All Forum Posts by: Account Closed

Definitely. Thanks for starting Will, and everyone for the input.

Heck yeah!
Too bad we're all a bunch of conspiracy theorists.

Love the Fred Thompson clip.

* To purchase at least seven rental properties that meet the fifty percent rule. At least five must cash flow well, and two can be break even speculation plays in great neighborhoods for future appreciation

* To generate 1000.00 per month cash flow from said properties after operating expenses.

* To move my HELOC into investments fast before it is closed. In this market I have a feeling it will be gone soon. Surprised it's still here. Looking to do this by Mar.

I almost bought her course in mid 2008 after her talk. I decided not to. I feel no regrets. I've learned a lot here on this site. I know from her speaking engagements she proposes investors use a 35% operating expense rule instead of a 50% rule as a high level gauge for deals. I was happy she had a factor for OE.

After a few calls it started to feel like too much guru/sales stuff. So I stopped calling and canceled her emails.

She started airchair investing when it was hard to do bad at it. I am not sure how much she invests now. But she does a lot of guru bus tours :)

I usually feel cautious of anyone that started in investing around 2000, stopped in 2007, and is now teaching people the secrets of REI, and doing bus tours. I want to learn from someone who has experienced more than just the boom end of a cycle: Someone who is probably too busy investing to be running a seminar business.

That said, It may be a really good course. I was impressed with her talk.

Thanks for posting Taz!

Happy New Year!

That is something I will look into as well. Thanks Rich.
I wonder if the cement damage is too bad for tile. I am in earthquake land. Not only does the floor dip/bow towards the center of one room,, but it has some cracks, too. One crack is so bad that one side of the floor is a little higher, maybe a quarter inch, than the other side where it meets the wall.

I am guessing any hard flooring in my case means having a new cement layer.

I almost have the smell out. But it's cold in California right now. Only summer/hot weather will convey the truth.

Thanks Tim, today is one of those days where a good laugh is exactly what I need.

I did think about that when I originally was going for hardwood or pergo stuff a few years ago, and learned the cement was too damaged. I never got around to finding out how much that would cost. I was a little hesitant because the rooms echoed loudly with the carpet up/cement exposed. Not sure if that is common. I am on the second level, too. So the people below may complain. And the HOA does try and enforce an approval process for upper level hard floor jobs.

Maybe I will re investigate that, too. Thanks Diane

This is a great idea. I thought of a similar idea on the fly at home depot. They rig it so if you don't go with a new pad they bump up the installation charges and do not guarantee the installation. It ends up costing more! But maybe if I use Lowes...

I was even thinking patch/insert job on the damaged area. But the type of berber (ultra tight loop super high quality) would show the seams plain as day. I was kicking around the idea of showing a rental with an obvious insert/patch job. It is located in a highly visible area.