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All Forum Posts by: Account Closed

Account Closed has started 3 posts and replied 16 times.

@Robert Walker I just did a Google search. https://www.greaterphiladelphiareia.com

Post: cash vs financing

Account ClosedPosted
  • Investor
  • Monclova, OH
  • Posts 19
  • Votes 14

With a cash offer the closing is more than likely going to close. When you have a financed offer there is a chance that maybe the property will not appraise high enough. There are many more ways for a fianced deal to fall through. Cash is king!

Post: pex plumbing

Account ClosedPosted
  • Investor
  • Monclova, OH
  • Posts 19
  • Votes 14

Thanks for all of your thoughts. I am going to use this on one of the houses now. I will let you all know how it works out.

Post: pex plumbing

Account ClosedPosted
  • Investor
  • Monclova, OH
  • Posts 19
  • Votes 14

Just heard about a product called pex. Just wondering if anyone has used this product. From what I have found is that it is cheaper than copper and more expensive than plastic. Let me know the good and bad of this product.

Post: Gas bill

Account ClosedPosted
  • Investor
  • Monclova, OH
  • Posts 19
  • Votes 14

This is the best one. I evicted a lady and left the court house where she gave me the keys. I drove over to the house to check on it to only find all the windows open in the middle of winter. The gas was still in her name. She really got me didn't she. LOL!

Post: When to give up the 9-5 job?

Account ClosedPosted
  • Investor
  • Monclova, OH
  • Posts 19
  • Votes 14
Originally posted by Jon Klaus:
Originally posted by Dennis Keyser:
For me the hard part is I have a good paying job. I don't like the fact that if I want that job it will have to be on 2nd shift. I have many rental properties but they are not all paid for. When they are paid for this game is over.


Dennis, maybe you are doing this, but why not hyper-save income from your job to invest in real estate, accelerating the time to critical mass? By hyper-save, I mean save/invest half your income or so. Create such a laser-like focus on your goal that it ensures you will get there reasonably soon.


Jon, I am doing the debt snowball on all of my properties. Once one property gets paid for I take what I was paying on that one and apply it to the next properties principal. My monthly payment amount never changes after each house is paid for. Just takes time to get it done.

Post: When to give up the 9-5 job?

Account ClosedPosted
  • Investor
  • Monclova, OH
  • Posts 19
  • Votes 14

For me the hard part is I have a good paying job. I don't like the fact that if I want that job it will have to be on 2nd shift. I have many rental properties but they are not all paid for. When they are paid for this game is over.

Post: When to give up the 9-5 job?

Account ClosedPosted
  • Investor
  • Monclova, OH
  • Posts 19
  • Votes 14

Thanks for all of your answers! It looks like I will have to stay at the J-ustO-verB-roke for now until more houses are paid for.

Post: When to give up the 9-5 job?

Account ClosedPosted
  • Investor
  • Monclova, OH
  • Posts 19
  • Votes 14

I don't know if this is in the right place or not. My question is when were you able to give up your job and just take care of your properties full time? Is there some rule of thumb to use in determining when you should be able to call it quits?

Post: Key Management System

Account ClosedPosted
  • Investor
  • Monclova, OH
  • Posts 19
  • Votes 14

Matthew,

I use Landlord Locks with a master key system. You can track the properties key number for each tenant. Changing locks are so easy because you do not change the whole lock. You only change the core so you can throw your screwdriver away. If you decide to use Landlord Locks contact me and I will tell you how to get the set up fee waved. http://landlordlocks.com