[Karen37a]

The hardest part of having an iso with brokers in it is the brokers do not give a crap if the deal defaults. It wasn't under their iso and this industry was another pit stop for them. They are not veterans in the Financial industry.

That's why it amazes me when people are coaching these brokers to get an LLC and set up shop in the basement of their house.

They are illiquid, no skin in the game ( not even rent) and it's dangerous.

If you cant afford an office for 1k a month, you shouldn't be an iso. ( make your bones in a physical location until you can generate enough money to not commit fraud )

OR you must be supervised directly from a seasoned Iso or brokers broker ( if they want you)

[wefund21]

Well said!

[ryan $]

The hardest part of having an iso with brokers in it is the brokers do not give a crap if the deal defaults. It wasn't under their iso and this industry was another pit stop for them. They are not veterans in the Financial industry.

That's why it amazes me when people are coaching these brokers to get an LLC and set up shop in the basement of their house.

They are illiquid, no skin in the game ( not even rent) and it's dangerous.

If you cant afford an office for 1k a month, you shouldn't be an iso. ( make your bones in a physical location until you can generate enough money to not commit fraud )

OR you must be supervised directly from a seasoned Iso or brokers broker ( if they want you)

I disagree. At 19 I went out on my own and Started in my Basement.

As did multiple people I know that noe ave multi million dollar ISO and funding companies.

[Karen37a]

I disagree. At 19 I went out on my own and Started in my Basement.

As did multiple people I know that noe ave multi million dollar ISO and funding companies.

Ryan,

I am not going to debate you. Some of us paired up in the 90's and shared a secretary paying her $100 a week each( 4 of us) and sharing rent, running away from Boiler rooms they made movies about and everyone watches.( temporarily in west Hempstead not garden city.)..I was not in certain areas of IL either or other states( temporarily as a test)...that's why I know the west hemp to garden city reference in certain( many) states.

(Which is why when someone says West H vs GC in another state I call them out when they are bragging....and said "if you had money you would be in gc or wall st vs the bronx/west hemp etc")

Some brokers might start off in the house. BUT do not bs the bssing community. 10 points on a deal and 5 deals( 1 month) and you should be up and out to a small office at a minimum...1 month? 3 months?

Some people may want to just do a deal or 3 here or there and look out of their window of their house on the water, but make no mistake

All this bull virtual office crap has not gone unnoticed by anyone who can close deals.

I started with refurbished computers and slightly used desks on a few occasions ( only because I knew the brokers would not touch down and use the desks unless I fed them a free cheese sandwich or fed them leads )
I just went along with all this bull sh*t trying to be nice while pikers cursed me out playing big shot.

( no one is permanently in a basement popping shiate)

[MCNetwork]

Some brokers might start off in the house. BUT do not bs the bssing community. 10 points on a deal and 5 deals( 1 month) and you should be up and out to a small office at a minimum...1 month? 3 months?

Some people may want to just do a deal or 3 here or there and look out of their window of their house on the water, but make no mistake

All this bull virtual office crap has not gone unnoticed by anyone who can close deals.

I started with refurbished computers and slightly used desks on a few occasions ( only because I knew the brokers would not touch down and use the desks unless I fed them a free cheese sandwich or fed them leads )
I just went along with all this bull sh*t trying to be nice while pikers cursed me out playing big shot.

( no one is permanently in a basement popping shiate)

We live in the 21st century Karen! Many Fortune 500 companies have embraced the distributed workforce model because it's more cost-effective and productive than the traditional physical office model. 99.9% of our work is done all on the phone and there's no justifiable need to assume all the overhead of an office just to massage our egos lol. Remote workers can be just as productive (if not more) than telemarketers packed like sardines in an office. I work from home and my team is located all over the country and I would pit my closing skills against somebody stuck in an "office" any day of the week! Having an office doesn't make you a better salesperson. Closing a lot of deals does.

You boiler room types need to get with the times. Technology has come a long way since 1991. Having a skilled remote workforce can 10x your current productivity and make you more profitable.

[Karen37a]

We live in the 21st century Karen! Many Fortune 500 companies have embraced the distributed workforce model because it's more cost-effective and productive than the traditional physical office model. 99.9% of our work is done all on the phone and there's no justifiable need to assume all the overhead of an office just to massage our egos lol. Remote workers can be just as productive (if not more) than telemarketers packed like sardines in an office. I work from home and my team is located all over the country and I would pit my closing skills against somebody stuck in an "office" any day of the week! Having an office doesn't make you a better salesperson. Closing a lot of deals does.

You boiler room types need to get with the times. Technology has come a long way since 1991. Having a skilled remote workforce can 10x your current productivity and make you more profitable.

