All Forum Posts by: Steve Babiak

Rich,

See what I posted here so as not to have to be repetitious:
http://www.biggerpockets.com/forums/48/topics/1149-what-is-the-best-way-to-pass-real-estate-to-your-heirs-

Part of what makes this a "web" site is that things can be hyperlinked throughout, without having to duplicate each bit of the detail that was in the original contribution. And as Rich pointed out, getting interaction is what sets the BP site apart from other real estate sites that are out there. In my opinion, the cross-linking is a good thing because it can lead to more interaction, but cross-posting is a not so good thing (where by cross-posting I mean taking every word from a post and duplicating in multiple places of the varied areas of the site, whether blog, forum, bulletin, article, etc.).

A bit hard for me to believe that the management (namely Josh ) would not see the value in allowing this, but again that's just my $0.02 worth.

Rich, perhaps the moderators were complaining about what I called "cross-posting", and not about the cross linking?

I recently came across a forclosed property that also had not yet been listed on the MLS. I was able to contact the lender on it by phone, and they passed me along to the asset management company. And they gave me a price (I don't want to pay that much).

So it can happen, it just isn't the normal way these things go down.

In order to get something that is effectively the same, it is suggested that you upload the sheet to google docs (or similsr service) and then put the link to that on the forum with your message explaining what you are doing.

Rich,

There are benefits and drawbacks to both forum posting and blogging a topic. As Josh noted, some people prefer one over the other, and that's why I think your intent to do both is so wonderful - because you are willing to cater to that which the audience prefers, without excessive clutter.

And if Josh is giving you a rough time over putting a blog link in the forum, then you should report HIS post in this thread where he just did that very same thing!!

Just my $0.02 worth.

And sorry for getting off-topic here, but the discussion did go astray before me...

No problem - and you're welcome - Cary.

Still surprised that not too many people have asked about the "stupid guru" that I mentioned in my first post on this thread; do the "colleague request" thing by clicking my avatar, and PM to me. I will tell more that way.

jmathew1 and others from Phila. area - see my post in this thread:
http://www.biggerpockets.com/forums/86/topics/9845-looking-to-meet-other-investors-in-philly-area

Rich,

You now have my vote on that first post. I'm usually pretty good about voting on a post if I agree with it or like it for some other reason; see here and vote mine if you agree:

http://www.biggerpockets.com/forums/55/topics/37487-my-1-1st-post-and-my-intro-post-a-little-rant-from-s-e-pa-near-phila-

And somebody voted on another of your posts in this thread. So I think others are just not speaking up. Go for it on the blog and post back here to tie it in.

Rich,

Thanks for the clarification. So the fact that your estate plan has some things in common with what Edelman writes is simply one of coincidence - or two relatively smart people grasping the tax code in similar ways.

As to high net worth - I just threw that in to help grab attention. But the other part about offering details on the blog - the what and the why and how - well, that is something I think we all would appreciate learning. Just my $0.02 worth on that.

And you know I'll always pass along suggestions for good blog topics especially when I recognize that you have knowledge / expertise / wisdom on the topic above the average reader.

Rich,

Hope you enjoyed your recent cruise.

Some of your plan sounds similar to the content from Ric Edelman's book "The Truth About Money", which I know you recommend.

Was any of your estate plan formulated before you read Edelman? Or did you read Edelman and then contact your attorneys to craft a plan to follow some of Edelman's recommendations?

Might make for a good blog topic ... from one of BP's high net-worth investors ... just thinking out loud.