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8 September 2019 | 1 reply
All that oil vapor accumulates on the walls and cabinets, and becomes a sticky mess over time because it's not getting sucked out fast enough.A powerful range hood would solve this issue, but they tend to be loud.
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6 November 2023 | 10 replies
If you do not have immediate plans for the land then it could all be upside but be careful for environmental concerns (I.e. motor oil leaking on no paved surfaces, etc)I am not sure what “insurance” you have on the vacant land but you should always make sure and talk to your insurance broker to find out the specifics of your policy before committing to anything.Do you know if the owner of this company has truck stored some other place?
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28 January 2019 | 5 replies
West Texas currently has the largest oil find, the Mammoth Oil Find, in Texas State History that is expected to last for 10-15 years.Counteracting the oil growth has been a diversification of the local economy, focused on healthcare, education, increased manufacturing, and increased hiring by the government around the metro area.
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17 December 2021 | 229 replies
Even 10+ years later, I enjoy reading back over it, reliving the sweaty palm wins, the heart sinking losses and more importantly, seeing the evolution of my mentality and how I dealt with the highs and lows of risk, wins and losses.With that said, I've set a challenge for myself to make $200k in equity over a six month period, June-Dec 2018, investing in a market that I know well but am not physically located in.Details are below - enjoy.Goals1) Buy (5) single family properties in 2018 and get them refinanced into long term mortgages2) Purchase under market and achieve a minimum of $40k in equity per property after all repairs are completed3) Cashflow $250-400/mo after expenses & debt service per propertyFunding1) A single line of credit established on an existing single family property2) Private money from existing private money lenders that I've worked with over the years 3) New lines of credit that I'm currently in the process of setting up on existing properties - probably will not be established until late AugustBackgroundI work in oil & gas and I’m currently on assignment in Mexico and will be here for another 10 months.
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20 December 2015 | 3 replies
Also after you 179 a vehicle you can only take actual expenses, gas, oil changes ect.
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30 June 2021 | 126 replies
@Brian BurkeNot that I am a Houston expert but it may be an interesting area to keep your focus on if it gets hit with oil fears or people selling in advance of an oil-induced decline.
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28 November 2016 | 61 replies
They don't do their own oil changes.
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25 February 2013 | 23 replies
My mind always things in terms of geology and is there oil or mineral wealth and then I go back to tree farming and other things i can grow.
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22 March 2017 | 11 replies
Also, make sure there are no underground oil tanks.
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10 June 2017 | 17 replies
No changing oil on the lawn or driveway.