKED BEANS, cause first acrylamide is dangerous for human organism, and second one if we grow outside we cannot destroy the nature for take some tricks for growing cannabis.

i assume that a very ECOFRIENDLY solution is adding to the soil:
pomice (vulcan stone )
bentonite (light stone )
manures (it increase the water retemption)
Various compost + wormcasting
________plus you could act with a thick layer above the soil surface , just like a texile sheet who is able getting pass the water troughout the surface to the soil.
this could help in the prevention of the water evaporation.

in my country the farmers of grapewine use this tecnique both for prevent badherbs and water wasting by evaporation.

 

[filimagno]

ah ...i forgot another one ECOFRIENDLY trick:
we can always try with the rain's dance of the native americans EHEHEHEHEEH

how i can understand as well .....!!!.....in these days i use 90-100 litres a day for watering 10 big plant and few others more little...is absurd the waste by the evaporation.
Some times the big part of the damage is by the wind and his force....so i figure out that if we grow in deep holes,or with green fences, this problem is going down.

 

[GorillaGrower]

First.. The rain dance DOES work.. I did the jig.. yelled to the sky.. and shouted.. Rain!! or I'm gonna come up there and choke it out of you! well it worked.. it rained two nights in a row after all summer.

2.I would give up water crystals.. if there was a better alternative. But to me water crystals are part of a system, one that should definetly use mulch, and composted materials.

3. Fili right on with wind drying out plants quicker than anything. If they are in the open or in a field they have a great chance of drying out quicker.. than in a large break of a forest. Or say on a hill side top .. they dry out real really fast.. compared to lower areas with less wind force. so picking the spot can make a big impact on how much work you'll do down the road in maintence.


There was a marathon of those flip shows yesterday... I watched a few and my GF started taking over and watching. Shes was getting all into it.. probably because she wasn't realizing 1. How much cash they are dumpin in 2. that the houses are in a more prime market 3. That its alot more stressful than just picking out what color trim in the den. HAA how blissful it must be to be totally ignorant of how much work life really is. ; D

 

[BakedBeans]

Hey guys, I'm not trying to ruffle any feathers, but more to just set a good example for the people reading this thread on down the line. We all have to take care of the planet and that means every little bit adds up to a lot.

Pumpkin thanks for the link, I'll check that one out!

We have had over 36 inches of rain in the month of July, and a whole skyload more the month before. It has been the weirdest Summer I have ever seen. I haven't even been able to plant yet.

Thank you for listening to me. It is not a crime to present ecological issues. It affects our children's children's children.


J, glad to see you go organic. Plant away dude!


bb

 

[Guest]

one of the things i just do not get is the idea of planting out ...and at end of season "with no maintenance" picking up the harvest ...seems too good

i've put plants out in large #'s and carried them thru a season ..it is a LOT of work ... does not happen like magic all by itself ...and BY FAR the most work and labor is keeping the crop from drying out during the 1st month of growth ...

hence the disscussion about water crystals ... i've never used them

how much do they really cut down the amount of wate labor in a large op?

great thread

 

[Julian]

Lot of good things above......I have something to add.....(fuckin nightmare of a day....zoning, building department and attorneys....) Will add something when I get a chance....

 

[pakalolo420]

There was someone selling a potato starch based water retention product a few years back... can't seem to find it on google.

 

[Julian]

There was a marathon of those flip shows yesterday... I watched a few and my GF started taking over and watching. Shes was getting all into it.. probably because she wasn't realizing 1. How much cash they are dumpin in 2. that the houses are in a more prime market 3. That its alot more stressful than just picking out what color trim in the den. HAA how blissful it must be to be totally ignorant of how much work life really is. ; D

I figured I would hit this one first since it's the "mode" I'm in today/right now......

See, my problem with those shows is that every one is a success story....

Furthermore......my bigger problem is some are not even....

"A profit of 80k"......what about price reductions, negotiations, closing costs, commissions, carrying costs.......

Asking price?

Ummmm........when was the last time anyone, anywhere paid asking price on a property?????

So.....you saw last night? (I've seen all those.....)

Which is MY favorite?

MY favorite is the first timer ("Property Ladder"......was "Min Su" fro Houston or wherever"...where they guy fucked everything up, wrong budget to start, put financial partner who was very reasonable in unfavorable light, didn't do what he should have (driveway and all landscaping should have been in budget from start), blew it by rejecting a fair offer and sat on market 16+ weeks and "went onto another with another partner"

THAT ONE was my favorite , and, frankly, they should show more of it.....

