Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Ed O.

Ed O. has started 65 posts and replied 647 times.

Post: Best REI conference you’ve attended?

Ed O.
Posted
  • Investor
  • Statewide, MO
  • Posts 689
  • Votes 339

@Scott Mac

Great idea on the small meet up. I like that. 

I appreciate the other feedback. I miss the old format, and the detail to which the first conference was run. All speakers had to sign agreements, promising not to pitch. There were some whales there. 

I'm sure the new format has value. 


Another good one is dealmakers forum at oreia. The rest of the conference I have found to be heavily salesy.. and while there's value in courses, I have consistently found the best value in networking with peers who want to share as much as they hope to learn.  

Post: Best REI conference you’ve attended?

Ed O.
Posted
  • Investor
  • Statewide, MO
  • Posts 689
  • Votes 339

@Renee I.

One of the best conferences I went to was the first biggerpockets.com summit. 

This was long before the website was sold by the founder. Costs were reasonable $200 (it wasn't a cash grab) and selling was prohibited.  But this is what biggerpockets used to offer, not what they are offering now.

Now I see bp offering a significantly more expensive conference and a lot of selling. I miss what they used to have. The people in the room at the first conference seem to be almost entirely gone from this place. 

I'm a bigger fan of the low / no sell events. Selling will almost always be a part of conferences tho. 

I've got nothing against people making money. Bp was just totally different back then. 


My top one now:

Investor weekend (Okc)

Post: How are you adapting to high interest rates in your investing strategy?

Ed O.
Posted
  • Investor
  • Statewide, MO
  • Posts 689
  • Votes 339

@Matthew Becker 

Can you talk more about how you got your rate? I've been struggling to crack the high 6s. 

thanks

Post: Question About Sewer Line Insurance – Worth It?

Ed O.
Posted
  • Investor
  • Statewide, MO
  • Posts 689
  • Votes 339

Based on my anecdotal experience, it is not worth having. We've had lines fail over the yeears, however $15 x unit count x 12 months x years in service = a much higher amount than the sum of the repairs over the 25 years we've been in business. 

The only exception to this would be if you had a line scoped and it showed areas of concern, and perhaps a high likelihood of failure in the next 5 years..... 

Sewer and water service line insurance are a lot like home warranties or extended warranties. The fear based sellers aren't there to help you, they're in it for a margin. 

Post: How to Save Thousands on Cabinetry Cost

Ed O.
Posted
  • Investor
  • Statewide, MO
  • Posts 689
  • Votes 339

@Cody Caswell

Thanks for this info Cody. I'll look into it!

Ed

Post: How to Save Thousands on Cabinetry Cost

Ed O.
Posted
  • Investor
  • Statewide, MO
  • Posts 689
  • Votes 339

I sure am thankful I'm not in California!

We get our cabinets through.the box stores. They work well for the houses we work in 100-500k. I might try Rta s again in the future. 


We get granite for around $40/ft installed from a local shop. 

Can you speak on how you source granite slabs cost effectively? I have heard about low cost granite / stone, i just don't know where to get it. 

Thanks!

Post: Has anyone had a successful tenant eviction in Union City NJ?

Ed O.
Posted
  • Investor
  • Statewide, MO
  • Posts 689
  • Votes 339

I can't speak for your area. 

If you do not regularly file for evictions, you'd best retain an attorney.  See who represents owners frequently in your jurisdiction and get set up with them.

Post: Reasonable Construction Loan Terms

Ed O.
Posted
  • Investor
  • Statewide, MO
  • Posts 689
  • Votes 339

If you're capable of getting funding from a bank, those terms are terrible. If not, I'm not sure. 

is this from a hard money lender?

Post: What Do You Think Of All Of The Reverse Trolling in the Forums?

Ed O.
Posted
  • Investor
  • Statewide, MO
  • Posts 689
  • Votes 339
Quote from @Ned Carey:

It is harder to find good information if the forum is cluttered with low value information. 


 Couldn't be said better. 

Additionally, it drives people away from the forums. 

Post: What Do You Think Of All Of The Reverse Trolling in the Forums?

Ed O.
Posted
  • Investor
  • Statewide, MO
  • Posts 689
  • Votes 339

The reverse trolling and self promotions are lame. Lot's of "look at me and here's why I am great" posts too. 

It really seems like the forums have been off for the last few months I've been reading them. 

Mostly gone are the contributors like the ones in this thread: lots of posts and lots of votes. Forums seem heavily loaded with newbs or takers - 20 posts for every vote type ratios... 

Not sure where everyone went.