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All Forum Posts by: Account Closed

Account Closed has started 5 posts and replied 571 times.

Post: 7.5mm Refi Loan in NV with VERY strong borrower but...

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

I know this is a serious question but there are an unlimited supply of jokes here for a comedy skit.

Post: Pull Permit or Go without Permit - What's your take?

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

Here is the thing. It is a privilege to live in a jurisdiction. You owe homage to these elected officials that make these rules. Just because you have people voting to make laws that they know absolutely nothing about, doesn't give you the right to question their wisdom and power. There are untold numbers of people sitting behind desks pushing pencils and shuffling papers that rely upon your money to pay their bills. Pay them! Once you accept that you don't actually own property, even though you pay the mortgage, insurance, taxes and insurance, you will be much happier. If you do as you are told you will get a piece of bread.

Post: Paying taxes on Flips is it worth it as a business?

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

Is a job worth it if you have to pay taxes?

Post: Large Tree Behind Home

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

If the tree falls on your garage call your insurance company. That is what you pay them for.

Post: Big hole in roof for years. Lost cause?

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

I think the first question you need answered is exactly why these houses were abandoned. Is there a major foundation issue or environmental concern? Have they been condemned and if so, when and why.

Post: Water and sewer pipes

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

Just make your offer based upon replacing all of the galvanized pipe. 

Post: How to get a loan with only 1099 income?

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

This brings up a good point in that we often dont realize that banks are merely government institutions. 

Post: What is the most important 20% of Real Estate Investing?

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

The 20% profit that you make.

Post: Flipping for a hobby or passtime

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

I hope you are also including a divorce lawyer in your budget.

Post: How to keep the supply line full

Account ClosedPosted
  • Johnson City, TN
  • Posts 586
  • Votes 705

Build new.