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All Forum Posts by: Logan M.

Logan M. has started 136 posts and replied 728 times.

Post: Vetting Felons, Drug Addicts, Sex Offenders and Poor Credit/No Credit

Logan M.Posted
  • Investor
  • Provo, UT
  • Posts 737
  • Votes 620
Quote from @Samuel Coronado:
Quote from @Bruce Woodruff:

I would not rent to any Felon that had a serious or violent felony conviction...., sure,  some felonies are less troublesome but I would draw the line


 This is the philosophy we go by. Constant government overreach can make anything a felony these days, but we look at certain things: 

1. Absolutely no crimes against children

2. No domestic violence within the last 10 years and then only on a case by case basis, but most of these are a blanket no. 

3. Drug offenses must be at least 5 years old and can pass a drug test today. 

4. No violent offenses whatsoever. 


 Have you ever required a drug test

Post: Vetting Felons, Drug Addicts, Sex Offenders and Poor Credit/No Credit

Logan M.Posted
  • Investor
  • Provo, UT
  • Posts 737
  • Votes 620
Quote from @Roger D Jones:

Some states limit total amount you can collect on security deposits.  Best to check.


 I would avoid those states

Post: Red Vs. Blue States real estate investing

Logan M.Posted
  • Investor
  • Provo, UT
  • Posts 737
  • Votes 620
Quote from @Steve K.:
Quote from @John Morgan:

Avoid blue states at all cost. An eviction will crush you.


 My last one took 3 weeks and cost $320 so it definitely didn't crush me. Colorado, blue state. Ranked 11 spots ahead of Texas in Most Landlord Friendly States of 2024: https://www.doorloop.com/blog/landlord-friendly-states  Sorry buddy! 


 This is awesome, thanks for sharing!

Post: When do you become a big deal?

Logan M.Posted
  • Investor
  • Provo, UT
  • Posts 737
  • Votes 620

I see a lot of information online that makes it seem like only a couple houses is success and for someone new I think the start of your journey is a big deal.

In the big picture when does a landlord or property owner become a big deal.

Is it number of units, volume of real estate, net cash flow from your rentals etc?

How do you gauge success as a real estate investor?

Post: Red Vs. Blue States real estate investing

Logan M.Posted
  • Investor
  • Provo, UT
  • Posts 737
  • Votes 620

@Bud Gaffney do you feel like the relationship between Landlords and Tenants is fair?

Post: Red Vs. Blue States real estate investing

Logan M.Posted
  • Investor
  • Provo, UT
  • Posts 737
  • Votes 620

@Joel Owens great reply, thanks!

Post: Red Vs. Blue States real estate investing

Logan M.Posted
  • Investor
  • Provo, UT
  • Posts 737
  • Votes 620

@Steve K.

My wife is from Colorado Springs and we visit once our twice a year, beautiful place.

I see a lot of what's happening in Utah similar to Colorado a decade ago. We are having major affordability issues but there are a lot of similarities.

Post: Red Vs. Blue States real estate investing

Logan M.Posted
  • Investor
  • Provo, UT
  • Posts 737
  • Votes 620

@Scott Trench thank you for your response on this post, I think it provides a lot of great points.

I grew up in California and there is a lot I love about the state but I'm terrified to own real estate there.

My parents will be selling there home soon and I've thought about buying it since it's my childhood home but I'm nervous about collecting rents etc.

Post: Red Vs. Blue States real estate investing

Logan M.Posted
  • Investor
  • Provo, UT
  • Posts 737
  • Votes 620

@James Wise they go hand and hand. All we have to do is compare states and their response to Landlords during COVID.

Post: Red Vs. Blue States real estate investing

Logan M.Posted
  • Investor
  • Provo, UT
  • Posts 737
  • Votes 620

@Adam M. If lived all over Dumas, San Angelo, Hondo, Odessa, Houston area (Sugarland area and around Fort Hood.

The only part of Texas I haven't been to is down South by the border line McAllen Texas.

I think the issue with investing in West Texas is that there is not much of a shortage of land and the population is not very dense so that brings another set of concerns for me.

I'm much more aligned with a lot of Texas' economic policies but I'm not as bullish as some others on the next few decades there.

Also, it is sooo hot 🔥 the hottest I've ever been in my life has been Texas and I lived in Honduras for two years so I think I have a good point of reference.