All Forum Posts by: Ryan R.

Corey Dutton, forgive my naivety, but are you inferring that shopping around for the best rate/terms is bad?..

Jerome Adams, we obviously disagree on this particular subject. I'm sure there are many other topics that we would both find common ground on, and in the future, through this community those may manifest.

However, I wish you the best of luck in this pursuit. Good Luck.

Colin L., no one is debating whether building with optimal energy efficiency is a good practice. As I stated, I'm all for improvements in technology/increased efficiency.

The OP stated that he was passionate about renewable energy; this is what I was commenting on.

A buddy of mine is a mechanical engineer. He built an icf house with geo-thermal energy, spray foam, high-end windows, etc. Bottom line, when he sold it, he didn't monetarily benefit from these improvements. He could have used traditional materials and sold the home for about the same price.

Bottom line, as others have stated, you have to be able to recoup the additional costs from green energy technology since it is usually more expensive. If Jerome Adams can figure out a way to do that, he'll be way ahead of the game.

Jerome Adams, I think you've been fed some hot air regarding oil & gas industry subsidies. Regardless, our government has blown billions of dollars in wasted green energy scams.

You go on to prove my point when you talk about return on investment depends on "tax credits, incentives and rebates", this means "government handout".

The green movement is dwindling. Lets not mix advances in technology with al gore's climate change/green crowd. No one is opposed to more efficient technology, or even abandoning oil when a viable alternative is available. But that doesn't exist right now.

I'm tired of the Green crowd telling me that the Earth is 100,000,000 million years old and that it has gone through cooling and warming periods thousands of times, but then telling me that a supposed .1 increase in temperature over the last 20 years is my fault because I have an SUV. I call BS.

As a side note, in my corporate job, I have customers whose budgets are in excess of $100,000,000. annually. They laugh at these green companies trying to win their business with a more expensive product that's labeled "Green". It doesn't matter what the technology is, it's gotta make dollars and sense.

Jerome Adams, most of the green energy industry has been propped up by government handouts, not by private investors or consumers. When the government stops taking our tax dollars and giving it to green energy, I think you will see this whole green movement dwindle.

When you ask about green investing, are you talking about equipping properties with green technology? Or are you talking about investing in green energy in general?

As you know, most green energy technology takes years to see a return on investment.

I think you will find that most investors are more than happy to install technology that improves efficiency or reduces costs. Some people call this being green, I just call it being smart. But they won't invest in most of this green industry stuff that costs two to three times traditional technology, just so they can say they are "green".

just type the @ sign and then directly after it, no space, type that persons name. A list will populate at the bottom, click that persons name.

Robin Grimes, first off, your website is great. It gets the point across quickly and concisely; there's no BS to it. One of the best I've seen.

Concerning these amateurs and tenants inquiring to the number of properties you own, I think you should take it as a compliment. They are probably just admiring your success and are just trying to carry-on a conversation with you.

Personally, I would appreciate a response such as, "well I don't share that type of information but I have been doing this for a while. Do you know of any other properties that I might be interested in?".. I would respect your right to keep that info private, whereas totally ignoring my question would offend just about anyone.

Steve Westerfield, I think you're on to something.

This property has been well taken care of. Just about every time a prospective tenant tours the house, they always comment that its so clean and doesn't feel like a rental. A sprinkler system with some additional landscaping will definitely continue this perception.

I appreciate your insight; I'm feeling better about this investment.

I see this as possibly buying someone else's nightmare. The most important question is, how much will it cost to fix this mold issue once and for all and what will that entail?

You mention that it's a close knit town. Can you find out why it was foreclosed? Is the mold so bad that no tenants will live there? Did any of the previous owners try to fix this issue? How much in repairs will need to be made after the issue is fixed? Has the HVAC unit been affected by this mold?

Definitely have some professional remediation folks take a look at this before you do anything.

Rick Bradd, the $2,000 estimate is for a professional to do it. I don't have time even if I wanted to do it.

I think you're right about some tenants almost require it. Certainly not on lower end rentals, but mid to upper. It could capture prospective tenants that are on the fence about a home vs. an apartment based on yard work.

Much of my prospective tenant market are doctors/nurses; most of them don't really enjoy yard work. They like everything taken care of; even if it means a little more money.