James Vermillion
Help End Lurking...Introduce Yourself to BP!!
23 July 2013 | 7 replies
People don't come here to read someone saying hello they come here to read experienced people answering important questions.BP can eat their cake and have it too if they just created a intro tab.
Andrew Baisley
Gut Check My Beginner Thinking
20 April 2013 | 25 replies
Awesome, awesome, awesome stuff.Anyway, after lurking in the BP forums I've learned that the numbers don't add up in NYC—especially with the 2% rule of thumb.Appreciation is just the icing on the cake yet it seems to be the only name of the game here.Now I'm thinking about investing outside of the city.
Michael Quarles
I died yesterday!
22 September 2012 | 17 replies
Are they going to serve chocolate cake at your funeral ?
Katie Douglas
Frustrated with Bigger Pocket Posts
29 November 2015 | 109 replies
Sure, it has a cost (I've been more fortunate than some in that my employer paid for me to move), but you have to evaluate it in the context of future income/earnings, and whether it's worth it for you (and your family) or not.For some folks they simply don't want to change where they live - and that's OK; but you can't have your cake and eat it too (i.e you can't stay in a high unemployment area but still expect to make loads of money in salary or whatever else; if you choose to stay because of lifestyle or other reasons, that's totally fine - but there's generally a choice to move to somewhere different with better employment opportunities).If you invest (for sake of argument) 20K in moving and you gain 10K a year after tax in extra earnings - that's a 2 year ROI, after which, you're making extra money that will continue to increase with raises and so on - WIN!
Philip Bennett
Illegal immigrants as tenants
16 January 2018 | 273 replies
What you don't understand is that this puts you in an analagous position and at the same legal risk as the people who refuse to bake cakes for LGBTQ customers.In their case it is direct discrimination in your case it is indirect.
Nathan Hui
What is your cutoff for cash flow/door?
20 August 2019 | 83 replies
At 5% growth that home will generate $24,748 in total cashflow over those 10 years and is cashflow positive by $441 per month during year 10, and the cherry on the cake is that the home has appreciated in value to 163k.
Rob Tossberg
If I put 25% down does the bank care about my Income? Advice?
12 May 2017 | 23 replies
@Rob TossbergLooks like you want your cake and eat it too.
Anthony Sanzari
Dealing with Section 8 Tenants
30 November 2023 | 8 replies
Beyond that you've got constant fighting with the neighbors, layers of nicotine caked onto your walls, constant complaining, broken windows, no batteries in your smoke detectors, and a yearly Section 8 inspection that requires you to pay to fix a whole bunch of tenant caused damages.
Shiva Bhaskar
Thoughts on Cleveland REI after a 4+ day investor visit
19 October 2018 | 28 replies
I think for a lot of out of state investors, cash flow in decent areas is strong, so appreciation is icing on the cake.
Joshua Acosta
Advice For New Agents
25 May 2023 | 17 replies
Happy to connect with you I'm in orange county and we host monthly RE meetups in Anaheim where you meet other like minded people.