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26 March 2014 | 7 replies
I pay for heat in two of the units ($375/mo on average through winter, oil heat) I want it out of my name.
8 February 2015 | 2 replies
Oil worker country :) It did not require any repairs by the investor.
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16 October 2018 | 27 replies
LOL its funny people can put others in an others shoes and (seemingly) know every system/person.If snake oil fixes an ailment go for it...if a newspaper column, text book, word of mouth, an "experienced" investor or what ever "educated" person &/or program looks good & helps get a deal &/or exposed to something like BP...doing deals etc then why bash it?
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22 April 2015 | 8 replies
Was laid off yesterday through a reduction-in-workforce at an Oil & Gas company.Did some math, and after cutting house cleaning and childcare expenses, I need to bring in $30,000 in after-tax rental income (depreciation EXCLUDED) to match my W2 job's take home pay.Thanks to what I learnt at Bigger Pockets, I will liquidate my low performing SFR in Wisconsin (0.4%) and invest in higher yielding (1+%) rentals in my area and easily make up the $30K.
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21 July 2015 | 12 replies
Other factors, like title issues, environmental issues (asbestos, oil tanks, etc) can hinder the process.
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29 July 2015 | 38 replies
Now if the economy weakens -- as we are starting to see here in Alberta with the drop in oil prices -- then sure, we could see that reflected in real estate prices.
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9 April 2020 | 47 replies
The only thing I'm not crazy about is that the heat is not paid by the tenants (everything else is though) and it's oil heat.
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31 December 2015 | 7 replies
In my city, everything is extremely reliant on oil prices.
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31 December 2015 | 1 reply
With the crash of oil im looking at new ventures.
18 February 2016 | 49 replies
Houston economy is more diversified than it used to be in the 80s, when oil price crashed.