All Forum Posts by: Matthew Gil

BTW, I know the notion of becoming a full time real estate investor is an enticing one, but I strongly suggest you meet with your real estate mentor(s) and accountant to determine if you can quit your JOB.

Far to often, an investor will go full time before he or she is really ready to do so financially.

When I come to my senses or sell some Chicago properties.

Same goes for Chicago. Can't own handguns in the entire city. Also, crime has been going up in that city for the past two years, while most cites have seen a decrease in crime.

BTW, this happens at the same time that Chicago has instituted more street corner surveillance and red light cameras than any other major city.

So, using liberal logic, more city surveillance cameras have caused more crime in Chicago.

Who cares about GDP if your state (example, California, Illinois, New York) is headed into a financial abyss. Besides, this biggerpockets.com, not moveon.org. Let’s see what states are best to either operate or start a small business:

http://blogs.wsj.com/independentstreet/2009/04/16/best-and-worst-states-for-small-business-taxation/ or just Google any best of list for starting a business.

Well, would you look at that! There sure are a lot of red states up there at the top of that list and a lot of liberal laboratories at the bottom of that list.

I consider myself an independent conservative who believes that the problem is not so much the Democrats and Republicans (a lot of them seem the same to me), rather politicians that push for a Statist or strong Federalist agenda.

Krugman also never mentioned that this “excess spending†help contribute to the collapse of the Cold War and at that time, the debt ratio as a percentage of GDP was still below most western European countries.

Typical liberal talking point…It’s the old white guy’s fault.

His comments about Lindahl crack me up. So, all of us landlords are suppose to be in the trenches, chatting it up with our tenants? Screw that!

I'll let my PMs manage the tenants, while I concentrate on building the business.

Like everyone has mentioned, it is an urban myth that there are laws which state earnest money is required for a real estate transaction.

However, there are some states that have laws on how the earnest money (if there is any) should be handled or held in escrow.

BTW, all bets are off when dealing with REOs. They have their own policy regarding earnest money. And, they tend to be of the attitude, “My way or the highway.â€