All Forum Posts by: Ryan Logsdon

Tom Goans I don't believe a single number I read when I look through a deal these days.

My dad and I were looking into a deal that was pitched to us on a self-storage business. The numbers looked great until my dad came into town and found new competitors opening up shop, and tons of deferred maintenance on the buildings.

If the numbers are good, one of my rules of thumb is to ask myself... "is the broker probably in a position to buy this himself? ...then why are they passing it up?"

Another question I like, "if this was mine, would I sell it and give up that cash flow?"

Debt's an important tool. It's fun to think that because I've taken on a liability - controlling someone else's assets, I'll be able to magnify my actions. And that's all it is, a tool of leverage. Debt, in itself, is incapable of increasing your risk, just as it's unable to lower that same risk.

The scary thing to me would be not having goals, plans of action, contingencies in place, and not having a network of trusted friends to gain knowledge from and share experience with.

And spiders. Those are scary.

Corporate veils are not pierced unless there is fraud, concealment, commingling of company & personal funds, etc.

I stick with Consumer Reports. Every company has to reformulate their paints when new safety laws are passed, so the tried-and-true standards of paint aren't guaranteed to remain the best when you need your next gallon.

Hi Rachel Leonard

Here's the defacto source of SEO information, http://support.google.com/webmasters/bin/answer.py?hl=en&answer=35291

If you skim through it, you'll quickly see that every point Tom Goans has listed out is spot on.

If you take the time to read it all (don't worry about understand all the technical pieces on your 1st pass), you'll see that you've been contacted by spammers

From Google:

You should call up GoDaddy and ask them to walk you through their features; see if it'll help you reach your goal. They're very patient and professional. I use them as well.

Here's Google's best-practice guideline, http://support.google.com/webmasters/bin/answer.py?hl=en&answer=35769&topic=2370419&ctx=topic

I agree. I'd remove #5 all together. It's overbearing at best; at worst, it could give the false impression that you agree to subsume the safety and security of the tenant's possessions during the away time.

Thanks Stephanie Dupuis!

Good luck, Ruben Valladolid Jr.

I'm also a fan of meetup.com. Don't get discouraged if & when you come across get-rich-quick individuals. There are a lot of great people who visit the Meetup clubs.

Since this is, inevitably, to protect you as much as it is to protect your tenant, why don't you add a little peace of mind to their lives. Give them a brochure and a direct phone number to a few renters' insurance agents.

Hi Stephanie Dupuis

Is this the SCORE program you mentioned? score.gov isn't up.

http://www.sba.gov/content/score

Marie Johnson this is almost exclusively the case. In the last 3 years, I've never seen a note selling close to the appraisal price.