Your points:
1.Prime Market: Not true......it's the property...anyone who has ever looked for and bought a home knows basically the "good stuff" is 1 out of 20.... , in almost any location, or any price range....

b (Should be noted that always works best in lower price ranges.....)

2. How much cash.....
All depends on who you are working with....

Good example:
"Finished full basement...." I've seen firsthand people quote 25k!!!

I dunno......I have people, and, could find people in an hour to get it done for 5k or less (same job as the 25k.......) Good example was guys floors......13k the kid pays for 2 rooms?????? Doesn't even clear mold issues kid's spending 13k on 2 rooms?????

(Note: Seller is liable for future mold issues unless fully disclosed, buyer brings in someone to test, mold removal quote, and signs off......)

Who you use can determine everything.....

3.Stressful, picking things out, etc.....
It's not that bad....and, fairly simple and straight forward, and, a lot of time can go with your guys recommendations....

Lot of things these days as shown are just neutral colors, white trim...fairly straightforward, and, if working with good guys, can also take suggestions from their portfolio when thinking about "different" things.....

Really not that bad......REAL problem is finding guy and crew who do good work, reasonably priced, and, straight forward............

They had another one with 2 brothers from LA doing an 860k home...came out at 1.1MM......"profit" 110k......

1.They skimped to save money.....(carpet instead of hardwood.....1.1MM home....you don't skimp.....)
2.somebody should tell him a commission and close on 1MM is 60k
3. Someone should also tell him that at 1.1 level, people are going to come in 100k lower right off the bat (or more )

ie: "Ohhh....1.1MM...well....let's offer 1.1MM

I REALLY have a problem with those shows....(I like to watch , stuff like that always gives me ideas, etc, ...but, I think VERY MISLEADING for the average person who wants to quit their job and be rich.....)

(Mind you...I've got almost 15 years in with buildings, financing, rehabbing, etc, so....you know.........it's what I do.......a rookie/novice.......might miss a lot of stuff, budget incorrectly, etc.......That's why I don't really [recommend it per se, but, it works, can be done, is viable, but, a much more delicate process than many might think...(I could go into a project I have now that would just make people puke from the stress.....constant.......(owner of building being unreasonably difficult.......wondering if we should just tell him "listen fucko, get with the fuckin program and fast otherwise we send complete building docs and expenses to IRS ) (Now...if he had been reading THIS thread...he would know how to work his numbers, but, he's one of those "bank 200k, declare 20k kind of people)

(Just a fun thought....not in my nature to do that though.....unfortunately..)

It can all get pretty fuckin messy sometimes.......

 

[Julian]

Hey guys, I'm not trying to ruffle any feathers

J, glad to see you go organic.

I don't think you did in the least and completely reasonable that if a more friendly alternative it should be used.....

I'll try them in the future, and, if work well, will make a point of doing so.....

Yeah, I always do (although, I have to confess......when running short and nothing some MG time release finds it's way in...(but...that's like less than 5% of total and only if out of everything else, etc.....still gets used by surrounding vegetation of course also...)

 

[Julian]

The other issues mentioned above.....The entire issue boils down to penetration.....(evaporation issues as I mentioned earlier from those unreasonably hot days, etc..)

Point being, I tend to as said.....mainly early on I get them in fairly deep holes, right before rains, and, usually does the trick (enough moisture for them to settle in and get some fair penetration...one they do...usually good to go and can withdtand much more than if otherwise.....ie: roots 2-3 feet+ down.....completely different from surface conditions.....has always helped me a lot....

Crystals in my case more mandatory for uncovered city spots..(pure sun, sun up to sun down, only rain to carry them through, so, heat and sun can be unbearable in those spots......supplies going into location limited also, otherwise I would do a top layer on em to help out with ground cover, moisture retention, etc, BUT, of course object is also to just blend them in also, so.....any kind of "tending"....or signs of.....really can't do it....(and, it's truly brutally hot in some of those locations......lack of ground cover/vegetation does NOT help either......)

Filimango......I don't doubt it....was just having a conversation with someone this weekend about what they are truly capable of drinking......it's really astonishing how much they can drink and eat.....

