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All Forum Posts by: Richard Mace

Richard Mace has started 2 posts and replied 11 times.

Post: Can a builder ask for a 20% earnest money?

Richard MacePosted
  • Rental Property Investor
  • Montclair, VA
  • Posts 11
  • Votes 3

@Catherine Coy Hahhaha

Post: Deals a decade ago?

Richard MacePosted
  • Rental Property Investor
  • Montclair, VA
  • Posts 11
  • Votes 3

@Brian Gerlach

Tracking. I think I wasn’t super clear. I meant deals made from the market heights that preceded the financial crisis.

Post: Deals a decade ago?

Richard MacePosted
  • Rental Property Investor
  • Montclair, VA
  • Posts 11
  • Votes 3

@Anish Tolia

Awesome. That sounds like it worked out pretty well.

Post: Deals a decade ago?

Richard MacePosted
  • Rental Property Investor
  • Montclair, VA
  • Posts 11
  • Votes 3

@Joe Villeneuve

Oh ok. So thoughts about the rest of my post?

Post: Deals a decade ago?

Richard MacePosted
  • Rental Property Investor
  • Montclair, VA
  • Posts 11
  • Votes 3

@Joe Villeneuve

Lol idk man. Why ask the question?

Post: Deals a decade ago?

Richard MacePosted
  • Rental Property Investor
  • Montclair, VA
  • Posts 11
  • Votes 3

@Joe Villeneuve it’s an arbitrary goal. I’m not gonna die if I don’t.

Post: Deals a decade ago?

Richard MacePosted
  • Rental Property Investor
  • Montclair, VA
  • Posts 11
  • Votes 3

There are always stories about people who were burned buying before the financial crisis a decade ago. Can we get some inspirational deal rundowns from people who have held from 2008-2010 purchases?

What was the deal?

What's your ROI looking like now?

Cash flow then vs. now?

Will you continue to hold?

Rates are super low... would you make the same deal again for that reason or would you have held off?

Anything else you’d like to add for us newbies.

I’ve got 90 days to find my first deal. Don’t want to get scared off by rising prices and uncertainty.

Post: COVID-19 vs. Basic Freedoms

Richard MacePosted
  • Rental Property Investor
  • Montclair, VA
  • Posts 11
  • Votes 3

@Bryan Beal

I think you need to go read a bit more on Freedom.

Your freedom stops where mine begins, bud.

Post: Unfair madness! Landlords getting hosed.

Richard MacePosted
  • Rental Property Investor
  • Montclair, VA
  • Posts 11
  • Votes 3

@Jason J.

Lol I was kidding.

But I definitely had to scroll for a minute to get to your reply.

Post: Unfair madness! Landlords getting hosed.

Richard MacePosted
  • Rental Property Investor
  • Montclair, VA
  • Posts 11
  • Votes 3

@Jason J.

TLDR

The world is unfair... you sound like, well.