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14 January 2017 | 96 replies
If it is a strong deal, bring the offer up, as a new investor I'd say don't go in without an inspection, as the inspection will be a valuable blue print for you on repairs the property needs, and if something major shows up renegotiate cash in the offer for the repair.
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12 April 2018 | 109 replies
@James Woodrich well to answer your question about anyone who invested before 2008.. that be me.I was basically retired by then.. but then the crash rentals went poof loans went poof.. developments went poof.. commercial buildings I had that were great my tenants were going banko.kind of depended on the area some areas likeVegas, PHX ATL FLA central CA Inland empire in urban areas of most MSA's they all got hammered places went vacant.. many multis got below sustainability and or loans were due and had to be called it was a nightmare.. long standing billion dollar real estate firms like Opus from your area TOAST it was all across the board .. some areas not so bad others as stated huge wipe out.for me I lost millions.. and first to admit .. but then I did not lose my ability to get whence I came I just retooled and went after it again.. so that was when I was 51 when that happened now I am 61 and about back to where I was and frankly like many in our business after your second or third wipe out you get stronger.. so for me now and I know its Totally contrarian on BP but I am debt adverse have very little and have no interest in quote un quote good debt.. there was NO good debt back in 08.just ask all the new syndicators that are doing these deals where the deals came from last crop that lost them or did not have the money to properly maintain them.. and investor that bought with 100 cash flow max debt I ended up owning about 250 of those homes from those that I foreclosed on that bought under these exact same scenarios your all talking about.so that's my experience now I am MR> Blue sky and I am not predicting a 08 wipe out by any means but as one ages and lives through that nightmare ( and one of the few of my peirs that did not get totally wiped out and did not BK) I am just way more conservative now..
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3 November 2022 | 18 replies
Other areas to mention for having certain vibeParty action: mission beach, pacific beach, lesser oceanside, down town area especially near the ball field (Petco park)Liberal (think Berkeley): ocean beachMore high society: Rancho Santa Fe, La Jolla, Del Mar, Coronado, pt Loma Rural/country: Julian, Ramona, lakeside, jamultouristy: Julian, La JollaCity action: hillcrest, golden hill, bankers hill, north park, South ParkMilitary: oceanside, imperial beachgay scene: hillcrestbest schools are usually consider Carmel valley, poway, north county beach areas
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3 April 2022 | 6 replies
The U-Bolt has a nifty fingerprint ID access feature, which would be great if the resident is also a blue to set that up on the Ultraloq app.
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31 January 2021 | 28 replies
During the hurricane Sandy electricity by the Manhattan beach in Brooklyn (right by the ocean) was restored in 7 days (I believe its one of the longest repairs in Brooklyn.
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6 February 2023 | 18 replies
Quote from @Joshua Ocean: Quote from @Eliott Elias: Refer to the lease, it should explicitly state repercussions if lease is broken early.
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25 February 2016 | 22 replies
You can host your own version cheaply on a server like dreamhost, wp-engine or digital ocean.
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15 January 2015 | 19 replies
After more than 25 years dealing with all sorts of good people, rotten scoundrels & once in a blue moon psychopaths, all you need is one psycho to end the need to be "the owner", and you will eventually get one.
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20 November 2017 | 11 replies
Blue Shield is bringing over 1200 more employees as it relocates it's HQ to downtown Oak in 2019.