 

[Julian]

one of the things i just do not get is the idea of planting out ...and at end of season "with no maintenance" picking up the harvest ...seems too good

Not sure if a repeat.(below)....not a good day for me.....

All depends when , where, and how you get them in...ideally, you want to set up right from start, get you through until enough penetration, and, your good to go (I think I did repeat this......)

i've put plants out in large #'s and carried them thru a season ..it is a LOT of work ... does not happen like magic all by itself ...and BY FAR the most work and labor is keeping the crop from drying out during the 1st month of growth

how much do they really cut down the amount of waste labor in a large op?

Potentially? A lot.....

All depends on region and rainfall.....I don't water, period, ever in many regions.....and, I truly think in the majority of plots I use crystals it's basically the difference between everything fine and making it to next rain and then getting friend.....

(I said earlier...one of city spots I had basically got fried fairly quick early on to a crisp in basically record time......Everything else surrounding it (even as close as 50-100 ft away, same soil)...basically fine.....doing well...(could be better, but, considering I did minimal holes, 0 maintenance, etc.....they're okay....heat and sun is killing them (figure of speech) right now.....but, main problem now with a lot of those spots is getting too large (for the locations....not even triggered yet and pushing 3-4 ft....)

I tell people , as a general rule....they can , for the most part, sometimes make the difference between getting to next rain and not....

Earlier in season (as below, above, whatever), it's basically getting them in early enough, deep enough, and, always, regardless, scheduled before rains....(sometimes really inconvenient, but.....really sets the whole show up for rest of season.....

I think they can make a big difference.....in many cases, and, save people a lot of work.......(coincides with earlier......ie: Let's say you have a plan to be out and water.......well, the crystals in itself may very well save you a trip that week if timing good, and, also, even for those with irrigation, the same, can save a trip (and, let's be realistic....any trip is exposure to some degree..........

 

[Julian]

Think I kind of double posted over topics there...sorry...mind a little cluttered....

 

[kbn727]

Great Thread, Thanks for so freely sharing your knowledge with the rest of us. Been following and rereading these massive threads almost daily, can't wait to see what else you have to share with us. These threads have really got my mind going so many different directions.

I'm with you on the flipping shows, I can't even watch them. Been doing it successfully myself for a few years. Haven't seen a show that actually makes money if you were to figure out the true costs. And then that doesn't even touch on the leg work to finding real investment properties. Just a numbers(in more then one sense) game that pays off but you have to put the time in. Just like everything else. Wish I had a dollar for every conversation about real estate investing I've had that turns to 'I've see this show and i want to quit my job to...' Alot more to it as I see you already know that. F'in makes me sick.

Having only run a couple small ps indoor grows, these massive commercial topics are a little out of my area of experience for now, but are opening all sorts of possibilities. Hit and run with some investment properties, returns could be ridiculous!!! But then again investment props. with no money out of pocket create almost infinte returns.

Question that I haven't seen addressed yet... regarding your last round "1st week of August" of late season mini's. If your are running straight female seeds how are they mature enough to flower by the time flowering initiates at your latitude (north of TN, I am assuming 38ish ) considering you dropped them say 7/25 to be outside by the 7th of August. Going by a daylight chart I looked at earlier flowering should kick off 8/21??? less then a month from being germinated. 12/12 from seed outside esentailly?

 

[Julian]

Great Thread, Thanks for so freely sharing your knowledge with the rest of us. Been following and rereading these massive threads almost daily, can't wait to see what else you have to share with us.

Very kind of you to say....glad of value and use.

These threads have really got my mind going so many different directions.

I think this is the most important thing.......expand options...possibilities.....renewed outlooks when people see that "what is possible" is actually quite a bit more than they previously thought ....

I'm with you on the flipping shows, I can't even watch them. Been doing it successfully myself for a few years. Haven't seen a show that actually makes money if you were to figure out the true costs. And then that doesn't even touch on the leg work to finding real investment properties. Just a numbers(in more then one sense) game that pays off but you have to put the time in. Just like everything else. Wish I had a dollar for every conversation about real estate investing I've had that turns to 'I've see this show and i want to quit my job to...' Alot more to it as I see you already know that. F'in makes me sick.

Well....I got 15 years under belt, and, honestly, I just kind of "discovered" them within the past year or so......(Of course, had to see because it's becoming a little overwhelming these days, so, had to see some for myself....)

