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All Forum Posts by: Laurence Smucker

Laurence Smucker has started 2 posts and replied 28 times.

Post: Investing in Fire Damaged Properties!?

Laurence SmuckerPosted
  • Specialist
  • Arlington, VA
  • Posts 29
  • Votes 6

I invested in a post fire home a couple of years ago. One of the rooms had been burned out. It was a difficult fix, and increased the costs on insurance significantly. We didn't get financially burned and did manage to pull a small profit, however I don't believe we will ever go there again. 

Post: Painter Damaged the Place

Laurence SmuckerPosted
  • Specialist
  • Arlington, VA
  • Posts 29
  • Votes 6

@Bryan S. makes some great points. Did you have a contract in place with Beyond Dwellings? 

Post: Partnering with your spouse?

Laurence SmuckerPosted
  • Specialist
  • Arlington, VA
  • Posts 29
  • Votes 6

Tried it. It was awful. Almost led us to divorce. Home life is wonderful, but some couples just really don't work well together in a business setting.

Post: Why did it take 3 weeks that Amazon rain-forest was on fire?

Laurence SmuckerPosted
  • Specialist
  • Arlington, VA
  • Posts 29
  • Votes 6

Amazon rainforest is still on fire, the news stops covering it when people stop caring. 

Post: Strategies for the Coming Apocalypse

Laurence SmuckerPosted
  • Specialist
  • Arlington, VA
  • Posts 29
  • Votes 6

Interesting to read this now. How do you feel about where we were going/are going at this time in 2019?

Post: Sueing tenants for damages

Laurence SmuckerPosted
  • Specialist
  • Arlington, VA
  • Posts 29
  • Votes 6

Small claims court. I have not done this myself either, but I have colleagues who have been successful. 

Post: 51 Units at Age 23 (& Counting)!

Laurence SmuckerPosted
  • Specialist
  • Arlington, VA
  • Posts 29
  • Votes 6

Your success is inspiring. Congratulations

Post: New Guy from Grantsville, Utah

Laurence SmuckerPosted
  • Specialist
  • Arlington, VA
  • Posts 29
  • Votes 6

Welcome to Biggerpocket Matt. You have picked a fantastic community, full or experts in the field, and swathes of free knowledge. The moderators also keep it clean and positive. Best of luck

Post: Starting with a low budget

Laurence SmuckerPosted
  • Specialist
  • Arlington, VA
  • Posts 29
  • Votes 6

You can cycle reno between tenants. If you have 4 units, and three are occupied by tenants, 1 is occupied by yourself. You could start by doing cosmetic reno on the unit you are staying in, first tenant to move out is the next unit to reno. 

Post: Investing in Puerto Rico

Laurence SmuckerPosted
  • Specialist
  • Arlington, VA
  • Posts 29
  • Votes 6

Also interested here, please update us with what you've found @An Duong