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All Forum Posts by: Account Closed

Account Closed has started 16 posts and replied 256 times.

Post: 15.00 HR MINIMUM WAGE

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

I like to group people's ability to earn a living into the old report card method of grading: A, B, C...  A's and B's will be the entrepreneurs, inventors, educators, etc.  C's are the soldiers.  D's are handicapped in some way and F's are the criminals.  The A's and B's will do fine with no minimum wage.  The D's are always going to need help in some form or another.  The F's are criminals and are on the wrong side of society.  The problem is the C's.  These are good people who want to do a job and get paid a living wage.  If we can solve this problem America will be fine.

Post: Hard Money 1st Deal

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

Wish you lived in Arkansas.  I am a touchy feely type and have to see the property.  If you have any contacts around Hot Springs let me know.

Post: Do YOU listen to the BP Podcast? Then PLEASE help us out!

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

Plan to do so the next time I listen to a podcast.  I think I'll listen to one now.

Post: Know Thy Cap Rate: The illusive obvious in apartment investing.

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

Is there a difference between cap rate and return on investment?

Post: Contributing to an IRA

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

Is there a legal way to add funds to my IRA when all of my income comes from passive earnings.?

Post: Collection of Rent

Account ClosedPosted
  • Lender
  • Hot Springs Village, AR
  • Posts 274
  • Votes 92

I have one renter who has automatic payments sent to me via check.  I had one borrower do the same.  However, at that time I would spend 6 months in one place and 6 months in another.  The bank was unwilling to accommodate this continuing change of address.