Now, I can see the numbers on the shows.....(of course they tend to focus on good cases only from what I have seen)...but, personally...what I would like to see (instead of them talking about "profit".....is them actually stating:What was their market time, what were their reductions, what were closing costs, commissions, etc, and, what was their true profit...

ie: I bought for 300k, I put in 35k,ran 5 over 30k budget, carried it an extra month with a total market time of 90 days to close, and after all expenses, my pre-tax NET was......18k (or, my after tax profit and true net was 15k, etc......

(Of course, people forget this is a show....entertainment....(I always laugh about the 30 people coming to open house and offers supposedly 15k over asking ..)

(To others, the reason of course I find this of such amusement is wondering exactly how much they paid each attendee, since of course open houses have been phased out of the industry.......My guys (RE Broker) would say "If your agent is doing an open house, ask them wtf they aren't working instead" (meaning....if they are competent, business is good, why are they sitting alone watching a baseball game )

Now, going back to an earlier subject, this topic a very good example of the: "I......Um.....Hmmm...."

I get people every day of my life "I want to do this, how can I do that, can you show me how"....

You know what I tell em?......

"No problem.....how much money do you have, what's credit, and, we can start tonight.....I have crew ready and I just saw something nice I can get you into...forget the shows, will make about 20-30k....should I call my guys and have them set a showing for it and bring docs? (contract, docs, etc..)"

"I.......ummmm...........hmmmm....."



Handed on a silver fuckin platter.....30k by a fuckin trusted long term proven pro..............

I.......ummmm.....hmmmmm.........

Now....let's go further into people and behavior (cause fired up now )

People want to talk about it[./i] with their friends.........they want to talk about it with family.........they want to "check it out"...........

(What is even funnier is the people who they rely on for input, have never done it in the first place!!!!!!!!!!!..(always a lot of that going around ......)

(Of course, what then happens is these people....who are most of the time even less successful than they are.......and who have even less exposure and knowledge.....tend to offer negative opinions.......which of course discourage them..........)

And that's that.......

(I've seen it 100 times.....and, in 100% complete and total honesty..........well...I know.....because....I was one of them too......(many, many years ago.....)

Until eventually I realized 2 things:
1.Never rely on opinions of those who are less successful than you....

(sure...discussion always helps....but, most people can't simply leave it at that.....and merely use it as a "sounding board"...to learn.....to even bounch their own ideas..."

2.They're all idiots.....

(ie: Why in the world would someone turn to a lifetime 9-5'er, as, say.....a machinist (just an example, no offense at all to them ) to ask about the financial issues and details of a flip? (real estate, construction, financing???)



(Hold on....I'm going to call my friend who owns a restaurant so I can talk to him and ask him his opinions and what he knows about commodities trading )

I used to be that way also...many of us are...unfortunately.....we spend all that time talking to the wrong people......

Luckily...., it occurred to me WTF am I even asking you....

Never rely on those less successful....

Back to the "I...ummm...hmmmm....."

I make money..........

That's what I do...simple as that.......several ways.....I do it very well because I love it...people not only know it, but, they see it in some cases first hand (might take someone for a ride to something I just bought, sold, etc.....)

Now......if you were to go with such a person, and, they told you " Listen.....I'll set you up, take care of it....tell you exactly what to do, etc, etc.....you'll make 30k"......

What kind of fuckin idiot says "no"????????

(Frankly...kind of pisses me off because I never had that chance.......)

But they get it handed to em on a platter.......

Anyway......sure point is very clear.....and made......

Subject gets me "uppity"

Having only run a couple small ps indoor grows, these massive commercial topics are a little out of my area of experience for now, but are opening all sorts of possibilities. Hit and run with some investment properties, returns could be ridiculous!!! But then again investment props. with no money out of pocket create almost infinte returns.

Well....angles that could be played are infinite, and, as said somewhere in this mess , "little guy" could even benefit more than larger (because larger already better off....little guy needs it more".....)

Exactly man....you got it above...

(Key is always to be careful........entire thing addresses reducing risk.......incorporating other things together, etc...compound returns, etc......)

In short: Multiple income streams...

