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All Forum Posts by: Owen Hogarth

Owen Hogarth has started 16 posts and replied 67 times.

Post: Overseas Investers?

Owen HogarthPosted
  • Real Estate Investor
  • fort lauderdale, FL
  • Posts 82
  • Votes 2

I was wondering is anyone on this board actually living overseas right now?

I will be leaving the country for a while to go follow some passions of mine in asia, I honestly don't know when i'll be back but I still want to invest here.

Post: 4 in toledo ohio

Owen HogarthPosted
  • Real Estate Investor
  • fort lauderdale, FL
  • Posts 82
  • Votes 2

This deal is coming off of a direct mailing campaign that i started.

it's 4 units in a two story brick building.
It was being used for housing for the mentally disabled but the owner wants to retire, he recently renovated the place but it could still use some exterior work. there's central heating no cooling, the windows need a little work.

He's selling for what he owes 100,000.

looking at the area the rents are about 500 dollars per month.

using the 50% rule for expenses this property cash flows at 100 per door.

what do you guys think and is deal?

Post: Here we go

Owen HogarthPosted
  • Real Estate Investor
  • fort lauderdale, FL
  • Posts 82
  • Votes 2
Originally posted by Mike M:
Owen

It is interesting that you went straight to MORAL ISSUES. If you want to debate moral issues, then a different thread needs to be started. I believe the American Ideal when it comes down to a moral issues is quite simple, "If you don't want it done to you, don't do it to someone else" If you don't want to be discriminated against, don't discriminate against someone else. If you don't want pollution dumped into your drinking water and swimming pool, don't dump it into others.

Man is basically evil. He will do whatever benefits him without considering the consequences to others. And it is ONLY the consequences that keeps man civilized. For example, how many of us would drive a lot faster than the speed limit if we knew for a fact there were no Law Enforcement Officers around? The consequence of a ticket and higher insurance costs keeps most of us within the law.

If you want to discuss abortion, homosexuality, CEO Compensation, etc, etc, etc, then those topics would need to be discussed in separate threads.


I went to the moral issues because I already talked about the differences between the poor and those who aren't so.
What that basically came down to was the ways the laws were written in this country for centuries. were all real estate people in here so i'm sure we know what red lining is right and how laws like those unfairly targeted minorities.

Now I don't believe that you can separate the moral issues from the economic issue.

for example i talked about red lining above; those laws were put in place by people who felt they were doing the right thing for the country so their moral judgement didn't stop the discrimination.

now we have the same kind of discrimination against another group of people but unlike in the past you can't easily tell who fits in what group. so now that the discrimination affects a more diverse group of people we now hear about it more often.

we have some conservatives in this country who would make it illegal for gay activities while these same men participate privately in the activities that they are against in the public.

You said man is naturally evil; that is one theory by one set of behavioral psychologist, there are others who say we are a blank slate and we act out what we take in. I don't care to debate things like this because they are too vague to ever substantiated. what we can look at though are the laws that are in place and were put in place.

Let's look at the red lining example again, there we many more laws on the books similar to these in a time not too long ago, say 80 years. How were minorities to build wealth if the laws were unfairly holding them back, now you may have nothing to do with this, and i often hear people say well i didn't hold any slaves which is true but look at it this way. how do you compete in a race when some people are running with weights tied to their feet and others are unfettered.

Post: Here we go

Owen HogarthPosted
  • Real Estate Investor
  • fort lauderdale, FL
  • Posts 82
  • Votes 2
Originally posted by Mike M:

This is the opening line of this thread. Does this mean that you understand it sometimes? Does this mean that you almost understand it sometimes? The statement is ambiguous.

What is the American Ideal? There is a lot of history written that covers many aspects of the American Ideal. My understanding of the American Ideal is that I get to enjoy the fruits of my labor and don't have to share it with anyone else, including society. I owe society nothing and society owes me nothing. I pay for what I use and I do not pay so someone else does not have to provide labor.

Obviously, this discussion could get a LOT deeper, I know that. But for sake of The American Ideal, I believe this is the foundation. Do not bring up the failings of man, that is a totally different topic. Moral discussions are not part of The American Ideal.

Has the United States attained "The American Ideal?" I do not believe so. Has the United States made more progress towards it than any other country? Absolutely. Do politicians care about The American Ideal? Is the pope Muslim? Is it time for a Revolution? Probably not. But it is time to become a better educated voter, a letter writer to your representative (ha), and a more informed citizen.

But at the end of the day, you have to look in the mirror and be able to say "I did my best today to work hard, be fair, honest and honorable." Wouldn't it be nice if a man felt his honor was more important than his wealth?


