All Forum Posts by: Steve O.

@Wesley W pick your battles, I’d be a lot worried if they were drinking in the hallways.

@Jade Pickenheim I Ammon the same process. They have gas fire logs that don’t have to be vented. It is around 500-600. The cheaper way out

@Nathan G. Usually these illegal aliens are here to work hard, earn a living, send money back to their country. Rarely do they give problems like others. I’m sure they pay you in cash which is helpful for obvious reasons.

I have tenants that paid rent late every month. I charged them a late fee. they were on a month to month lease, so I decided to raise the rent and made them pay every 2 weeks. It is a lot easier on them. And they end up paying $1600 more a year. I work with them within reason, i did years ago have to take them to court, however we worked it out for them to stay and I got my money. It’s a lot cheaper to keep them, work it out financially then to evict, fix up, find new tenants, etc. obviously, all within reason.

I recently been going on Hubzu to find deals.  Has anyone used it?  If so, please let me know what do’s & dont’s you have using this site.  Any useful information regarding this site...

Things been crazy last few months in Newburg !!

A friend of ours found the video........

You read all the time, these dogs have potential and kill more often then any other dogs.  So have children and get a pit bull!!

I can’t believe this is even a thread!!!   Let one lick- jaw on you!

I’m in a similar situation. I have a property that can sell for $350k. Purchased for $165k, put in $75k for repairs (all in $250k) about 5 years ago. Here’s more of the numbers:

**Expenses **

NO MORTGAGE

Taxes- $4600

Hoi- $1000

Flood insurance- $750

$445/month

**Rent per year**

24,000 ($2000/month)

In addition, my cpa advised that I can do a 1031 exchange. My question is would you sell it and do a 1031 exchange, or rent it? There’s no mortgage!! What would you do?!