Question that I haven't seen addressed yet... regarding your last round "1st week of August" of late season mini's. If your are running straight female seeds how are they mature enough to flower by the time flowering initiates at your latitude (north of TN, I am assuming 38ish ) considering you dropped them say 7/25 to be outside by the 7th of August. Going by a daylight chart I looked at earlier flowering should kick off 8/21??? less then a month from being germinated

12/12 from seed outside essentially?

Exactly. That's what "late" is in general...reduced veg time...exactly the same as indoor...more veg time, larger the plant, less veg time, smaller the plant....exactly.....

(Note:As above, the later I go the faster my turnaround...later ones above turnaround was about 5 days (that included pics )

Forget any outdoor charts.....

Thousands of strains, all with different triggers.......not like indoor (ie: 12/12)....everything will trigger different......(Note: When someone is working on the same thing, easier to establish from the start........ie: someone working with something who is going to do 4 weeks planting, so, in future, they know how it will perform so how to best suit height, location, timing, etc..........)

(I sometimes have a little problem because always running different things....some a little earlier, some a little later, etc...sometimes too large, sometimes too small....etc...)

 

[GorillaGrower]

Dude the minsu episode was awesome.. the wife was my favorite in that one.. actually its funny in all of em. The husbands don't ever know exactly WTF there doing and the wifes always behind him going "I thought you said this was gonna be don last week?" BLah blah blah.. its like every home usa.

With all the RE talk Mo..julian. When choosing a realtor or lender.. do you have any tips to help out the masses?

How long after one own a property should you try and refi it to a better rate.. I imagine its whenever you could prove doc or score went up enough. should one check at a local realtor and then ask for their loan officer.. or should one check a national lender online? or both?

 

[clearcutter]

Now......if you were to go with such a person, and, they told you " Listen.....I'll set you up, take care of it....tell you exactly what to do, etc, etc.....you'll make 30k"......

What kind of fuckin idiot says "no"????????

Well i hate to admit it, but me. Not real estate but other business opportunities. When i didn't know, i didn't care. But now that the opportunities are no longer there and i realize what i could be doing instead of what i'm doing i say to myself, what a fucking idiot.

People want to talk about it[./i] with their friends.........they want to talk about it with family.........they want to "check it out"...........

(What is even funnier is the people who they rely on for input, have never done it in the first place!!!!!!!!!!!..(always a lot of that going around ......)

(Of course, what then happens is these people....who are most of the time even less successful than they are.......and who have even less exposure and knowledge.....tend to offer negative opinions.......which of course discourage them..........)

Thats exactly what i've always done. Ask for advice from people that knew the same as me. Maybe even less. Until i read your post i never even realized it.

This thread and the other one have made me more motivated and driven than i've been in a long, long time. Thanks.

 

[Guest]

what about the herb itself ...

j ... in your world what do you consider to be a good price $ for grade "a" outdoor grown ... per pound/unit

thx again for the considerable amount of time and attention that you give this thread everyday

peace ... star crash

 

[kbn727]

Sorry to get you all fired up there Julian. Hard to help people sometimes.

What is even funnier is the people who they rely on for input, have never done it in the first place!!!!!!!!!!!..(always a lot of that going around ......)

makes me think about people hanging out with others not quite on their level to feel better about themselves.

Leads to problems down the road, as there is no inspiration to improve yourself, and you limit your exposure to what is possible. Comes down to some have a natural 'vision', some need to be shown, and some will never see past their 9-5er(nothing wrong with that, some just don't have the stomach to handle risk)

surround yourself with people who are more successful then yourself and there is a pretty good chance you'll be succesful as well. they must be doing something right.

people think about money in different ways. It can do or can't do alot of things for you, depending on how you look at it.

Anyways Im off to look at some properties and make some money 30k thats more then alot of families of four live on for a whole year, lunch money for some.

GG- RE agents- find the top producers in your area, most agencies will have some sort of accolades for there company. These are the agents who are getting deals closed. They will be able to put in touch with a number of excellent lenders. It would be impossible for them do be at the top without a rolodex of good lenders. Most people don't buy residential properties without financing and need to get loans.

 

[Julian]

Dude the minsu episode was awesome.. the wife was my favorite in that one.. actually its funny in all of em. The husbands don't ever know exactly WTF there doing and the wifes always behind him going "I thought you said this was gonna be don last week?" BLah blah blah.. its like every home usa.

Fuckin best one I ever saw!!!

