Doug is proud to have built and maintained a solid reputation in the local business community. Although he values written agreements because of the clarity they provide, he has successfully executed on many deals that were made on a handshake. He has never had a foreclosure, filed for bankruptcy or even missed a mortgage payment or bill that he is aware of. He maintains a blemish-free credit report with a credit score of over 800.
He is grateful that he was able to build up his net worth from around $25,000 when he began investing to several million and that he was able to use those funds to enter the land business. But with that said, he does acknowledge the importance of both borrowing and pooling funds to do even larger deals, more deals and to maximize the returns on those deals. That, of course, brings us to the creation of Hawthorne Income Fund, which he encourages you to participate in should it meet your investment objectives.