Also the courts like bondsman because we don't need extradition or warrants. We are protected by Supreme Court case law Taylor v. Taintor. So if a...
"So if you ever spend money on recovering the bail money, the expenses to recover the bail that you incur like the expenses that you pay to bounty...
Also my portfolio will never be touched. 1 percent of the face value of the bonds, meaning 10 percent of the 10 percent premuim of all bonds I...
If somebody skips court and we have to sue for the loss, it's very easy to get the judgment. They signed a contract so it's essentially a default...
I'm single If I had a family I wouldn't work from home. I have a very secure home, a security system and barrier bars on doors. Somebody could...
I use no cash my cash stays in my portfolio that's the difference. I'm making money off of investments that are making money.
I have a small office in my home that was partitioned off, it has a small security window with a document slot and waiting area. The cosigner...
You can do both, you can still actively trade it. The state doesn't hold it. You show them proof of value they give you 15x that amount in surety...
Yes it is. I use the invesments in the portfolio, I can still freely trade them. So I make my returns off my investments and profit from the...
Good points here this isn't something you could compound, only so much business to go around. I live in a state that has an obscure law that...
I'm going to give you an example of what happens when somebody doesn't show up on court, when they no show they send us a letter and a court date...
If bonding wasn't profitable why would people do it?
Poindexter surety, Lexington National, Roche Casualty and Fire, American Surety Company. Have data you can research. In 2017 over 2 billion in...
Like the billions in risk that car insurance and health insurance company's have? If everybody on a policy wrecked they would go out of business?...
Long term data of bail bond investing, over 50 years worth, shows a 9 percent return vs liabilty. But liabilty is not actual money invested, what...
Hopefully I answered most of your questions. Like I said I didn't make this post to show off, I did it to show that unconventional investments...
We indemnify the bond, so the defendants family is responsible for the recovery fee. So the defendant would be back in jail and his family would...
It's a perfect inperfect system. We could privatize defendants release. Then we the tax payers would pay for the supervision while they wait...
He's not very well Like by most professional agents. He is what gives the business a bad name. I despise people like him in the bonding business.
Of course it's true, I didn't make this post to bull shit you guys or to show off, I did it to show that there's unconventional ways to invest and...
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