All Forum Posts by: Shane C. Downs

Hello BP, was just listening to Williamson Moore's webinar on Rental Arbitrage and was wondering who else is out there doing this strategy?

@Michael Noto wow that looks great! Was it a struggle to fix that or was it a smooth fix, if such a thing exist?

Love the house looks like a lot of potential. I do want to point out one thing...is that a window in the shower??? Never have seen that before

I agree with Larry T. Check with local property managers for the vacancy rates. Then meet with local investors for what percentage they use for similar rentals to yours. 

@Jay Hinrich I liked your story about the tenants with the baby. I would've made the same mistake. You still grew your character from that situation. You did what Carl Jung calls integrating the shadow. Which is developing your colder side which is neccessary for this line of work. It's another part of why I want to be in real estate.

@Kai Van Leuven I wasn't trying to say that being a landlord is a call to the betterment of society. I'm trying to say there's more motivation underneath than just money even though money is a big part. It's naive to think you have to be Mr. Nice guy to develop your character. You have to be a monster but a controlled one, being cruel when it's neccessary. Being a landlord definitely makes you integrat your own shadow. 

@Jim K. I agree with that article. What I think happens is people shred their religious structure of beliefs and just replaces it with work/career. It's the same thing that happened with the rise of the Soviet Union. People put all the faith into a structured government. I aim more to the individual with ancient structures. They're a set of principles, however have to be tied into your own derived ideas. Sounds like you are in the same spot as me 

@Lori Greene that is good to hear. It also sounds like you've become closer to your sister. You maybe even inspiring her everyday without even knowing it. That's what I like hearing from people 

@Jim K. You're reading into something thats not there. Most of my ideas, which are fragmented, are derived from 20th century psychologists and their writings. I am still a Christian, but there's more to the teachings in the bible stories. What I stick to as a rock in my mind is what I just previously posted to Bill F by Carl Jung. I know the world is suffering but we can shine a little bit of light on who we are. My ideas stay fragmented and will change. They will not turn to myself becoming a demi god as you seem to think so. I don't know true path of life, all i know is this is how you develop your ideas.

@Bill F. Good question, very well put as well. My idea would be to always be looking internally. Through every decision you are affected and so is everyone around you. Carl Jung put it, As far as we can discern, the sole purpose of human existence is to kindle a light of meaning in the darkness of mere being.