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: Jay Hinrichs

Jay Hinrichs has started 324 posts and replied 41354 times.

Post: Crazy neighbor put up this barrier

Jay Hinrichs
#1 All Forums Contributor
Posted
  • Lender
  • Lake Oswego OR Summerlin, NV
  • Posts 43,107
  • Votes 63,654
Quote from @John Underwood:
Quote from @Ken Boone:

@John Underwood @Kerry Baird Yea I got neighbors who shot at me for trying to clear out Beaver Dams along my creek. Told both the Sheriff and Game Warden if they saw me down there that is when they will start their target practice. Both of them told HER that if she shoots while I'm down there they will take her in for attempted murder. She scoffed at them.

For four years after that, during hunting season, if I shot a deer on my land in the evening and was retrieving it on my land (after dark using flashlights) they would fire a shot off. 4 years straight man. Every year I file a police report.

Crazy neighbors suck!


 Wow! That is pretty bad.

I checked the GIS site and it looks like we have 20 feet from our firepit to his property line. Trying to get a surveyor to confirm this.


to get an accurate survey on a 100 acre parcel could be costly.. unless your legal description is pretty tight.  I found in my logging days that boundary disputes are real.. So what we would do is get with the neighbor meet and walk a proposed boundary line that we could live with ( worked 99% of the time) If your neighbor will do that and your good with it save you the survey cost then built whatever U want to block the offending object. Everything grows here in Western Oregon so for us we use a certain cedar tree or Arbivida the arbs can be trimmed quite nicely. IN the woods for logging this was done so we knew what trees we owned and could be harvested.. Harvesting trees you don't own out this way there is Triple stumpage fine that is set in case law.. And of course out this way as we all know fire is a real RISK .. your fire pits are gas with no embers or anything right ? 

Post: This is why I invested.

Jay Hinrichs
#1 All Forums Contributor
Posted
  • Lender
  • Lake Oswego OR Summerlin, NV
  • Posts 43,107
  • Votes 63,654

Prayers from  Jay and Lori Hinrichs. 

Post: Putting $1M into Crypto

Jay Hinrichs
#1 All Forums Contributor
Posted
  • Lender
  • Lake Oswego OR Summerlin, NV
  • Posts 43,107
  • Votes 63,654
Quote from @Mike H.:

How in the world does crypto make any sense.  Its nothing but a speculative play on an investment that literally has no value unless more people continue to buy it. Even if you could use it to pay for things (which you can a little but nowhere near enough places take it), the issue is how is it possibly better than just using a debit or credit card?

Your security for crypto is absolutely terrible.  If someone hacks your bank account, its insured and you get it back.  if they steal your crypto, its gone forever.  And these crypto exchanges have been hacked or they themselves have stolen money out of accounts.

If you like ponzi schemes, then crypto is the way to go.  Just time it right so you buy before the suckers go in and you sell before everybody else gets out.

But I just don't understand how you can possibly believe that crypto is better than cash.  Cash is digital too with the use of credit/debit cards or ach.  And its insured.

The only thing that makes crypto go up is to have more people want to buy it.  But what are they doing with it other than holding it and hoping more people buy it.  There literally is almost no value in using it.


bad actors hiding their money is a big % I suspect

Post: The Bigger Pockets Mount Rushmore

Jay Hinrichs
#1 All Forums Contributor
Posted
  • Lender
  • Lake Oswego OR Summerlin, NV
  • Posts 43,107
  • Votes 63,654
Quote from @James Wise:
Quote from @Andrew Syrios:
Quote from @Nathan Gesner:

Why are the Top 3 all bald?


Hair has always been an impediment to real estate investing. That's why I'm not up there with you all... 


 I imagine all 4 had hair when they started. I know I did when I bought my 1st property at 21. 

Coincidence that the hair goes as the portfolio grows?


 Not only hair but in 75 it was LONG hair  LOL

Post: The Bigger Pockets Mount Rushmore

Jay Hinrichs
#1 All Forums Contributor
Posted
  • Lender
  • Lake Oswego OR Summerlin, NV
  • Posts 43,107
  • Votes 63,654
Quote from @Nicholas L.:

@Jay Hinrichs and where did Joe Splitrock go??


I saw him on the BP facebook a few years ago JD martin was looking for him as well. thats all i know

Post: Impact of International Travelers Cancelling US Travel

Jay Hinrichs
#1 All Forums Contributor
Posted
  • Lender
  • Lake Oswego OR Summerlin, NV
  • Posts 43,107
  • Votes 63,654
Quote from @Bruce Woodruff:
Quote from @Alan F.:
Quote from @James Hamling:
Quote from @Trent Reeve:
Quote from @Bruce Woodruff:
Quote from @Trent Reeve:
Quote from @Bruce Woodruff:
Quote from @Trent Reeve:
Quote from @Bruce Woodruff:

"but according to a 2024 report from Social Security’s inspector general"

The reason that so many IG's were fired recently was because they are in on the game. They have little interest in uncovering fraud and waste because it would reveal their corruptness.


 thats not why they were fired, but you believe what you want



"thats not why they were fired, but you believe what you want"


Oh I will....As you may know, IGs were introduced under Carter. Since then, the oversight process has gone to h*ll resulting (in part) in the immense waste and fraud.

This is much like the Dept of Education (also created under Mr Carter, hmmm). Before that horrendous day, the US was #1 in education...now we are #40.


 you understand, education priorities and curriculum are set by state, not federally. 

"you understand, education priorities and curriculum are set by state, not federally"

Of course. That's exactly why we do not need a Federally managed Department to oversee a State issue.

 except to ensure even disabled kids have access to education.


