All Forum Posts by: Account Closed

I hate tenants like this.  That's all I can say.  I guess it depends on how much it gets on your nerves.  I finally had enough once and am glad she left after I raised the rent!

My first property manager took a long time to get tenants.  The manager I use now puts the listing on the multiple listing service.  Usually I get a tenant straightaway now.  It does cost a few hundred, but I am happy to pay.  I think you as owner can also list on the mls.  It has a huge exposure to potential tenants and their agents. 

House looks fine.  Getting the right tenant is a numbers/statistics exercise.  AND....don't take the wrong tenant. I also do not believe in incentives.  Incentives make you look desperate and "soft.  if you are "soft" now, then tenants might think they can always push you further.  Don't!

As I build my slow path one property at a time, I've noticed each property has a "personality."  I like going slow because I can pace how much stress I have over the "wellbeing" of each rental.

Hmmmm Something to think about.  I stayed and have a graduate degree.   However I think I was completely able to support myself at age 15.  In those days I worked minimum wage and it paid my room and board.  Hard to do these days. These days I would stay the 2 years you have to go.  Distract yourself.  I used to keep a book in my lap and read while the teachers talked.  I know people don't read books as much today, but you get the idea.

1. You decide which IRA you want to move everything into. (Get the receiving "pot" ready!)

2.  Call each employer and get the contact info for the 401k plan administrator.

3.  Call each administrator for a rollover form.

4.  Send in the form.  As I understand things they have 60 days to move the money.  Most reputable places do it the same week they receive the form.

Ray-

You have to be in touch with who you are and what your risk tolerance is. How much money do you have in reserve? Where are you willing to invest. My favorite book was by Tyler Hicks called "How to Make a Million in 3 Years Starting With No Cash."

I wouldn't put all my money in the pot at once.  Especially not until the election is over next year.  Plus, I'd have to know more about your current safety fund, your own risk tolerance, and most importantly, why you are asking complete strangers about the wisdom of such an investment.  Mind-blowing.

How come you are labeled in your photo as a "PRO"?

First thing you need to do is pray for humility.  The tone of

your posts sounds like you think you are Mr. Cool.

Ken-What do you mean when you say you "disagree with the concept" of arbitrage?

Hi Kian-

I think as long as you do what they say which is "disclose, disclose, disclose", you're fine.  Around here they say if you are in doubt, then DISCLOSE!  Business is business.  If you aren't breaking laws or being unethical in your own mind, then you should be ok.  It's OK to make a good business deal.  You are actually helping the seller.  Remember that and believe it.