All Forum Posts by: Ryan R.
Ryan R. has started 15 posts and replied 462 times.
Post: Confused about the future

- Real Estate Investor
- Central, TX
- Posts 479
- Votes 165
This is really simple Mike.
Move there, put up a hammock and relax a little bit.
Then take your income and use that to invest in other real estate.
I'm investing so that one day I can have a paid for place just like this one that I can pass on to my kids.
Post: Foundation Stress Cracks in Drywall Walls/Ceilings

- Real Estate Investor
- Central, TX
- Posts 479
- Votes 165
The problem is that the structural integrity of the sheetrock has been compromised.
Can you patch it? Yes
Will it look good? It can with an experienced drywall worker.
Will it last? Probably not. With time, the wall will either continue to settle, or expand and contract with the seasons and the crack will reappear.
If you want a lasting repair, your best bet is to cut out a section of the drywall and put in a new piece that spans a few studs on each side of the crack.
Cost: patch job should be $30 to $50, or more depending on your negotiating.
Cutting out a large section and putting in a new piece would probably be $150-$250.
The wall texture will also determine how good the finished product blends and how long it will take.
Post: What makes a contractor stand out?

- Real Estate Investor
- Central, TX
- Posts 479
- Votes 165
I like to see previous work; even just pictures are great.
Be straightforward.
Show up on-time, etc.
Investors hate having to baby sit contractors and constantly look over their shoulder and have them back out to correct mistakes. If he does quality work and hes dependable, he'll get lots of business.
Originally posted by Jon Holdman:
Yes, you're living in rainbow land.
This is great Jon!
Also, an interesting article about household income comparison in real dollars.
Post: New Logo Opinions

- Real Estate Investor
- Central, TX
- Posts 479
- Votes 165
If anyone reads "Serenity real estate solutions" and calls you for a massage, they don't need a rubdown, they need their head examined..
Post: New Logo Opinions

- Real Estate Investor
- Central, TX
- Posts 479
- Votes 165
Go for something simple. The most recognized logos in the world are always simple. They often have nothing to do with the product. Apple's tells you nothing about their company. Starbucks logo is a lady, not a cup of coffee. Make it bold, unique but simple.
A house or roof line in the logo doesn't necessarily imply real estate. Maybe you are a roofing company? Maybe you are an insurance agent?
Post: New Logo Opinions

- Real Estate Investor
- Central, TX
- Posts 479
- Votes 165
Actually #8 looks more like a mountain peak than a roof peak.
Number #1 reminds me of the Sheraton logo which you do not want people to do.
Post: New Logo Opinions

- Real Estate Investor
- Central, TX
- Posts 479
- Votes 165
#7. It's simple and unique.
Post: Buying Vacant House = Can't Quality for Property Insurance?

- Real Estate Investor
- Central, TX
- Posts 479
- Votes 165
@Bill Mitchell call a local insurance agent, preferably an independent agent, and ask him about a fire policy for this type of situation. I just got one for a rehab project on a vacant house that has been sitting for around 4 years. 1 year policy was about $600.
A field auditor came by and took photos while I was working there one day. Haven't heard anything since so I'm assuming they have no qualms about the policy they issued.
Post: How to purchase a property with actual, physical, CASH

- Real Estate Investor
- Central, TX
- Posts 479
- Votes 165
Originally posted by Michaela Graham:
Keep in mind the logistics: Do you have a safe at home? Where will you keep the money? Do you have a big dog?
I don't remember if you wrote the price in the first post, but she might have a grandson and mention the cash deal in passing and he'll figure out your address or the attorney's office might have ears. Maybe I sound paranoid. But having a lot of cash at home and people knowing about it could be asking for trouble.
Maybe rent a safe deposit box at your bank and always transfer the cash into that, so that your only exposure is that day off, when you go from the bank to the closing?
@Will Russell as @Michaela G. points out, seriously consider the handling of the cash if this deal goes through as a hard cash transaction.
I bought a truck when I was 18 that that an old lady had attempted to purchase a week earlier. She was buying the truck for her grandson and went to the bank and pulled out cash-money to pay for it. Somebody caught wind of it and she was robbed and murdered before she could make it to the car dealer...