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All Forum Posts by: Shane W.

Shane W. has started 31 posts and replied 170 times.

Post: Replacing grass with drought tolerant plants for free?

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

@Francis A. yeah it seems like a great idea. 

Of course the day after I post this it's forecast to bucket down with rain. Hopefully a lot of it hits the catchments instead of flowing straight down the storm water drains and back into the ocean.

Post: Replacing grass with drought tolerant plants for free?

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

Hi @Hyuma Leland the company is called Turf Terminators.

Here's the article I found.

http://www.dailynews.com/environment-and-nature/20...

I'd be interested to hear how you go.

I have no association with this company.

Post: Replacing grass with drought tolerant plants for free?

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

So I came across an article on a company in Los Angeles that is ripping up lawns and replacing them with drought tolerant plants. It's all backed by the government so it's apparently free and they take care of it all including the paperwork with the feds.

They're quoted as savings upwards of $2,000 a year by replacing your lawn with these plants. Apparently they also install a drip water system so you basically have very little maintenance/gardening expenses on top of the water savings.

I guess as a landlord it would be a no brainer to increase cash flow, with zero expenditure.

However if you were to sell the property at a later time, do you think it would decrease it's appeal to buyers? Or could it be seen as a positive? I guess it would ultimately depend on how much longer California is in draught, but I'm curious to hear your thoughts.

Post: The iOS BiggerPockets App is Fixed!

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

@Joshua Dorkin since upgrading to iOS 8.1.1 the app has stopped working again.

Post: Multi Family Cash Flow Spreadsheet or Calculator

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

Hi guys,

So I already have J Scott's excellent spreadsheet for SFH. Is there another sheet or calculator around that can be used with multi families?

I can't seem to find one in the file place.

Thanks.

Post: Fees for REIA meetings?

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

@Brian Risi I'm also a newbie to RE and have attended 2 REIA's so far. One was free and the other was $20. The one I paid for was definitely in a nicer venue with snacks and drinks provided. It also seemed to have a higher level of investors compared to the free one.

Both provided good information. If it was worth $20, I'm not sure. However the best takeout of these events is networking. You can meet 10-15 people at one meeting if you're smart with your time. 

You'll discover as a newbie you won't have much to contribute, not matter how educated you try to be, but you're out there being a part of the community that's going to hopefully one day help you achieve your goals.

My advice, just get out there, because this industry is all about networking with other like minded local investors.

Post: Negotiation Book Recommendations

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

Thanks guys. All great recommendations. Exactly what I was looking for!

Post: 70% Increase in Foreclosures in 5 states...

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

Sorry @Brandon Turner wrong state. For some reason I thought you were a Ducks man...

Post: 70% Increase in Foreclosures in 5 states...

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

@Brandon Turner any thoughts on Oregon being tied for first?

Post: Negotiation Book Recommendations

Shane W.Posted
  • Professional
  • Santa Monica, CA
  • Posts 186
  • Votes 81

@Brian Larson ha! Not a rant just great fundamental advice!