All Forum Posts by: Lauren B.

I can’t imagine anyone here would disagree that when children aren’t fed, don’t have a place to sleep or stability in their lives, it makes it hard to succeed in school. And without a decent education, it’s that much harder to get ahead as adults.

It’s clear that a vast number of people here , most of you with penises and educations, have little grasp of raising children as a single mother but are more than happy to go ahead and assume single moms would squander $1,000/mo.

My assistant is paid $15/hr and works 10-15/hrs week. She used to work in excess of 50/week before she was injured on the job (as a bartender) and had back surgery. Now she gets housing assistance (qualifies for a 2br with 3 kids) and 17/hrs a week daycare.

$1,000/month for her would be a nice cushion if her car breaks down again so she doesn’t have to get a title loan and repay $2300 just to borrow $600.

It would let her afford more daycare and childcare on weekends so she could work more.

She’d also likely start paying her own rent so she could have a 3 bedroom with a yard so her kids could be outside more. She’d likely have avoided bedbugs, which she recent had to pay to treat, and pay to replace all her soft goods furniture, after a neighboring apartment was infested.

So many kids don’t have the familial support my assistant has, and they suffer and grow up suffering. The end up with addictions, emotional issues and environmental challenges that make it harder for them to be the productive members of society we expect.

I personally would likely not be here if I didn’t have my father to raise me when my mother became too disabled to take care of herself or kids. My dad sent me to college and got up every damn morning to make me breakfast as a kid. He’s given us everything so we can be successful.

How many smart kids don’t have that dad and are left untapped because we put a greater value on amazon paying $0 corporate taxes?

(Not saying I agree with UBI but it’s clear some of y’all have some pretty high and mighty attitudes about yourselves and aren’t taking a good look at the opportunities that allowed you to be where you are).

Thank you so much for that. I am not a developer.   I’m not looking to raise funds.  I buy rental properties and improve them and they happen to be in an opportunity zone and I was just making sure I wasn’t leaving any money or opportunities on the table. 

@Bill Hampton @Matthew Ryan

Thanks for your insight. I’ve been trying to get some info on investing in OZ also. As I understand it, someone would need to first set up their own OZ fund , which seems to just be a llc or partnership dedicated to investing in OZ properties , correct?

I had read on a BiggerPockets page that there were only two qualified funds and initially it looked to me as if someone would have to invest via the qualified funds, however, I don’t think this is the case. It just seems the real hurtle is getting the fund set up properly and that’s where I’m at an impasse.

Could you give more insight on the exchange of OZ properties? Does it work the same as a 1031 except you have more time to exchange?

@Joe Alford got any more pics?

@Alfred Litton ozone machine. Ozone machine. Ozone machine.

Should’ve primed w oil based kilz for smoker home before paint. If you smell cigs it won’t go away w latex.

I believe I’m investing in an opportunity zone and I’d like to make the best of it.

Questions;

1) What are the specific benefits of investing in opportunity zones? I understand that relates to capital gains tax and the discount is based on how long you hold the property?

2) How can I look up an address to determine if I am buying in an opportunity zone? All I can find are census tract numbers.

3). How do I make my current properties qualify for the benefits of an opportunity zone, Or do I need to do something ahead of buying a property?

I’m investing in Rutherford county N.C.

@Lara Fobian

“I know a painter should be professional and knowledgeable about doing their job right”

They did. If they’re painting over paint , they only need paint. Primer is to either cover a dark color or as a first coat on new drywall... or in the event you have nail holes patched and need to spot prime, or are trying to cover other stains or odors such as cig smoke. I also use a bonding primer on faux wood paneling to make sure paint won’t peel off as easily.

I don’t understand why you’re concerned he didn’t prime over old paint. It’s normally unnecessary.

@Lucas Carl this property specified it had a coffee maker so I purchased regular coffee. It didn’t say “keurig”. It didn’t specify if It was included or not and the management firm couldn’t or would not clarify if they should have been included or not. There was no regular coffee maker.

The issue isn’t the coffee. The issue is how it was handled by the management company.

I’m staying at a Airbnb this weekend, managed by TurnKey vacation rentals. The house is fantastic - management left me somewhat surprised.

The listing said The home included a coffee maker. It’s actually a keureg. Which requires K-cups (coffee pods). But there were none here. So I called the number for the management Company , followed the automated phone tree and spoke with an overseas CS agent.

I asked if there were k-cups anywhere, or if we were to provide them. It stuck me as odd to need to buy a 20 or 50 pack for two mornings worth of coffee. He said he had no idea if the owner provided them or not, and didn’t know if there were more. I asked if he could find out and he said he couldn’t contact the owners about it because they only had the starter package and they couldn’t call about things that weren’t included in the starter package.

I asked if there was a coffee maker available that wasn’t a keureg , he said he didn’t know. He suggested I go out and buy one and I could leave it there or take it home with me.

After much ad-do, he agreed to call the homeowners to ask if K-cups were included but said, don’t expect to get a call back for a number of hours to a few days - depending on when the owners responded. We never got a call back.

Later we tried to use the grill, and the propane was empty. A text message request for a refill was responded to in poor broken English with a message back asking us to go out and buy it and they’d reimburse me for the cost. I told them I’d rather they bring me a tank.

I have to wonder, do Airbnb owners know that the person interfacing with their guests is overseas and has no idea about the details of their home? Do they know turnKey is trying to place the responsibility of restocking on guests? After reading reviews, it makes me terrified to ever buy more Short term rentals than I could personally manage myself.

@Tyler Labelle if you’re in N.C. your leases should say they have til the 5th not the tenth. Start eviction on day 6. (send 10 day notice to quit or in the future have a clause in the lease that they waive the notice to quit). It’s not hard to DIY eviction in N.C. the small claims office has the forms. Send it to named tenant et al - go in with a stamp. If they appeal then get a lawyer. NC is pretty landlord friendly.