(I really don't watch em, so....am going to check for that specific show now and see when I can catch it....."Property Ladder"....I guess they do people's first things, etc....not like....you know all the others where everything is fine....The real stories Yeah man, it killed me I must have told like 30 people to watch that one

With all the RE talk Mo..julian. When choosing a realtor or lender.. do you have any tips to help out the masses?

Yes actually...I do.......and, stuff I feel fairly strong about....

1.Someone you like , can talk, and relate to...........

a. "experienced"....well, I've met a lot of "veteran/pro's".....

They're fuckin obnoxious.......

I don't like "sales talk"....I don't like bullshit.....I want real, true answers........

b. Anyone who has experience and knowledge knows a 1st deal rookie could sell something just as easily as someone with 30yrs in.....(and, frankly, if your in for 30 years...I have to wonder...why not retired..........if your that good

I live by that phrase....I use that phrase, and, frankly, everything I do has been based around that phrase.....

ie" Well, if your so good, then why aren't you doing it" (pro)....

First time someone ever said that to me.....really annoyed me, and, I thought a pretty smart ass thing to say, but, within a minute, realized they were absolutely correct....

Everything I do in life is based on that phrase.....

c.3.whatever A rookie comes under their broker...anything they don't know........they ask and learn....so...people underestimate rookies.......

When I have looked at vacation stuff, etc, anything not local, I always asked to speak to broker and said "I want your newest"...(to give em a chance, etc...)

d.Something else many are not aware of....

That nice person? (usually women .....) I have interacted a lot with agents, and, let me tell you I cannot even count the time that I have said:

" Does your client have any idea that you behave like this???" (ie: because if they knew, they wouldn't be a client.....)

Referring to moody shit, bad attitudes, things which basically might cost a deal.....(I'm, buying something right now where I came close to slapping around owners agent several times actually......and, tempted lately to put in a call and tell them I'm not going to talk to him again...he's uninformed, incompetent, I can't have a simple conversation with guy, and, might cost his client this deal if he doesn't snap out of it and cut the bullshit......pretty big deal..so....commission for them probably 20-30k....)

The true expertise of an agent, and, really, their value is once your into the deal.....so..in this sense...rookies can fall short, but, you know, they work harder, and, I appreciate it..(My guy gets his piece anyway, so...I just tell him who I want for deals.....which used to be very attractive women , but, eh......now I go for guys who are hungry, hard workers,
etc......

Back to the point:
Why someone you like?

Because you very well might end up talking with them every day, several times a day for months on end......

Mortgage, slightly different.....all about fees......easy to juice someone on a mortgage...so......

I always tell people my general rule of thumb is:
If they can't readily and confidently tell you what they are making, they are making too much...

Back to the "I........Ummmm.....Hmmmm...."



Well, then maybe cut that figure in half so you can spit it out freely

RE industry fairly misunderstood.........(ie: I see people change their agents all the time because won't sell, etc.....usually they're just not listening to first one telling em what the price should be )

(one of buildings I'm buying now.........they have switched agents like......5 times ......problem is of course owner is an unreasonable idiot .......)

Agent is an agent is a broker is a broker.......simple as that..........(I don't like the "pro's".......I meet a lot when doing stuff anf they walk around like they're friggin rock stars because they make a little money

Maybe someone should share with them the "4 senses of self" (They're a friggin agent........get a little money and they think they're Trump" )

Anyway......I tell people get someone you like.......deals can sometimes go for quite a while (my problem deal entering 5 months since contract......residential easier and quicker though...but, I'm sure point taken....)

How long after one own a property should you try and refi it to a better rate.. I imagine its whenever you could prove doc or score went up enough. should one check at a local realtor and then ask for their loan officer.. or should one check a national lender online? or both?

Nah, use same broker that you did, and, most cases they will do for very cheap (the refi later)...all depends on situation.......(ie: If you have credit issues....then you wait until cleared up....if income and documentation issues?...well, you might not be able to unless that changes, etc...unless you fix everything in next year or so....)

Also, huge thing going on with people defaulting on adjustables...I'm not a fan of adjustables (bear with me, cause this is going to twist and turn a little and think everyone should do 30yr fixed's.....(like rates are not going to go up? ....

2.Even if one can do a 15?.....Why? (goes back to preserving capital, etc.......Go with 30, If you can, you can always pay extra principle
and not only reduce term, but also in the process reduce rate.......ie: 6% on a 30, with a pre pay, your end rate might be 4%, etc....rates are past that, just an example...