The reason I started the thread with the statement about the american ideal goes back to the writers of the constitution, or better yet the first part the bill of rights. They lay out the foundation of a great nation where we don't have to worry about persecution from the government, gives each individual rights to basic starting point for every man to go make something for themselves and their families. that was the premise but from the start there were always people who were considered less than, not just african americans, the irish went through it, the germans, catholics, etc. what i'm saying is that the ideal that the country was founded on are often put to the side for fear of a changing world.

it took people losing their life and many years for the desegregation of the south and some people would proclaim that america was better before desegregation. We have doctors today being killed for offering a service to women, we have gay people being discriminated against. why can't those people get a fair shot? Not that i agree with abortion and the gay lifestyle but if they are american citizens who do not break the law why should they live in fear?

if a doctor starts a clinic to give abortions whether you think its right or wrong shouldn't matter, if its legal under the law, the lady seeks his services and pays for it, then why should the doctor not be able to provide a service and make something for him and his family? The same can be said for gay people if they have their industries that support their lifestyle why should someone else decide they don't like it and ruin peoples lives.

I am more concerned about the guys on wall street robbing america or the companies dumping heavy metals in our rivers, or the boss exploiting there workers, or a gunman mugging someone in the streets rather than people who choose to live their lives in a why that's unorthodox.

Post: Here we go

Owen HogarthPosted
  • Real Estate Investor
  • fort lauderdale, FL
  • Posts 82
  • Votes 2
Originally posted by Tim Wieneke:
BTW Owen,

Does the US get any credit for stopping Nazism? ;-)


Tim you would make it seem like i dislike america, i don't i love this country, i served in the navy for four years to do my part.

I honestly like the old american idea where we don't intervene in other countries civil wars etc. we have two huge oceans to keep away terror from our shores, that worked for quite sometime and when that sovereignty was broken on 9/11 we should have went for the true terrorist. Iraq was not the home of the terrorist, they were from afghanistan not iraq. in iraq there was a mad man and oil, in iraq there's poppy and terrorist who did we attack and why? never the less america gets props for all the good the country has done for the world.

My issue with americans sometimes can be the feeling of entitlement, i'm an red blooded american so *fill in the blank*
americans sitting on their laurels isn't going to keep us great. Other economies around the world are getting stronger, the days of america holding most of the power in the world are coming to an end, not necessarily because america is falling off but because other countries are pulling themselves up by the bootstraps.

a few pages ago you said most asians are coming here with BA degrees and that's true, they come learn something and take that knowledge back home to asia, they don't stay and invest it in america anymore which i think is not good for this country.

Immigrants are often blamed for problems the country is facing but immigrants are no real threat to this country, in fact they made this country great, almost everyone who posted in this thread have ancestors who came here to make their lives better.

understanding the wrongs about our past allows us to get past it, like people who go through rehab have to talk about their issues, a dialogue isn't a bad thing.

I heard a quote from some european politician that said democracy is the worst until you compare it to all the other options.

Post: Here we go

Owen HogarthPosted
  • Real Estate Investor
  • fort lauderdale, FL
  • Posts 82
  • Votes 2

Dennis

I am a Jamaican american my mom came here in the mid 80's and i came here in the early 90's so its a little different with my family history and slavery although i have done research and found out that my great grand father was a european white guy which is something fascinates me.

I have an understanding of the history america's, I've constantly stressed that i'm not here to see reparation or hand outs I think that makes people lazy but what i've tried to say is that we all would like a fair shot.

i know america is great because of the little man and not the government run systems but some people need help, i think investing is people is better than investing so heavily in weapons per se.

Often time these people take jobs that no one in america wants to take, they do the most remedial jobs and love it because it gives them some money to support themselves and their families. My mom worked as a nursing assistant for quite a while and raised 8 kids, i left home early to go get mine and take some financial stress off her, i know she's proud of what i've accomplished, i have siblings who didn't do much with their lives; i can't say why honestly.

I have noticed though in the last 3 years that more and more american trained college graduates are leaving the country to find better opportunities elsewhere, to me that's what scary; when the educated leave our country, that's the opposite of what makes this country great.

Im young and i don't have a family but i give a lot of my time, i volunteer, i teach english to immigrants and poor and these people work really hard to get somewhere in this country.

I do real estate to pay for my mom's house, although i don't live with her, she needs help. Soon I will be leaving the country to expand and teach english overseas, i do real estate to help fund that for me. That's what I do with my time when i'm not doing real estate.

Post: Here we go

Owen HogarthPosted
  • Real Estate Investor
  • fort lauderdale, FL
  • Posts 82
  • Votes 2
Originally posted by Tim Wieneke:
Owen,
I just realized something thinking about Darwin and racism. I know why racism persisted for 200 years even after the first anti-slavery laws were passed in America. Racism was "scientifically proven" to be correct at that time. "Science" is one of the hardest things to correct. It's hard to the point of ridiculous and certain people's faith-based devotion to "science" rivals the most fanatical of religious zealots. Science still refers to Newton's "Laws" even though Einstein's "Theories" have disproven some of Newton's "Laws". Reading some of the history on this, you begin envisioning the orangutans in Planet of the Apes covering their eyes and ears and yelling about "Scientific Heresy".


Your right about science and slavery . . . back then it was common to think that you can tell a person's personality by the shape, size, configuration of someones head/ skull . . which just sounds ridiculous today right but the people who were in charge had no laws to prevent them from exploiting the people already in bondage so that only made the situation worse for the enslaved although they weren't the only ones being used as guinea pigs.

