All Forum Posts by: Anthony Gayden
Anthony Gayden has started 77 posts and replied 1981 times.
Post: Unknowingly renting to illegal immigrants ......
- Rental Property Investor
- Omaha, NE
- Posts 2,030
- Votes 3,310
Originally posted by @Courtney Shane:
Originally posted by @Sean Tippens:
@Courtney Shane ITINs ?
Yes, people who are immigrants illegal or legal will receive an ITIN which is like a Social security number but they do not qualify to get a social. Their credit can be checked with an ITIN and they use it to work and pay taxes.
That is incorrect. Legal immigrants do not receive an ITIN. Legal immigrants are able to work in the US legally and eligible to receive a social security card and benefits.
Post: Flipping houses in Omaha, NE
- Rental Property Investor
- Omaha, NE
- Posts 2,030
- Votes 3,310
Originally posted by @Mike Tinker:
I'd really like to get started with flipping houses in Omaha but not sure where to start. I'm trying to figure out where I can find good deals before they hit the MLS or in some cases never hit the MLS at all. Can anyone point me in the right direction? Wouldn't mind meeting some more people to discuss as well. Thanks!!
@Owen Dashner does a lot of flipping in the Omaha area. Hopefully he can point you in the right direction.
Post: Unknowingly renting to illegal immigrants ......
- Rental Property Investor
- Omaha, NE
- Posts 2,030
- Votes 3,310
Originally posted by @Sean Tippens:
Just wondering if there could be any issues with unknowingly renting to illegal immigrants. As a landlord, are we responsible for inquiring as to their citizenship? Could we get into trouble legally if we don’t?
Are we talking from a legal standpoint? There will likely be no repercussions for unknowingly (or knowingly) renting to illegal aliens.
Now lets discuss it from a business standpoint. Imagine a person wanted to rent your house. He tells you his name is John Smith. He has no credit history, no rental history, and no records criminal or otherwise anywhere you search. This person says he has no social security number, no drivers license, wants to pay rent all cash and insists you can trust him. Would you rent to that person? I sure as heck would not.
Post: Fourplex is a No-show until under contract. Is this normal?
- Rental Property Investor
- Omaha, NE
- Posts 2,030
- Votes 3,310
Sometimes they will let you view an unoccupied unit.
Post: Real Estate Investors, Omaha NE
- Rental Property Investor
- Omaha, NE
- Posts 2,030
- Votes 3,310
Originally posted by @Chris Russell:
Hi,
My name is Chris Russell and I live in the Nebraska area. New to Real Estate and Looking to to network with any investors in the area. Feel free to respond to the post.
Thanks,
Chris Russell
I'm a small landlord in the Omaha area as well.
Post: Newbie seeking thoughts
- Rental Property Investor
- Omaha, NE
- Posts 2,030
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@Travis Brizendine
That product does exist near Creighton University. Not necessarily UNO.
Post: Interviewing an experienced investor
- Rental Property Investor
- Omaha, NE
- Posts 2,030
- Votes 3,310
@Dru Kenny
That sounds like a great opportunity.
Just sit back and listen. He will likely tell you everything he has done. Listen to the Bigger Pockets podcast for questions to ask to dig deeper.
Post: Should an investor own his home or rent it
- Rental Property Investor
- Omaha, NE
- Posts 2,030
- Votes 3,310
Originally posted by @Marci Stein:
Like everything else , it depends on the numbers .
I live in a rent stabilizated apt in Manhattan . If I bought the any
apt here I’d be paying 5 times what I’m paying now , for mortgage and maintenance , so I rent.
It’s what I love about real estate -
do the numbers and you know how to proceed . Numbers never lie .
In your situation the numbers are not based on reality. How much is rent in a market rate unit compared to buying? How much of a discount from market rates are you given?
People doing what you are doing is exactly why I hate rent control.
Post: Mac or not to Mac !?
- Rental Property Investor
- Omaha, NE
- Posts 2,030
- Votes 3,310
@Josh C.
I am still using my Windows 7 laptop from 2010. I think many people need to justify wasting hundreds or even thousands of dollars more for a computer when they buy a Mac so they attempt to tear down windows or android based systems.
Post: Insurance Dilemma- being cancelled due to fire
- Rental Property Investor
- Omaha, NE
- Posts 2,030
- Votes 3,310
Originally posted by @Maxwell Fontaine:
@Anthony Gayden home owners is similar to car insurance. In the aspect that a higher risk of the company paying out the aggregate (coverage percentage or total), the more they need to be able to cover that with premium prices. And vice versa is true, the lower percentage of you having a claim or them paying the aggregate.
Example.
As a driver you have had 3 speeding tickets of 14+ mph. When your insurance company sees that, they THINK you are likely to cause an accident moreso than the person who hasn't gotten a single ticket in 6 years. As a result for the next handful of years you have a elevated premium until you go some time without a ticket or accident.
HOME OWNERS IS THE SAME THING, JUST BIGGER NUMBERS WHEN THEY PAY CLAIMS.
I hope that's as clear as mud now.
So if your house catches fire you are to blame? Insurance companies believe that if your house caught fire once, it is likely to catch fire again? That doesn't seem logical, but I guess it is statistically proven or they wouldn't do it.