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All Forum Posts by: William Walker

William Walker has started 15 posts and replied 208 times.

Post: Rent increase for 7 year old tenant

William WalkerPosted
  • Investor
  • Wilmington, NC
  • Posts 211
  • Votes 262

7 year old tenant? Yikes, might have to check with their parents!

Post: Choosing a property manager.

William WalkerPosted
  • Investor
  • Wilmington, NC
  • Posts 211
  • Votes 262

@Jack Center

Sorry bringing up such an old thread, didn't see it till now.  I have a rental in Wilmington at $1300 and went with Sweyer after shopping around.  I have been really happy with the service I have gotten there and they seem to have a high quality of applicants due to their screening process. 

Best of luck, hope you find a good one!

Post: Advice on Rental Appliances

William WalkerPosted
  • Investor
  • Wilmington, NC
  • Posts 211
  • Votes 262

@Jarrod Kohl he said the burner was broken and the unit is 10+ years old.  Might be time to invest in a new one depending on the class of the rental.

Also to chime in, Sears has the WORST customer service I've ever encountered, rivaled only by spectrum.  Their customer service is so bad that I will literally never purchase a single item from Sears again in my life. 

Post: How do you hold & protect physical gold?

William WalkerPosted
  • Investor
  • Wilmington, NC
  • Posts 211
  • Votes 262
Originally posted by @Account Closed:

In a SHTF scenario, gold is worthless. Firearms, ammo, drugs and alcohol will be the units of trade.

 This depends on your definition of SHTF.  If you're thinking mad max, the road, or something along those lines, then I agree.  If you think more along the lines of things that have happened in history and are even happening now, precious metals have great worth.

Post: How do you hold & protect physical gold?

William WalkerPosted
  • Investor
  • Wilmington, NC
  • Posts 211
  • Votes 262

If you look at how a lot of people have escaped countries in the past during political turmoil, they use things like gold, silver, diamonds, etc.  Paper currency of their former country becomes worthless.  No matter what country you go to, precious metals have value.  They are easy to transport, can have significant value or be in smaller denominations, and keep their value. 

@Chris Martin The SHTF people have the land already, they want something with value they can transport if they need to.

Post: How do you hold & protect physical gold?

William WalkerPosted
  • Investor
  • Wilmington, NC
  • Posts 211
  • Votes 262

@Account Closed

No need to be sorry, hopefully my investment choices don't affect you. 

Each type of investment has its role, the benefit of precious metals is that you can physically have them in case of emergency (or to caress).  It defeats the benefit of precious metals if you have them in paper form or store them where you can't get to them in an emergency. 

I'm not a domesday kinda guy, just recognizing the role of precious metals in an investment strategy. 

Post: How do you hold & protect physical gold?

William WalkerPosted
  • Investor
  • Wilmington, NC
  • Posts 211
  • Votes 262

Gold and silver can stay in a safe at home.  If you're really getting up there in $$ invest in a safe bolted to the foundation and find a way to hide it.  I'm not a fan of purchasing precious metals that someone else stores for you and you never see. Pretty much defeats the purpose of precious metals. 

Post: Buyer went behind my back

William WalkerPosted
  • Investor
  • Wilmington, NC
  • Posts 211
  • Votes 262

@Joe Gee I'm really not anti wholesale. I'm against shady wholesalers who lie and deceive buyers and sellers and I'm not saying that is you at all. 

What I'm stating regarding your original post is that you didn't provide a service to the seller in that you didn't bring a buyer, and you didn't provide the buyer with a service in that you didn't bring them a house they could buy. That is without going through a mortgage, and they couldn't do that through you.  So it's difficult to side with your frustration when you weren't really helping either party. I'm not saying that because you're a wholesaler, I'm saying that in business you have to provide something to make money. 

You seemed fine with dropping your contract with the seller, so why are you upset he then sold the property??  Because that's what this is really coming down to. If he sold it to someone else would you be just as mad?  Either way you didn't make any money. 

Post: Buyer went behind my back

William WalkerPosted
  • Investor
  • Wilmington, NC
  • Posts 211
  • Votes 262

To the OP - You willingly gave up the contract because you couldn't purchase the property and couldn't find a buyer.  The buyer couldn't go through you because they didn't have the cash.  The seller wasn't benefiting from you because you couldn't buy the property or find a buyer.

While you brought the property to a buyer, you didn't bring it to the right buyer (one with cash).  I don't think it's shady at all.

I agree with most everyone on this thread, no need to repeat.  

My question is what's your reason to post the sign?  It's not going to make tenants feel safer or decrease crime. You presumably don't live there so it doesn't affect your safety.  I just don't see any benefit for the landlord.