All Forum Posts by: Joe Villeneuve

Odd take to mention how busy you are...then how many posts you have. Seems you have had plenty of time to post

Calls down votes racist...then dodge's answering if they can be sexist or transphobic...

I'm speechless after that one

Just because he didn't answer fast enough for you, doesn't mean he's dodging the answer. Like he said, he's just busy.
Just because he's busy, doesn't mean he doesn't have time to post here. It just means he manages his time so that he posts when he can, at his choice.

What was his answer?

3 posts above yours, 4 days ago.

What's his answer say?

He answered it further up.

0 Votes

Quote from @Wayne Kerr:

Quote from @Joe Villeneuve:

Quote from @Wayne Kerr:

Quote from @Scott Mac:

Sorry if my timeline was not as expected.

I am a busy man, sometimes more than others, as we all are.

I come in here to help others when I can.

I make no money from this-and making money is my primary focus.

That and handling the responsibilities and time consuming tasks that go with it.

I also lead a very comfortable life full of friends and business acquaintances that take up a great deal of my time.

(and I would hardly consider 5,000 posts to be ghosting)

As to your question, I have no idea. I just don't know.

Maybe some others might know???

Good Luck!

This should be my slogan https://www.youtube.com/watch?v=xt-9dQ84LBg

What was his answer?

3 posts above yours, 4 days ago.

0 Votes

Quote from @Wayne Kerr:

Quote from @Scott Mac:

Sorry if my timeline was not as expected.

I am a busy man, sometimes more than others, as we all are.

I come in here to help others when I can.

I make no money from this-and making money is my primary focus.

That and handling the responsibilities and time consuming tasks that go with it.

I also lead a very comfortable life full of friends and business acquaintances that take up a great deal of my time.

(and I would hardly consider 5,000 posts to be ghosting)

As to your question, I have no idea. I just don't know.

Maybe some others might know???

Good Luck!

This should be my slogan https://www.youtube.com/watch?v=xt-9dQ84LBg

1 Vote

Quote from @Jen Anderson:

me too but it's getting out of hand- 5 to 6 calls a day. I will be in meetings and if my ringer was left on it's just constant. Surely there's a way to avoid it?

No. I assume your number and address is listed with rental listings, which is where your callers are getting them from. My suggestion would be to go back to your rental listings, and make a comment that the properties are not for sale.

0 Votes

Cleveland, Ohio

Quote from @Jonathan Greene:

Where is the rest of the discussion? What did you say in response to that? You need to know two things next:

1. What does he consider a substantial down payment and does he know that he has to pay capital gains on that down payment instead of just on the payments?

It sounds like there is a tenant in there. Where is the tenant going? What is the rent in terms of market value?

2. What is your plan for the tenant? Do you want it vacant or occupied?

Both questions were the first things I thought of too. I love seller financing. This is the perfect situation for this.
A third question would be, "is this his only property, and if not, are the other properties also paid off?". Ok, two more questions. If the answer to both added questions would be "yes", then you have a potential goldmine here.
Combining the seller's concerns, and the reality of a big down payment being a negative to the seller (see Q: 1), you should be able to set the terms, with a lower DP, and controlled interest rate, to have this property CF and,...be able to sell the package to another REI down the road,...as long as you buy this using an LLC (a new one).

1 Vote

Quote from @Greg M.:

No. Security Deposits are for damage to the unit, not rent. If you want to be nice, don't charge a late fee for the rent as she pays it late over the coming weeks. She will never replenish the deposit if you allow her to use it.

FYI, I'd have a lawyer on tap ready to process the eviction. It's likely coming.

That just about covers it.

0 Votes

San Diego, California

Quote from @Wayne Kerr:

Quote from @Scott Mac:

[1] A down vote button seems like it will lead to Cliques forming in the background, with people getting together to downvote certain individuals based on like or dislike of the individual. Vigilante style.