Archie,

Brokers can be in the basement of their house BUT not big ISOS and FUNDERs


not in the 90s, 2000, 2017

period the end...the rest is fantasy crap

( and I have brokers who work out of their house that do not come into the office, and brokers from other states)

The supposed "corporate headquarters" shouldn't be in grandmas basement. Is grandma the receptionsit and processor too?


smoke and bs mirrors

**and you do not run all over town sayng you are a huge funder conning people . You have always said you are a brokers broker etc.( which is part of the reason I liked you and had respect for you when I first met you)

[Kevin Henry-Seacoast]

We live in the 21st century Karen! Many Fortune 500 companies have embraced the distributed workforce model because it's more cost-effective and productive than the traditional physical office model. 99.9% of our work is done all on the phone and there's no justifiable need to assume all the overhead of an office just to massage our egos lol. Remote workers can be just as productive (if not more) than telemarketers packed like sardines in an office. I work from home and my team is located all over the country and I would pit my closing skills against somebody stuck in an "office" any day of the week! Having an office doesn't make you a better salesperson. Closing a lot of deals does.

You boiler room types need to get with the times. Technology has come a long way since 1991. Having a skilled remote workforce can 10x your current productivity and make you more profitable.

Agreed to an extent. I think it is always best to have a corporate office, but you can have workers in the field if properly supervised and have procedures and processes in place. Although, having a rented office never legitimizes a business. There are plenty of firms I know with rented office I will NOT do business with.

[ryan $]

Ryan,

I am not going to debate you. Some of us paired up in the 90's and shared a secretary paying her $100 a week each( 4 of us) and sharing rent, running away from Boiler rooms they made movies about and everyone watches.( temporarily in west Hempstead not garden city.)..I was not in certain areas of IL either or other states( temporarily as a test)...that's why I know the west hemp to garden city reference in certain( many) states.

(Which is why when someone says West H vs GC in another state I call them out when they are bragging....and said "if you had money you would be in gc or wall st vs the bronx/west hemp etc")

Some brokers might start off in the house. BUT do not bs the bssing community. 10 points on a deal and 5 deals( 1 month) and you should be up and out to a small office at a minimum...1 month? 3 months?

Some people may want to just do a deal or 3 here or there and look out of their window of their house on the water, but make no mistake

All this bull virtual office crap has not gone unnoticed by anyone who can close deals.

I started with refurbished computers and slightly used desks on a few occasions ( only because I knew the brokers would not touch down and use the desks unless I fed them a free cheese sandwich or fed them leads )
I just went along with all this bull sh*t trying to be nice while pikers cursed me out playing big shot.

( no one is permanently in a basement popping shiate)

I disagree.

WHy leave the house? My end goal is to fund deals from the beach all day long.

Im anti office, anti establishment the whole way

[WestCoastFunding]

I disagree.

WHy leave the house? My end goal is to fund deals from the beach all day long.

Im anti office, anti establishment the whole way

Pretty much. I go with the data. And the data says workers are more productive when working from home (Harvard Business Review):

https://hbr.org/2014/01/to-raise-pro...work-from-home

[johndough17]

I am sorry but I had to chime in here, to what you said to Ryan.

I work from home, and I pull in a hefty commission each month. I haven't gotten an office because I have no need for the overhead. Plus my wife likes that I'm home.

I get to work half naked all day, scratch my gonads, and do what I want, while closing deals and making good $.

I know another broker who works from home, and makes a good living too (40k-60k/month). He is a good honest guy too (only broker i trust).

Don't hate. We all do certain things for certain reasons.

Ryan,

I am not going to debate you. Some of us paired up in the 90's and shared a secretary paying her $100 a week each( 4 of us) and sharing rent, running away from Boiler rooms they made movies about and everyone watches.( temporarily in west Hempstead not garden city.)..I was not in certain areas of IL either or other states( temporarily as a test)...that's why I know the west hemp to garden city reference in certain( many) states.

(Which is why when someone says West H vs GC in another state I call them out when they are bragging....and said "if you had money you would be in gc or wall st vs the bronx/west hemp etc")

Some brokers might start off in the house. BUT do not bs the bssing community. 10 points on a deal and 5 deals( 1 month) and you should be up and out to a small office at a minimum...1 month? 3 months?

Some people may want to just do a deal or 3 here or there and look out of their window of their house on the water, but make no mistake

All this bull virtual office crap has not gone unnoticed by anyone who can close deals.

I started with refurbished computers and slightly used desks on a few occasions ( only because I knew the brokers would not touch down and use the desks unless I fed them a free cheese sandwich or fed them leads )
I just went along with all this bull sh*t trying to be nice while pikers cursed me out playing big shot.

( no one is permanently in a basement popping shiate)

[Karen37a]

I am sorry but I had to chime in here, to what you said to Ryan.

I work from home, and I pull in a hefty commission each month. I haven't gotten an office because I have no need for the overhead. Plus my wife likes that I'm home.

I get to work half naked all day, scratch my gonads, and do what I want, while closing deals and making good $.

I know another broker who works from home, and makes a good living too (40k-60k/month). He is a good honest guy too (only broker i trust).

Don't hate. We all do certain things for certain reasons.

for the 50th time. I do not care if people work at home naked or in their dirty socks and underwear.....your choice

People "pretending" to be Funders with processing departments and money to place is what annoys me and the non-transparency of it all. ( and those con artists have a high propensity to default and do fake cojs etc etc)

A few of us have stated we are brokers from day one, not funders. You never came on here trying to scam people under false pretenses and have offered get posts and comments

Funny thing..the ones who said they were "brokers" outproduce some of the fake and real funders