All Forum Posts by: Dan Bass

@Michael A. That’s incredible! They have so many products!

@Kaohuhealani Trueman Jr they seem to be doing well. Although they purchased them in cash years ago so with age of purchase and no leverage, now may be a different game of price vs cashflow. I haven’t ran the numbers lately so I may not be the best knowlwedge source for you, my apologies

@Patrick Bavaro can you tell me more about what you're doing in Cape? My aunt and uncle have a couple houses there and seem to enjoy the STR. I've been interested but the prices and market seem daunting. Your numbers sound great though!

@Casey Weber can you not have a tag for each vehicle that’s allowed?

Then it’s easy to tow cars that don’t belong. People will figure out quick that you mean business

@JD Martin I guess we will see if chicken little is right or not.

I’ve said before that I love his books to get base knowledge and he has awoken so many minds by them.

Since then, it’s always crash crash crash. It’s his version to stay relevant.

I compare him to Peter Schiff now and that’s sad.

We are already in a stock correction but many stocks are already over-corrected. It’s just an index correction to scare everyone IMO.

Print trillions then a crash? Idk about a crash but record printing and many people have tons of equity in their homes that they won’t need to sell as easily. Plus, the loans today are more solid.

He’s a fear doom and gloom guy now needing deals

@Keith A. I learned how to do options trading. The wheel strategy and calls on bug tech and airlines.

Once you learn the wheel on stocks you want to own, it’s fun.

I cut back my nursing hours to just 2 days per week to focus on it.

@Maciej G I’d check your state laws. Are you required to provide AC? Or just heat?

Some states only require heat.

If that’s the case, you have definitely gone above and beyond what is required.

He can terminate if he likes and you can let him out without damages might be best for both of you.

@Nicholaos Koufoudakis can you look into a Series LLC?

Does anyone have any input into case law on Series LLc’s as they are newer?

@Melody Wright I. Totally. Feel. You. I have 7 rentals plus house hacking my house. I have almost enough cash to pay off the 7 rentals and get some good cashflow and start stepping out of the W-2 world.

Do I buy more with that cash or wait for deals in this highly competitive market?

Do I want the time now or later and have time to build later?

All, yes, personal decisions. Being a nurse, I’m spent after last year and currently.

As deals are hard to come by in many markets, I’ve highly considered paying off the houses and enjoy some time now and I can always leverage back up or use the cashflow to buy more houses when deals come by.

That’s just my internal struggle and thoughts as it seemed to be relevant.

@Christopher J. Roche I’m a little confused as to why people think that forebearance means foreclosure. Banks are just taking the missed payments to the end of the loan. If you refi or sell the payments are added into the final loan payoff.

What am I missing in this?