All Forum Posts by: Matthew Gil
Matthew Gil has started 14 posts and replied 321 times.
Post: Self Storage units as investments

- Real Estate Investor
- Posts 340
- Votes 34
Originally posted by Kel S:
That is not a con, it is a pro. In all, but a few states, storage unit facilitates don't fall under tenant eviction laws. It is a piece of cake to have people and personal items vacated from the storage unit.
Post: Self Storage Units

- Real Estate Investor
- Posts 340
- Votes 34
May want to join this topic that has already been started...
http://www.biggerpockets.com/forums/32/topics/25814-self-storage-units-as-investments?highlight=Storage
Post: Squatters - Would this consern you?

- Real Estate Investor
- Posts 340
- Votes 34
Are you f'ing kidding me? The Realtor and squatters should be arrested!
Try pulling that in a hard core red state. I can see a bunch investors, realtors, etc. doing a citizen's arrest Vic Mackey-style.
Post: Happy Thanksgiving!!!!!!!!!!

- Real Estate Investor
- Posts 340
- Votes 34
Two of our company's team members lost a father (died unexpectedly) and the other a grandfather in the past few days. A stark reminder that our time on this Earth is finite.
So, I very am grateful for my friends and family. Without them, I would not be the person I am today.
Post: Any Luck with Lenders Yet?

- Real Estate Investor
- Posts 340
- Votes 34
It's not you.
I speak from experience, because my BP and I have been approaching banks in the past two months. Banks are coming up with every excuse in the book not to lend. Go to 10 different banks, you'll get 10 different answers as to why they can't lend to you.
My best success has come from using lenders who we have a prior relationship with (assuming they have not capped themselves for the rest of the remaining year).
Post: Anonymous Landlording

- Real Estate Investor
- Posts 340
- Votes 34
Originally posted by nationwidepi:
Exactly!
It is far easier to manage 2 or 3 PMs then 50 or more households.
Post: What part of you do you feed with all the negative commentary?

- Real Estate Investor
- Posts 340
- Votes 34
Originally posted by MikeOH:
I;m not upset about the transexual prostitute talk, but please don't say that I live in NYC!
Mike
ROTF...Man, that was a good one.
Post: Where do you find properties

- Real Estate Investor
- Posts 340
- Votes 34
Having lived in Wisconsin for a few years, I know one thing you may want to think about.
Wisconsin has the 5th highest tax burden in the Union and property taxes ain't cheap. Right off the bat you will have forces that you can't control, nipping at your NOI. Funny stuff.
Post: Fed sharply lowers forecasts, hints of rate cut

- Real Estate Investor
- Posts 340
- Votes 34
A year from now rates will go up. With so much US government deficit spending that is going on, and the money supply being finite in any given static time period, our own government is going to be competing against it's citizens for potential lenders.
Post: Is the Auto Bailout Needed?

- Real Estate Investor
- Posts 340
- Votes 34
This is insulting. These guys just don't get it...
http://abcnews.go.com/Blotter/WallStreet/story?id=6285739&page=1