Who do you think is dumb enough to believe this garbage? 

Do you seriously expect anyone to believe disabled kids are denied education or access to education by there States, Counties or cities? And it requires the Federal Gov to get involved so disabled kids get education access..... 

GARBAGE! I call BS to that inferment. And anyone with an ounce of intelligence will too. 

THIS is why D's are polling at 27% now, because of total blatant BS like this. It doesn't even take the internet to see what BS this is, anyone who's had kids in schools knows this is BS. 

Ridiculous, seriously, just ridiculous. 


 FWIW  the DOE was a gift to the NEA for their "support"



FWIW the DOE was a gift to the NEA for their "support"


Exactly! And look what has happened since ten. Pathetic. I just read that a 7th grader in the US is at the same level as a 3rd grader in China. And kids in Baltimore? Only 7% are proficient in basic studies....yes, 7 PER CENT!

its all about the parents..  I look at my grandkids whose parents are highly involved and they are above grade level in pretty much all subjects.  One set are in public school one set in private school.. In some of the inner city of which you mention the issues are far deeper. 

Post: The Bigger Pockets Mount Rushmore

Jay Hinrichs
#1 All Forums Contributor
Posted
  • Lender
  • Lake Oswego OR Summerlin, NV
  • Posts 43,107
  • Votes 63,654

for others to add to the list

Don Knopil

Mike Dimski

Chris Seveney

Mike and Don for quality or quantity !! Chris gives both. 

Post: Scammed by "Estate Legal"

Jay Hinrichs
#1 All Forums Contributor
Posted
  • Lender
  • Lake Oswego OR Summerlin, NV
  • Posts 43,107
  • Votes 63,654
Quote from @JD Martin:

I'll say one thing - you're not doing your business any favors here by continuing the arbitration push. You have several vocal and determined customers that are unhappy with your service, and you appear to be throwing logs in their path to some kind of full/partial refund. Arbitration is either going to refuse them a refund on some technical issue in what they've signed or agreed to, or give them a partial or full refund. Why not just skip straight to the chase and do that yourself? $3400 is chicken feed in the grand scheme of things, especially for legitimate, operating businesses. I've known lots of businesses that paid people more than that just to go away happy. 


agreed these guys are committing on line business suicide  JD. One has to think it was premeditated .  U have to hire the arb company and a lawyer cost more to do that than what they paid for the service so no one is going to go to arb.. YUP  pretty silly.

Post: Scammed by "Estate Legal"

Jay Hinrichs
#1 All Forums Contributor
Posted
  • Lender
  • Lake Oswego OR Summerlin, NV
  • Posts 43,107
  • Votes 63,654
Quote from @Christopher Johnson:

Zachary, and others, this is defamatory and actionable. Zachary, your response said " not sue intimidation tactics instead of resolving complaints" ... This is bizarre. We've been asking you to resolve issues, through the method you agreed to use, when you signed an agreement with us. You refuse to, but now you contradict yourself when you claim we dont want to "resolve complaints" .... We would be glad to address and resolve any issue through Arbitration through the American Arbitration Association. Why would you refuse to follow the required alternative dispute resolution process as required in the contract you signed? Just like this website most likely has terms of service, every other site has these terms. Your refusal to Arbitrate the matter, even though you contractually agreed to do so renders your position not credible and frivolous. If individuals are allowed to circumvent business agreements, what would be the need for contracts? Zachary - All of you have refused time and time again to cooperate with ADR. Are you willing to arbitrate the matter and resolve any issues (as required via agreement) through the American Arbitration Association? And if not, why not? You agreed to do that in the past. If you're not willing to go before a mediator/arbitrator, the next question is why do you refuse to take the matter before legal arbitration? You wish to circumvent that required step, which is not a fair way to do business.

Again, We are committed to transparency, a quality experience, and helping our clients and partners achieve collaborative success. We'd like to share that this matter is being discussed in arbitration, per long-standing company policy, we will not to comment on this matter further until Arbitration is concluded.

We hope that those reading this post will reserve judgment until this matter is concluded in Arbitration, and we are ready to share the conclusion.

We take our reputation very seriously and are dismayed at these claims. We are more than happy to address and resolve any issue you may have in the appropriate way and forum.

However, we will make it very clear, that these allegations are false. Again, we encourage anyone who may have any issue, to contact us to discuss possible solutions, and if applicable , initiate arbitration through the American Arbitration Association. Thank you.


LOL  

Post: How Do You Choose the Right Out-of-State Market?

Jay Hinrichs
#1 All Forums Contributor
Posted
  • Lender
  • Lake Oswego OR Summerlin, NV
  • Posts 43,107
  • Votes 63,654

well you got the usual Columbus agents responses kind of an inside joke on BP..

I have quite a bit of experience in this myself as a investor and lender of OOS since 2002 started in Detroit and have funded and owned in about 20 plus states throughout the mid west and rust belt.

The markets by and large are darn near interchangeable.  

Property taxs

Insurance

are two things to check on and this is what makes Las Vegas really attractive lowest in the country for both basically.. Plus weather is important for long term maintenance  

However regardless of market you choose I always suggest you determine the Median price point for an SFR in the MSA and buy at that or above for an OOS investor.. this will get you better neighborhood better tenant and usually better schools. And we know those items are the driver for values to hold and rise..

U don't want to invest in a market that has a median of 250k then buy a 120k property logic will dictate the price point sets for RISK and desirability..  Locals who self manage and live there can take more risk but when your 1500 miles away you should de risk your purchase and go for solid property.

Plus the 250k and above will appreciate the 120k is investor dominated sales and values will only track rental income which moves very slowly.. homeowners always pay more for a home to live in than an investor will pay.