All Forum Posts by: Tom Ford

Hey y’all,

I’m in a somewhat unusual situation and I need some advice.

A group of friends (myself included) recently came into some significant money, and we’re kind of at a loss about what to do with it. The cash came as a surprise to us, but one we were more than happy to accept (we developed software for a major client from the iGaming market, but other than their name (https://www.casinoshortlist.org/) I don’t really feel comfortable sharing any other details).

Anyway, rather than spend everything right away, we’ve been thinking about what the safest investment would be. We don’t really care much for multiplying the cash, we just want to make sure we don’t lose it overnight. One of us suggested house flipping as a relatively safe way to make things happen, but we’re not very familiar with how it all works.

I would love to get some advice on what the current situation is and whether this would be the right time to get into it all. Any tips and knowledge on the topic would be much appreciated!

Thanks for sharing, great stuff :) 

Good day everyone,

This may not be the right place for my post, but I don’t know where it could fit. Namely, the guy to whom I rented my apartment has made a mess out of my life. How could he do it, you may ask. Well, he seems to have got into terrible debts while he was renting my apartment. What’s even worse, he just vanished a few months ago without paying the last rent.

What do I have to do with this? Well, letters from his bank keep coming to my address. My daughter lives there now and she finds this really disturbing. One day, I was so furious that I opened one of the letters to see what was going on. I know, it’s rude of me to do such a thing, but had no better idea what to do.

Well, the thing is that the guy owes to his bank thousands of dollars as he kept depositing money to various online casinos. I even wasn’t aware of whether it’s legal here or not. The last thing I need is the police disturbing my daughter for something she hasn’t done. But after reading articles like this https://bang.ro/online-gambling-in-the-usa-is-it-legal/, I realized that the guy didn’t do anything so bad (except getting himself into terrible debts).

Back to my question. Have you got any ideas what I should do with those letters? Should I give the bank a call or pay it a visit? Or should I just throw them away as if nothing happened?

Hey all, I’m a small-time landlord with a few properties down in Henderson, NV. I won’t say that I’m making too much of a bank with my properties, but the business has been good enough where I’m looking to get closer to the Las Vegas downtown. Or at least, I started looking at LV since I’ve had a very unusual conversation with another landlord who is a friend of a friend.

Apparently, he does this thing where he rents a property just south of Huntridge Park to gamblers who arrive in Vegas with the sole purpose of gambling. When I asked him why wouldn’t they just stay at MGM like a normal person, he said there’s this group of people who prefer the privacy of a non-commercial property lease. He then told me that he decorates the entire house to be all about gambling.

He has installed slot machines, some of which work but don’t run on money. There’s also a dedicated TV in every room with a Poker channel on, etc. What really blew me away was the fact that every room had a small booklet with gambling tips and trivia. He paid someone to print stuff like this https://www.gamblingafrica.com/indepth/history-of-online-casino-gambling.asp on a fancy paper and made a booklet out of it. When I laughed out loud at this juvenile idea of a gambling den, he didn’t even blink.

A few days later, I learned from a mutual acquaintance that he’s pretty much dropping most of his properties and developing more ‘gambling dens’ like that one. Now, he could be pulling my leg, but I’m super interested in this idea. Has anyone heard about anything like this?

Thank you so much. I was planning to place for renting my parent's house. 

I sold my property to my spouse and there was no problem there. Sure you can :) Good luck