Thats why i said science and faith can and should coexist, if you take a step back and look at both scientists and believers in faith what it comes down to is their strive to make the world a better place. Science tries to do this through the creation of drugs, experimentation and theories but all of those start in some person's head.

similarly with religious believers they want to make the world a better place through compassion and caring for your fellow human. They give time, services, and hope.

different approaches but both cause in my eyes are noble and deserve some credit for where we are in the world today.
throughout history we see where faith lead people to do great things, mother theresa, ghandi, martin luther equally we've seen science do great things such as the curing so many diseases and generally keeping people alive longer and in better health.

on the other side we've seen people use the guise of faith to lead people to do crazy things . . . no names need to be named but i'm sure we all know at least one and we've seen the scientific method used to create weapons that can destroy the world many times over, create new diseases right.

so we can say well religion is better than science and visa versa but what does that mean, under what context, how can we quantify "better"?

So this is just acknowledgement that there's more to the issue than is often debated and if we have extremist on either side not letting go or willing to examine what they are holding on to then nothing gets done.

Post: Here we go

Owen HogarthPosted
  • Real Estate Investor
  • fort lauderdale, FL
  • Posts 82
  • Votes 2
Originally posted by Tim Wieneke:
Originally posted by Owen Hogarth:
why can't jawsette answer the question constantly dodging the question throwing up false arguments the change the subject its like trying to debate a child talking in a circle. If he would just answer the questions then we can debate the ideas.


The problem is that the way evolution is presented in government run education is that it is either evolution or intelligent design. It creates a conflict between scientific theory (not law) and faith that really didn't need to exist in the first place. Stephen Hawking got a commendation from the pope when he described his Big Bang theory because it explained that a singular event created the universe - which is what Christians believe. We simply believe it was an intelligently designed singular event.

It also needs to be noted where theories of evolution can go very wrong - specifically within the study of eugenics. If you want some chilling perspectives of a racist eugenicist read Darwin's "Descent of Man". They're right in line with the perspectives of people like John Holdren and Ruth Ginsburg though the later two were conscious enough not to mention specific races.


Tim I understand the points your making and I think their valid and true that the government does try to paint an either or situation where only one can be correct.
Early science research such as astronomy was done by men of faith, i know that both can coexist and complement each other.

Remember in early astronomy galileo and his peers were often religious but still did scientific research. Not until they discovered that the earth rotated around the sun and not visa versa was there a problem. We now know that the church was wrong and science was right but that's not the point, the point was that men who believed in god also believe in the scientific method. they can coexist and they should coexist.

Post: Here we go

Owen HogarthPosted
  • Real Estate Investor
  • fort lauderdale, FL
  • Posts 82
  • Votes 2
Originally posted by Tim Wieneke:
Originally posted by Owen Hogarth:
Do you believe in evolution?


Of course I do. The evidence of some level of animal adaptation to it's environment is present all around us. I also believe that evolution is more evidence of intelligent design. Assuming that a perfect ecosystem could just create itself - no one could rationally believe that a perfect ecosystem that created itself could also create it's own means to adapt to changes without some intelligent design behind it. No scientist would rationally believe that a sweater floating around in space put itself together.

Tim I can honestly appreciate your answer its straight forward to the point and explains your views clearly.

why can't jawsette answer the question constantly dodging the question throwing up false arguments the change the subject its like trying to debate a child talking in a circle. If he would just answer the questions then we can debate the ideas.

the question was did you believe in evolution and he jumped over to, "my beliefs are not in question . . ." I honestly feel like "debating" with him is a waste of time its like trying to grab hold of a fish covered in oil, why even bother if we can't continue down a train of thought.

Post: Here we go

Owen HogarthPosted
  • Real Estate Investor
  • fort lauderdale, FL
  • Posts 82
  • Votes 2
Originally posted by Mr_Investor:
Slavery existed all the way back to the Biblical days. Back then slavery was common and not forced like it was during modern times.

You volunteer as a slave back then and when your time as a slave was up you were released from your duties and went on with your business.

So slavery back during ancient times was beneficial and common.

Now something too think about. We are slaves to something. If you work for someone guess what you are a slave not a forced slave like in the civil war era but a slave nonetheless much like the biblical slaves.

It's all how you interpret what slavery is.

We weren't arguing where or when slavery started it was more about exposing jawsette views on the issues. It's clear from the answer that was provided that it was ok with him because we now live in america and so many people prosper but in my opinion it shows a lack of morality to say because we now have america it was ok to exploit people in such ways.

When you say slavery to our jobs and our things that's true but its by our own choosing that we decide to get up and go to work each day. you can choose not to, although the consequences might not be worth it, thats each individuals right and no one forces you to work.

The slavery we were debating was a much harsher treatment of human beings, to the point where they were less than human, if you didn't work, you would get branded, whipped, scarred, your family would be injured to make you work. there was no free will in that, the slaves got nothing for it.