How To Leave A Comment: VP Stephen Davis Will Show You How

19 Responses to “How To Leave A Comment: VP Stephen Davis Will Show You How”

1. 1 Dustin Miles
   May 6, 2009 at 10:12 am

   I don’t have a question, but I do have two quotes that I’d like to share:

   “All paid jobs absorb and degrade the mind.” - Aristotle

   “We are what we repeatedly do. Excellence, then, is not an act, but a habit.” - Aristotle

   Have a great day!
   -Dustin

2. 2 Stephen Davis, Host
   May 6, 2009 at 12:04 pm

   Thanks! Great and appropriate.

   Steve

3. 3 JN
   May 6, 2009 at 12:24 pm

   have you thought about an acting carreer? eh?

4. 4 Brian Lee
   May 6, 2009 at 12:29 pm

   I know! I told him to get his Emmy acceptance speech ready.

5. 5 Ara Hunt
   May 6, 2009 at 12:30 pm

   Ok, please tell us where to get this ‘vendor’ list. I would love to start giving it to my buyers and my investors.

   Thanks Chris! Talk to ya soon!

   Ara
   Realtor, Team Hunt
   Texas Home Central

6. 6 Stephen Davis, Host
   May 6, 2009 at 1:10 pm

   Ara,

   Click the Free Listener kit. The Vendor list is part of that.

   Everybody check out Dustin’s site:

   http://happinessisbetter.com/2009/03/26/want-to-be-successful-get-a-mentor/

   Thanks,
   Steve

   I http://www.stumbleupon.com like it!

7. 7 Natalie Pilkinton
   May 6, 2009 at 1:34 pm

   Click the free listner kit and you can get the vendor list there.

   Thanks for using them.

8. 8 Melanie
   May 7, 2009 at 11:32 am

   Hi Steve. I am new to this real estate investing biz. I have a question for you. Do you recommend my husband and I start a real estate business to do our investing?

9. 9 Stephen Davis, Host
   May 7, 2009 at 11:50 am

   Thanks for the question.

   We always use LLC’s (limited liability companies) on multifamily but seldom on single-family.

   We use a large $1 million dollar liability umbrella and proper management. Management is you number one asset protection tool.

   Do you have a mentor Melanie?

   Thanks,
   Steve

10. 10 David Fisher (PIG)
    May 8, 2009 at 12:53 pm

    Steve,

    Please read this thread on your site

    (Members may also comment by logging into the member HUB.)

    It seems A lot of lifestyles members all seem to share the same
    problem I am running into. If you click on link above you can see a
    thread I started on this problem.

    Maybe Del or yourself can answer this ? Someone that could show a cohesive plan for the changing loan restrictions put onto us by the lenders of single family.
    I don’t know who to pose this question too. Yes you can get a hard loan for 6 months but no one will refinance you after your personal income hits a certain ratio.

    We are talking good credit people with 800 scores and cash rich to a point.

    I can buy 2 houses financed after that I would have to use cash.
    I am told by 2 of your vendors the same thing. Texas Loan Star And Zeus, after 2 years I can be re evaluated as they will look at passive rental income then. What do I do in the mean time is there another lender program that will work.

    What is preached currently has changed and isn’t true. Recently the market and lending has changed.

    You cant get rich slow Del says…..

    You cant buy 10 you can buy 2.

    Our situation is this. I have 800 fico scores decent income. I’m in the process of cash out refi my own house for 190k in pocket and have around 75k in cash besides that. I have 265 k to work with i was hoping to use that for 20% down and repairs on 9 single families. After talking with the lenders they say you qualify for 1 maybe 2 conventional loans. After that they wont loan anymore they are looking at income and wont count rental income streams.

    They want to make sure we can cover the mortgages.

    What is the solution and work around. hard money loans are only for 6 months but you cant refi after due to no more income to back up another loan.

    Thanks again,

    David and Captain Karen F. in San Antonio

    Life is good i just need a better map right now. We are looking to be the shining stars to get the San Antonio market going. the plan wil work we know it. just need guidance !!!

    Please let me know what radio show might address this as it seems many are running into the same problem.

11. 11 randy
    May 8, 2009 at 8:02 pm

    THANKS for giving me the words and the thoughts ,and just the direction i can go to change my life,have u seen the commercial with all the rats in the squierrl cages,i am stepping from that with ur inspiration,of u THANKS STEVE UR THE MAN

12. 12 Steve Davis
    May 10, 2009 at 9:54 am

    Thanks for the kind words Randy. Your thanks is passed on to the people that helped me learn the stuff I am sharing with you.

    Stephen Covey
    Ben Franklin
    Robert Kiyosaki
    Del Walmsley (founder)
    and many more.

    Get the free reading list in the listener kit at the top of the page if you don’t already have it.

    Sincerely,
    Steve

13. 13 Stephen Davis, Host
    May 11, 2009 at 1:50 pm

    David Fisher: We will address your questions and comments on today’s show on AM 700 at 2:00

    http://www.ksevradio.com

    Call in if you can at 281-558-5738 or visit here tomorrow to listen to the show and comment.

    Thanks,
    Steve

14. 14 David Fisher (PIG)
    May 11, 2009 at 4:48 pm

    Steve,

    I missed the show. I’m in san antonio and was driving the kids around listening to Del’s show at that time on 1130 biz network.

    I will try and see if there is a pod cast of it. I am hoping to hear what was discussed. I really appreciate the fact you adressed this issue.

    Thanks again,

    David Fisher
    Hopefully a lead investor in san antonio soon !!!

    I drank the kool aide and i can see it will work if you keep at it.

15. 15 Stephen Davis, Host
    May 12, 2009 at 12:15 pm

    No matter what we say, you did it. You kept going and found a way before we even responded. Way to go.

    Blake has helped a lot of members do deals and I believe he will be able to help you.

    Thanks,
    Steve

16. 16 Scott Friedson
    June 22, 2009 at 12:50 pm

    Hi Steve,

    I heard your show on Father’s Day and loved it! I don’t think anyone has ever heard Steven Covey and Futurama in the same 2 minute time span but you’re right, once you hear it, you can’t unhear it!

17. 17 James Caldwell
    June 22, 2009 at 9:52 pm

    I have two rental properties on a single property with a large, inground pool. Since this is my first rental I was hesitant (for liability) to permit tenants to use the pool. I plan to rent the property for at least the next ten years. The pool is otherwise unused and I’m paying taxes on the $30k assessed property value. I’ve contemplated filling in the pool. What do you think?

    On the one side, I like the pool because it’s attractive to tenants and could be the deal winner…but it’s also an unwanted liability. Even if I could legally write-off all liability, a negligent parent who finds a baby drowned in the pool is too unsettling.

    Question for you: Fill it in and forget it or cover it and keep it? (How does this effect the tax assessment?)

    Thank you. I value your opinion.

18. 18 Jeff Smith
    June 23, 2009 at 12:25 pm

    Hey James, ask yourself how much liability coverage would allow you to sleep well. Price that amount of coverage, plus consider owning this property inside of a separate legal entity. If the rate of return is acceptable then keep it; if not fill it in.

19. 19 Affiliate Profits Club
    July 27, 2009 at 12:36 pm

    Def some good info here - keep it coming