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All Forum Posts by: Gilbert B.

Gilbert B. has started 3 posts and replied 9 times.

Hello Biggerpockets.

Recently, I been looking at houses that are cheap and I found many of them to be in the pheonix area. I used zillow.

Im pretty sure I seen some homes for around 60k, heck even one for 25k.

My question is, Im in california. How do I buy a home in pheonix? Can I do it through a computer?

You can call and tell them you will evict them through all this through a phone?

I rather tell them I would evict them through a phone call then go to my property and hear and see their frustration where they might go berserk on me even if I did keep my distance

I would also assume that if you were renting out a home in an area where the lower the crime rate is then lower chance you have of being assaulted or robbed. But then again, I could be wrong

I would assume if you were renting a home in a high class area then you would have slim chances of being assaulted or robbed. But then again, I could be wrong,.

Or just have a property manager do all the work and hassle though it might take a cut from the monthly cash flow of the property

Yikes, seeing stuff like this sort of makes me not want to be a landlord.

But have any of you guys who experienced some sort of discomfort between possible future tenants, have something up your sleeve like

if you suspect something bad is going to happen and you say something like "assualt me and I will sue you" do you think the person will stop trying to be intimidating?

Post: REIT's..........?

Gilbert B.Posted
  • Posts 9
  • Votes 1

Hello Bigger Pocket Users,

I been here reading on this forum for some while.
I found out about REIT's some time ago, and I like the fact how you can invest in it and collect monthly dividends.

I seen some videos titled such as "reits vs etc"

It always comes to the point when people will say something like "with reits, I dont have to hassle with real estate, I just collect my dividends each month"

Well I just turned 19 and I was wondering if investing in reits since I have little money would be a good idea.

Say...if I was to invest in an REIT just for monthly cashflow then is reits good for long term casflow?

I have heard about Realty Income Trust "O" hence on its website it says "We have a 42 year old track record of providing dependable monthly income, generated by a portfolio of 2,500 under long term leases."

I guess what I am trying to say is, if you were to invest in an REIT, will you get monthly dividend income [depending on how much shares you buy] for the rest of your life? :idea:

Im also guessing that you wont be getting the same amount of cash from checks because of the value of the reit stock changes right?

Post: 18 and Hungry

Gilbert B.Posted
  • Posts 9
  • Votes 1

Yup. When I looked at your profile Runum. I was like yeah its the same guy from the fastlane forum. Lol

Thank you two for replying I hope to contribute my success to others when I start and have experience in the field of real estate

If he came to another landlord, and if the landlord felt something fishy about him and if the landlord rejected him from being in his property as a tenant. Do you think he would sue the landlord for discrimination?

Post: 18 and Hungry

Gilbert B.Posted
  • Posts 9
  • Votes 1

Greetings to all members here. I have become interested in investing last year. I thank my economics teacher for getting me into investing.

I know little about stocks and real estate and I want to learn more. I have been reading just about many threads on this forum on mobile homes and I have become even more interested.

I hope to contact and network with other like minded investors and help each other out.

Thank you and I hope we all can get to know each other.