All Forum Posts by: Account Closed
Account Closed has started 7 posts and replied 200 times.
Post: DEAL-BREAKER!: Mortgage rate increase THREATENS BOOM!
- Rental Property Investor
- Arizona
- Posts 213
- Votes 50
Originally posted by Jon Holdman:
In 1982-83 OO rates on 30 year mortgages were 15%. Houses were selling like hotcakes.
Originally posted by Ned Carey:
My first property was at 12.5%, No it wasn't hard money, that was for an owner occupied conventional loan in the early 1980s
My first home in 1982 was a CalVet loan at 9% and we thought we got a great deal! Well, I guess we did because most other people we knew were paying double digits in interest. And like Jon said, houses were selling like hotcakes back then.
Post: Breaking News: We've Got a New BiggerPockets Moderator!
- Rental Property Investor
- Arizona
- Posts 213
- Votes 50
Congratulations Mehran Kamari!
Post: Discouraged Newbie - is real estate investment possible for me?
- Rental Property Investor
- Arizona
- Posts 213
- Votes 50
Emma S. I think it's great you are thinking about real estate investing and already have a good chunk of capital. Very good advice so far on investing outside of CA (I am also from there and I know how expensive it is!). There are so many avenues of real estate investing...don't be discouraged! You can learn so much from this site. Good luck to you!
Post: Another Milestone . . . 10,000 Forum Posts
- Rental Property Investor
- Arizona
- Posts 213
- Votes 50
Congratulations Will!
Post: New Moderators to BiggerPockets!
- Rental Property Investor
- Arizona
- Posts 213
- Votes 50
Congratulations to you both!!
Post: DID ANYONE NOTICE? 500,000 POSTS ON BP!!
- Rental Property Investor
- Arizona
- Posts 213
- Votes 50
Congratulations BP! So happy to be a part of this forum!
Post: Question on lottery type of tax lien sale
- Rental Property Investor
- Arizona
- Posts 213
- Votes 50
Thanks Jerry W., I would appreciate any further information you can give me as well as the site on where to read up on these (the Laramie Co. website didn't go into much detail and I might have to go to the courthouse and just talk to someone there - gotta love small towns!). I've heard most of these are usually paid by the owner within the year (a nationwide statistic, not necessarily Wyoming) which is more of what I hope for due to the 15% payout. But just in case I do end up acquiring a property I plan to do due diligence as the addresses are published in the local paper a few weeks beforehand from what I've heard.
Post: Question on lottery type of tax lien sale
- Rental Property Investor
- Arizona
- Posts 213
- Votes 50
Jerry K., yes it is a Wyoming auction, here in a town of about 100K people. I'm pretty excited to go see what it's all about. They only have it once annually, in August. I'll try and remember to post if I bid on anything.
Post: Company Name Help
- Rental Property Investor
- Arizona
- Posts 213
- Votes 50
I like it a lot and it fits you from what you told us about yourself. It sounds professional and would fit in well with your marketing of the midwest. And I agree with Dawn A., it is a memorable logo. I say go for it!
Post: New member in Colorado
- Rental Property Investor
- Arizona
- Posts 213
- Votes 50
Haha, yes we did! Was that the "blizzard" we were supposed to get this past weekend?