Mary Cronin
End of year rant
31 December 2012 | 9 replies
No telling what will happen when the artificial job market in DC bottoms out (i.e. inefficient government jobs supported solely by tax payers) and outrageous rents like paying $2,300 for a 650 sq ft 1BR unit are no longer realizable.
George P.
What??? Housing recovery?
19 December 2012 | 1 reply
I believe BAC's market cap will continue to rise especially if the government agrees on a fiscal cliff deal.
Eric L.
Inflation Calculation Changing Again
22 December 2012 | 1 reply
We know that prices rose 8% last year, but the official government inflation number was less than 2%.
Andrew Heinle
Homeownership Vouchers
26 December 2012 | 4 replies
HUD has had lease-option agreements where tenants could end up buying a property but no government money can be used toward the credit and I believe that program has died a slow death over the years.Taking government funds as rents and crediting back an equity interest is fraud
Mitch Monmouth
Cash strategies
21 December 2012 | 5 replies
I prefer to work in a stable bread and butter market with people like teachers and government workers who we assume passed a background check and are drug-free.
Bill Gulley
Sandy Hook
5 February 2013 | 173 replies
If you're going to use the argument that guns should be legal for the purpose of protecting ourselves from the government, then to be consistent, you should be in favor of legalizing the types of weapons that will actually protect us from the government (including the same weapons the government has).
Chris Martin
No need for an operating agreement, just ask a lawyer
31 December 2012 | 16 replies
This case arises because the members of a law firm organized as a PLLC did not adopt an operating agreement or any other documents governing the operation of the PLLC."38 pages of lawyers pissing on eachother.
Bill Gulley
LLC Minutes & Maintenance Issues
13 January 2017 | 13 replies
Laws governing LLCs may vary from state to state.Bill, I don't know Missouri law, but some of the information you are putting out in this post is not accurate for most states.
Bryan Hancock
Higher And Better Use: Burying Dead People Or Residential Development?
31 December 2012 | 7 replies
Then the expenses come in for soil samples, engineering and complaince with local governments (poitical).
Philip LaRoche
New to investment properties
3 January 2013 | 9 replies
As for the rate of vacancies, its hugely dependant on the area and class of properties again, and whether or not you want to deal with government supported tenants (what you call section 8 in the US)- for me, in Japan, its a no-brainer, since they're nothing like yours in the US, but if that's where you plan to invest, you'd better give this some thought - these tenants will fill up your vacancies fast, but come with a whole unique set of issues.Totally with you on the leverage front, wouldn't touch a mortgage with a ten foot pole these days, seen too many smart individuals and savvy companies (and I'm not saying this with cynicism) get very badly burned with assumptions regarding appreciation, depreciation and amortization - to think the GFC is a once in a lifetime event and will never happen again is the biggest (and dumbest) gamble of all, in my perspective.The amount of time you'll spend on each property, again, is a direct factor of the class of properties and areas you invest in, and the quality of your chosen team, in particular your property manager.