All Forum Posts by: Justin Y

Indiana. As long as there is a tenant in there, you decrease your risk considerably.

Thats awesome Mike! I planned to buy 12 properties last year (once a month). I didn't reach the goal because I was also going to college full time 4 days out of the week and taking 5 classes.

This year, I changed my goal to a profit margin of $100K in revenue.

Yep, this has happened to me as well. Theres a few groups of organized "copper stealers" that know what they are doing. They have broke into my previous properties by kicking down the door as to not damage the frame and went in without the neighbors noticing and broke down a wall and then steal all the copper piping connected to the bathroom with all the fixtures attached. They were in and out briefly. Copper piping is easy to replace, but the costly part is fixing the wall because it takes time and labor. Its an inconvenience and it happens to vacant homes. These guys go out of town to sell the scrap copper for a few bucks. They now require ID at the local salvage yards/hardware places due to this happening. I heard from other investors that its happened to their vacant property as well and that the copper gang broke into the powerplant to steal copper and ended up electrocuting themselves.

I put a sign on the back door before it was occupied, saying: "THIEVES: The copper piping has already been stolen here, don't waste your time here!"

I have a meeting with a seasoned MHP investor and I'll see what he says about your concerns and let you guys know what he says.

leaving for Vegas on wednesday for the SEMA show. I can't wait... its an annual tradition for my friends and I. I'll have to take some pics so I can share them with you guys. :woohoo:

Being an investor, gambling is counter-productive to our "investor mentality", but poker is a thinking-man's game and one of the few games I do play when I am there. I view gambling more as entertainment than a way to make money, its the experience. :rock:

last week I could see the fire burning from my house, in two different areas, one on the hill directly across the lake which was closest and other further on the other side of town. Very scary. Its been raining ash and smoke has blotted out the sun ... its like the apocalypse over here. What gets me even more angry is that the fires were arson... :pissed:

you should do stand-up part time along with your investing! :D

I cannot access the Real Books program on their website

Since I cannot post URLs according to the forum's rules, but its located at: realbooksonline dot com

Anyone else having the same problem?:crazed:

I'm taking a look at PropertyCenter at the moment however... :beer: :type:

Could do a lease option with your house

My biggest hurdle starting out, was FEAR! What-ifs and discouraging friends/family can really not make you want to pull that trigger.

I just said, F it and I went forward with my decisions and never looked back. I think the biggest thing that prohibits anyone from investing is FEAR... fear of loss, fear of failure, fear of the unknown ... I talk to my friends that "WANT" to invest, but they won't because they have the squirrel mentality of hording their money and they are afraid of loosing it or failing.

A great man once said: if you play if safe, you'll never reach your dreams. I think success requires some sacrifice and risk as does almost everything worth while in life. I was taught if you want something bad enough, you can go out there and make it happen!