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All Forum Posts by: Account Closed

Account Closed has started 31 posts and replied 421 times.

Post: Forced Air vs Central Air

Account ClosedPosted
  • Contractor
  • San Diego, CA
  • Posts 432
  • Votes 221

@Ben Zelenka found this online:

Forced air" refers to any heating and cooling system that pushes air through ducts to heat and cool a structure. "Central air" refers specifically to an air conditioning (or cooling) capacity included as part of a forced air system.

Basically speaking it’s reasonable to consider them the same. It would be unusual if a house said forced air and didn’t have cooling. However, it’s not unusual for things to be broken, so always inspect.

It’s seems reasonable to technically focus on heat in these terms as well.

Post: Is college worth it?

Account ClosedPosted
  • Contractor
  • San Diego, CA
  • Posts 432
  • Votes 221

Whoops, I just realized I gave the wrong answer! It looks like the right answer is to go to college. Hadn’t read the thread and realized the right thing to say!. Guess that’s why I still wear tshirts and get dirty almost everyday. But actually, I think skipping high school and middle school would be a good idea. I stopped learning after about 3rd grade, as I had math, reading and writing mastered by then. I’ll let you know how the experiment works when I get out of my 30’s! Most of all stay away from drugs and whores, as that is very bombarding at a college atmosphere.

Post: Is college worth it?

Account ClosedPosted
  • Contractor
  • San Diego, CA
  • Posts 432
  • Votes 221

@Edgar Ehrsam

Napsolutely no it’s not worth it, unless you feel like hanging out with extraordinary amounts of people that want to waist a lot of their most important years! Doing a streamlined approach to the trades, like remodeling for a while, and reading books and networking would be my guess toward a better future! This way you start off making money, then grow, rather than hope you can get a high enough paying job to pay back a bunch of $ then get reeeech.

Post: Need to sell fast, good amount of showings but no offers.

Account ClosedPosted
  • Contractor
  • San Diego, CA
  • Posts 432
  • Votes 221

@Jim Spatzenfeld that was a great observation on the Biden flag. This really shows a lack in removing self from the house, to create a blank canvas for someone. I’d replace the fans, any light shaped like a bell, and upgrade the kitchen faucet. Then shoot it all on a sunny day, and get real sunlight photos. Less photos of the kitchen and more angles of the bedrooms if anything. Really nice home overall and great flooring! Tell everyone that looks at it here to like it too!

Post: Robert Kiyosaki The Lazy way to invest in real estate.

Account ClosedPosted
  • Contractor
  • San Diego, CA
  • Posts 432
  • Votes 221

@Sam B. Do you think 80% of people going to college look anything like the 80% of millionaires today who got college degrees back in the day? Do a little research on the changes that have happened in college prices, and culture.

Besides that, this is a hilarious thread with how much war is involved in everyone debating on here over a Kiyosaki book haha! I mean everyone on bigger pockets podcast basically says their starter book was rich dad poor dad.

I don’t want to be insulting but the coronavirus is coming out in people on this thread!!

Always open to some good debate, but it takes me forever to scroll down, so I’ll have to miss any further entertainment until I get a vacation to read this thing!

Post: Robert Kiyosaki The Lazy way to invest in real estate.

Account ClosedPosted
  • Contractor
  • San Diego, CA
  • Posts 432
  • Votes 221

@Ron T. This is the FUNNIEST thing ever! I hope I someday have time to read everyone’s points in here. On top of that, you look like a young version of Kiyosaki (of course better looking so you don’t get mad).

I’m just stating the obvious here, and no one will read it cause it’s too hard to scroll down to, but any book of Kiyosaki’s books are worth the read because he serves one purpose over all, Motivation. You read Kiyosaki, you get motivated to not be stupid and not waist your life in things like school or stupid jobs. If it’s not written by Robert it’s probably not worth reading . Thanks for the laugh everyone especially the vet who almost got his 203 out to take Joe out!!

Post: Any advice on structuring seller financing?

Account ClosedPosted
  • Contractor
  • San Diego, CA
  • Posts 432
  • Votes 221

@Candace Garcia I was just digging into this recently also! Hopefully someone will pick this up and give you a real experienced answer. I was seller financing a 10 acre parcel. After speaking with a local realtor that does this a lot, he told me my 2% interest terms on a ten year loan was way too low. He said often he’ll do 3 years at no lower than 4% but just sold one at 6% interest with the obvious balloon payment at the end of the 3-5 years. Often buyers default on these from what I’ve heard, so I didn’t want to feel like I was setting up someone for that. I don’t know an appropriate amortization, but there’s charts to compare with online. As long as you have a clear path forward to pay it off it’s you’ll never regret expanding the land you have if you’re buying (sorry at first it sounded like you were selling and then sounded like you’re buying).

Post: Capital gains living in Puerto Rico

Account ClosedPosted
  • Contractor
  • San Diego, CA
  • Posts 432
  • Votes 221

I heard a podcast where Peter Schiff explained he doesn’t pay federal income tax because he “moved” to Puerto Rico. I got curious and looked up whether Puerto Ricans have to pay capital gains tax, and it sounds like basically.. they don’t (??). Can someone clarify what the deal is with Puerto Rico? Thanks.

Post: Graduated College, 22 yo, new here, current climate of investing

Account ClosedPosted
  • Contractor
  • San Diego, CA
  • Posts 432
  • Votes 221

@Julian Maso sounds good! We’ll definitely burn the podcasts into the ground, but you will need to hone in on your niche and focus on where you will have a competitive edge in finding and finishing deals. I’m still learning too, just have a few things under belt, enough to say I’m still learning from mistakes, but know with real estate, every success comes with some learning opportunities, so start taking action because it’s the only way the podcasts and books will stick!

Post: Home Depot paint recommendations

Account ClosedPosted
  • Contractor
  • San Diego, CA
  • Posts 432
  • Votes 221

@Cassandra Weesies yep, some good comments here. I’ve used them all, and I’d say the more expensive paints are pretty thick and suck for wall coverage/ time efficiency. I like the thicker high quality paints for painting eaves and facia with a 6” roller 1/2” nap. Otherwise on interior walls a couple important pointers to mention that haven’t been said yet is, the sheen is really important too. And here’s one of the bigger things to take to heart; if you use flat paint on ceilings it will hide a lot and I’m now a fan of using flat on the walls when I can, if there’s imperfections. On rentals this is a bad idea for walls, but a flip it can save you time and $ and cause a better look. I go for the 2nd or third cheapest paint which is usually a good quality without paying for the scams.

For color, varying whites are cool. Swiss coffee on walls is cool with a brighter white on trim, but I’m still figuring out my whites. For doors and trim, go for a semigloss or satin.

Blah blah blah, it all works, but there’s hundreds of paint tricks you have to learn over the years