3. Not really addressed but relating to the above is that one should keep in mind especially where flipping is concerned, your ideal is to build reserves/capital, not spend it...

Reason being because (not addressed)......lenders give you loans, you close them out in 3 months....well....ummm.. They don't like that...they are losing money, and, you'll be cut off and broker will be cut off also if running too many (ie: they make they're money on the back end, long term...you flip a loan in 60 days...they are losing money on it.....so.....ideally, one builds reserves and can then buy for cash (which is actually nice and a lot of people do because then you have just eliminated carrying costs.......)

(Now......this can be as simple as a couple people doing them together, each puts up 50-75k, etc....specifically for that .....(I know couple guys who started like that.....I think started 50k each, 4 guys, etc.........they do cheaper stuff,...)

Of course people think off track, what does this have to do with growing?

Everything........

Rentals are risk, security issues, sooner people can get into something they own the better....(indoor?......what about outdoor?...)...well, your still prepping for outdoor, many running higer numbers so actually just as applicable for either .....

"extra money comes from growing......what to do with that to best benefit one?...etc....

Bottom line.."average" person.......(ie: doesn't own...), just owning something.....improved safety...security, and, avenue which "extra" money can be utilized and still provide legit, longer term benefits ....

Just the above can change a lot of peoples overall situation, and, as earlier.....still applicable for even someone doing 5-10lbs a year...possibly even more (because they need all the help they can get to develop things...)

 

[Julian]

Well i hate to admit it, but me. Not real estate but other business opportunities. When i didn't know, i didn't care. But now that the opportunities are no longer there and i realize what i could be doing instead of what i'm doing i say to myself, what a fucking idiot.

Well, and of course blue collar sometimes have trouble adapting to white collar methods....I know, understand, and aware.....

I didn't always do what I do, so......at some point was the same to a degree....(I've been in all spots mentioned at some time or another, so, more pointing things out than judging anyone, and, of course, you can't judge to begin with because anything anyone is, or thinks today, is really only today and in no way who they are or will be, etc, etc, etc.....)

I think the other problem is people "want to think about it", when, really, they should be asking more questions about opportunity presented to them to make an informed decision, etc...(ie: people shy away because not in their "comfort zone", but, as just said, at the same time they really don't seek to explore further.....

Note: imo?...anyone "real" will be more than glad to answer all questions, at anytime.....one of my "rules of thumb" in dealing with anyone.....

Thats exactly what i've always done. Ask for advice from people that knew the same as me. Maybe even less. Until i read your post i never even realized it.

This thread and the other one have made me more motivated and driven than i've been in a long, long time. Thanks.

I've done it when young........

Really?.....has nothing to do with learning or understanding...

It's about approval.......

People seek the approval of others........ That's what that whole process is about.......(because if all peers agree it's smart, wise, good, valid, then it of coursemust be ......)

What happens though is they don't.....and, people have a reason not to...

You also then have discouragement even if one is into something....etc...so, lot of angles to that....

Some might also say psychological angle is fear of failure......(discussed above, comfort, familiarity, the unknown......etc)...

Of course, few succeed in everything they do, always, forever, so...such is life......(this can also be applied to every aspect of ones life........always hits hard with relationships, men and women etc........ie: "picking up women" ......You try...either it works or it doesn't...you'll never see them again it it doesn't...so, why care about a minor event, lasting moment, with someone you will never see again? ..........

(Again, an example of "what does this have to do with, etc, etc...)

For the most part, anything and everything can be applied to everything, all the time

(An further example of that point would be tending to plants and relationships ......We all know over tending is a mistake many make when starting out.....and, we also know over tending in relationships is bad (people need space, leave em alone, etc

Life is all, all the same, no matter what the subject

(And if you leave them alone, and, they are still there? They're yours )

(I thought that was pretty funny )

Now.....many have different perceptions about what I say, and, how I say it, but.....I talk about things people don't, and, I laugh about things people don't....

We are who we are.....We do what we do....no ones perfect....you know you do something, think something...can change should change?....

Takes a big "man" to see, realize, and do so........

I have the utmost respect for people who can....

All this stuff....eh, we've all done it at some point...mere blink of an eye in life......and, you move on (hopefully a better man for it.....)