All Forum Posts by: Neil G.

friend with wife and young daughter mentioned their landlord is knocking down shower and bathroom walls, and they just had to shower and use the bathroom in backyar. said landlord refused to provide even a local motel room to go and use the bathroom/shower at.

friend seems irate enough to be especially upset that has 2 yr lease and 'feels' landlord/owner's actions are in breach of it. also mentioned in ripping out walls they and some framing are covered in 'black slimy looking stuff' and the repairmen did not cover any of his furniture and it may be contaminated (with dust, debris, spores?)

offered mine as temporary relief but wonder what their rights are? they are in long beach, ca.. part of los angeles county.

does anyone refute the '7yr cycle'? (http://www.econmatters.com/2014/09/the-7-year-cycl...)

sure seems to be proving itself again. what i don't believe is just 'cyclical' is the tens of trillions of dollars in US debt yet critics arguing the US is 'still holding strong' when in federal reserve reality what was 1 dollar 100 yrs ago is now the same dollar at face value, but worth only 4 CENTS; it doesn't take a math genius to realize the dollar is already that inflated and just a few cents away from being virtually worthless (heck here in coastal socal i wouldnt be able to survive everyda housing/living expenses taxes fees etc on $100/day.. would you?)

how about the next housing crash, it's only a matter of time; might it be worse than the last?

http://wolfstreet.com/2015/06/21/housing-bubble-2-...

https://www.youtube.com/watch?v=jylLSFs0vc8

congrats on ur cash(?) purchase! i'd try netquote

doesnt sound like a good buy and hold past at all yea so i'd sell and reinvest

literally gauge condition & function of each fixture (ie, faucets, toilet, cupboards, windows, etc) with itemized checklist, signed and dated by both lessee and lessor 

congrats keep it up; before u know it u might own the whole block! i'm wondering around how much u might buy the other half for, also around 350?

welcome and ur titles says it all: u need/want a duplex. 

unless ur also open to just getting a SFH and renting out some of the bedrooms and sharing kitchen and possibly bathroom(s).

good luck wheeling and dealing in ur local turf; ur starting so young so dont rush - dont overpay for ur investment. 

maybe look at HUD and REO deals! are u handy?

im still relatively new to socal (originally from long island and the nyc metro area) but in networking with alot of seasoned area 'brokers' i'm surprised to hear from quite a few (3-4, out of like 12 i've had conversations about my finances so far) that they still rent their condos and lease cars.. idunno, maybe its the new trend in society, to 'rent' everything?

personally i've never bought a vehicle with a loan but i have had a mortgage once and will need ne for next purchases too as ended up vested in my primary residence, and i can totally relate to the need for renting one's office/businessplace due to the even higher prices of coastal socal commercial properties. but what about the established brokers nowadays that are still renting everything longterm? might it affect your impression of them once learned, or are u more objective as to the bottom line being how much they produce? me i'm openminded and know everyone's priorities are different ie a father of 5 kids i admire he put their education funds first, over what he does or doesnt 'own'; but just wondered if brokers are sometimes evaluated by peers along such lines as owning vs renting.

seems to me lately alot of acquaintances around exude bountiful success and throw around huge volume numbers but sometimes when given a look an inside look at their assets either some are hidden, lots of $$$ is being spent on overhead/expansions, and/or ppl nowadays somehow generally r spending beyond their means no matter what income bracket?!

im a landscaper alongside realtor so on days/times i have both clientelle, a pickup would be perfect but unfortunately since i'm still unburying myself out of crosscountry relocation expenses im just borrowing my buddy's truck sometimes but can hardly wait to be able to afford a pickup and would use it for re meets without any hesistation; appearance is overrated its the real property in question that ought to be in the spotlight not the accessories (although someones thats supposed to be a pro/expert in buying/selling but is leasing everything longterm, ie, their car AND their home, would send me mixed signals for sure! but i'll get into that in maybe a separate thread as dont want to derail urs)

nevertheless, think gas, and think green.

no shortage of 'investment ed sharks' abound. 

to me, its intrinsic to what they're selling. 

how many k for that koolaid?