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All Forum Posts by: Linda D.

Linda D. has started 6 posts and replied 138 times.

Post: I just built a 36 unit apartment complex.

Linda D.Posted
  • Bronx, NY
  • Posts 148
  • Votes 34

@George Yu Could you explain what you mean by NY is tenant favored?

Post: First 5 actions you took to be a real estate investor?

Linda D.Posted
  • Bronx, NY
  • Posts 148
  • Votes 34

@Brian Ellis @David Espinosa

Trying to do #2 - harder than one would think. I need getting laid off due to M&A!

Post: First 5 actions you took to be a real estate investor?

Linda D.Posted
  • Bronx, NY
  • Posts 148
  • Votes 34

@Jim K. Good sense of humor!

Post: Dropped Out of College

Linda D.Posted
  • Bronx, NY
  • Posts 148
  • Votes 34

Kudos to you for your early interest in real estate and the willingness to get out there and do something. Just don’t take a short cut you will regret later. College is harder to do once you have responsibilities.

Post: Dropped Out of College

Linda D.Posted
  • Bronx, NY
  • Posts 148
  • Votes 34

Completing college shows intellect curiosity and drive. While there you will learn how to learn, how to come to grips with failure and turn it around, how to lead - and how to follow- others. You will became an adult in an environment where people actually care how you turn out.

Why not work in real estate and go to school at the same time it go somewhere where you can learn the skills you may need like real estate finance, real estate law, what have you? Your investors are likely to be white collar people. Better to be their social equals. No doctor is going to invest with a college dropout under normal circumstances. As a college dropout the only place you will be meeting a doctor is as his patient.

Most billionaires have degrees and social skills, Mark Zuckerberg excepted.

Post: Disabled tenants in the hood

Linda D.Posted
  • Bronx, NY
  • Posts 148
  • Votes 34
Originally posted by @Nicholas L.:

Hi @Linda D. yes, Matthew Desmond was interviewed on "Fresh Air" I think early last year.

Thanks! Gotta put that on my reading list.

Post: Disabled tenants in the hood

Linda D.Posted
  • Bronx, NY
  • Posts 148
  • Votes 34

@Dennis M. I live north of NYC these days and let me share with you that there is a populous group of European descended people who avoid taxes on religious grounds by declaring everything a religious institution, study religion while on welfare rather than working and having as many as 12 children per family. And yet can somehow afford to send their children to private religious schools. Many live in Section 8 housing. In one town they took over the school board and defunded it since their kids go to private school and they don’t want to pay the school tax. So much fraud has occurred the FBI was staked out here 3-4 years. So, while I can not speak to what goes on in the so-called “hood” I can say we have some bad apples up here in the ‘burbs.

Post: Disabled tenants in the hood

Linda D.Posted
  • Bronx, NY
  • Posts 148
  • Votes 34

@JD Martin Have to say I am with you on this.

Post: Disabled tenants in the hood

Linda D.Posted
  • Bronx, NY
  • Posts 148
  • Votes 34

@Nicholas Leach Thanks for bringing this up. Was this covered on NPR? Think I heard him interviewed but it might have been a woman discussing the same topic.

Post: Disabled tenants in the hood

Linda D.Posted
  • Bronx, NY
  • Posts 148
  • Votes 34

@Dennis M. Not for nothing but on Long Island something like 60 percent of the Long Island Railroad workers retired on disability (that is or was being investigated) and in NYC cops seem to do more way more overtime than necessary. And I’ve seen sanitation workers driving trucks around on Sunday. One winter, the folks who were supposed to be filling potholes would drive the asphalt to a remote location and dump it instead of filling the holes until the city got wise to that. So it’s not just “ the hood”. Separately there are environmental issues like lead and other things that can lead to disability in some neighborhoods. I heard a really interesting radio piece about that a while back but unfortunately can’t remember the details...