[2] This is an open dialog site. If you disagree with something or do not like it instead of using a downvote button to hammer someones numbers (Which some people cherish) You can simply state your thoughts in the open forum without affecting their numbers. No one is preventing you from doing that.

[3] It seems like an open door to racism. We all know that this business can be done successfully by anyone, and is. Forming little groups in the background to down vote certain individuals comments based on skin color, or religion, or perceived political leanings seems like something we could all do without on this forum. Over the years I've seen this happen in other groups, not just with numbers but with responses also. We seem to be free of that here. To the benefit of all of us. And just avoiding it for this issue alone seems like a good reason not to do it.

In a nutshell I think a down vote button would not serve to further communication between us which is the goal of the site. Helping each other.

So I think a download button let's throw a monkey wrench into the good that this site does for people.

Just my 2 cents.

Just wondering...would a downvote button also be sexist? Homophobic? Transphobic? All of the above, or just some of the above?

That might depend on your political affiliation. LOL

1 Vote

Quote from @Bruce Woodruff:

Downvotes can be used as a weapon more than upvotes....you get a little feud going (we've had a few) and someone with very few votes at all could get destroyed.

Correct.

3 Votes

Quote from @Chris Seveney:

@Jeremy H.

I was a fan of this in the past but there was a lengthy post talking about out this and gave some good reasons why they do not have it . In same token I am one who calls out bad advice if it’s my opinion and recommend you do the same.

Why do we need a down button? Like you say, just post the reasons why you don't like, or don't agree with a post, and it serves a much better purpose other than just a down button with no stating any reasons why. Just because someone votes something down, doesn't mean they are right in doing so. It just means they don't agree, and with no reasons why, the down button is more of a disservice than if there wasn't one to begin with. What if the reasons why someone voted down don't apply, or don't matter to the person seeing it on a post?

9 Votes

Your mistakes, and the reason why you don't understand why there is a conflict, is because you don't understand the meaning behind these analysis tools. Let me explain:

50% rule = tells you nothing of value, means NOTHING,

1% rule = tells you nothing of value, means nothing

$100+ cash flow/month = means you are making $100/month in CF per month.

Why do you want to invest in RE? Why do you invest in anything? What do you want as an end result? The answer is MONEY. Actual money, measured in dollars.

2 Votes

All Forum Posts by: Joe Villeneuve

Joe Villeneuve has started 0 posts and replied 12914 times.

Post: How much longer until we get a downvote button?

Post: How much longer until we get a downvote button?

Post: How much longer until we get a downvote button?

Post: How do I stop the off market buyer calls

Post: Creative financing structure/tailoring

Post: Applying Deposit Towards Rent

Post: How much longer until we get a downvote button?

Post: How much longer until we get a downvote button?

Post: How much longer until we get a downvote button?

Post: Cash flow vs 50% rule

Joe Villeneuve has started 0 posts and replied 12914 times.

Biggerpockets Logo Post: How much longer until we get a downvote button?

Biggerpockets Logo Post: How much longer until we get a downvote button?

Biggerpockets Logo Post: How much longer until we get a downvote button?

Biggerpockets Logo Post: How do I stop the off market buyer calls

Biggerpockets Logo Post: Creative financing structure/tailoring

Biggerpockets Logo Post: Applying Deposit Towards Rent

Biggerpockets Logo Post: How much longer until we get a downvote button?

Biggerpockets Logo Post: How much longer until we get a downvote button?

Biggerpockets Logo Post: How much longer until we get a downvote button?

Biggerpockets Logo Post: Cash flow vs 50% rule

Post: How much longer until we get a downvote button?

Post: How much longer until we get a downvote button?

Post: How much longer until we get a downvote button?

Post: How do I stop the off market buyer calls

Post: Creative financing structure/tailoring

Post: Applying Deposit Towards Rent

Post: How much longer until we get a downvote button?

Post: How much longer until we get a downvote button?

Post: How much longer until we get a downvote button?

Post: Cash flow vs 50% rule