Jonatan Cris
Artificially inflated prices
21 December 2020 | 12 replies
They just magically went from selling for 340k to 590k over night with no real explanation but (people are paying it, so, whatever).I believe in the capitalist system and in supply and demand, and if it was created because less people chose to just stop selling and keep the properties I would understand, but this was all caused by a global pandemic that is still wreaking havoc.
Michael Giordano
Best Investing Strategy on Long Island
21 October 2021 | 12 replies
The prominent venture capitalist, Paul Graham, wrote an great essay on the topic of startups doing things that don't scale - http://paulgraham.com/ds.html
Estes Real
Buying Tax Liens on HOA Common Areas
29 May 2018 | 2 replies
I have been hesitant to invest in tax liens for the simple reason that, as an anarcho-capitalist, I hate that "governments" have the senior lien to any private property.
Cristian Portillo
Stock market is down, is real estate next?
5 May 2020 | 11 replies
Not all landlords are wealthy capitalist.
Michael Burke
Shared Laundry in Duplex
16 September 2019 | 7 replies
I'm a big fan of minimizing common areas, common amenities... and their inherent expenses to the small-time landlord... whenever possible.Think of common areas and amenities as the socialist part of your capitalist facility... encouraging irresponsible use and abuse...Your use of a direct payment system, like the coin-op timer, is a good step in the right direction.However... if you are going to use the basement as a common area... sounds like you need to have a common area electric service with its own meter...If you see no reasonable or affordable way to physically separate the common area utility circuits from the lower unit... then you might want to adjust the lower unit's rent to compensate...If you have decided not to do any re-wiring... another option might be to designate the basement, and all it entails, as belonging to the lower unit... since it is already wired that way...
Conrad Z.
Owner Financing - Benefits/Pitfalls??
5 April 2011 | 9 replies
Remember, just because you find an idiot to buy something at a grossly inflated price does not mean some judge will find that you have the capitalistic right to do so.
Anthony Santa Ana
Hello from sunny San Jose, CA
14 May 2013 | 17 replies
As the business model social capitalists becomes more popular, I would like to use the vehicle of real estate investing to funnel resources into my future foundation/non-profit.
Kevin L.
Please tell me this is WRONG
13 March 2010 | 10 replies
No rant... just an acurate observation about the challenging state of affairs in our "capitalistic" economy.
Dan Powers
The Death of the Wholesaler?
30 April 2021 | 69 replies
But the man is not that nice and he is a CAPITALIST who sees a great opportunity to maximize his profits.
Cameron H. Forbis
why do people hate landlords?
10 April 2021 | 82 replies
Forbis we are greedy capitalists who are out to rip off poor people. 😜 j/k of course.