Crypto-Currency Part Two, Stan Larimer Continued
FAR 116 Expected Air Date: 02/05/18 Opening: Today we continue our series on Crypto-Currency and blockchain technology. We continue today with Stan Larimer who calls himself the Godfather of BitShares. Stan retired from a successful career as a rocket scientist and inventor and now has become one of the pioneers in the crypto currency craze. Is it a fad that will fade? Is it a trend, a sign of the times? How does the technology work? What are the implications for real estate investors? We\u2019ll learn that and more coming up in just a few minutes. Announcements:
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- Stan Larimer
- Diego, Dallas, TX, \u201cThank you for sharing the buying formulas for rental properties. Please explain more about cash on cash return and capitalization rate. What\u2019s the difference?\u201d
- Chip, Perry, GA, \u201cI heard someone say that you should figure the cost of an apartment building based on the market cap rate. I didn\u2019t really follow but didn\u2019t want to admit that in the conversation. Please explain it to me.\u201d
- Esther, Milwaukee, WI \u201cI went to a seminar where they were going to sell me turn-key rental properties and finance them to me at 12% for 15 years. The loan to value would be 60%. They assured me these were great below-market deals and I would make money. Can you tell me whether this is true?\u201d
- Warren, Harrisburg, PA \u201cDo you ever make exceptions to your \u2018all in for 70%\u2019 rule? If so, when?