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July 24, 2009 at 8:31 PM in reply to: Sign of the times: “Hey you want to buy this property?” #436419July 24, 2009 at 8:31 PM in reply to: Sign of the times: “Hey you want to buy this property?” #436625
4plexowner
Participant“why it would make sense as owner occupied, when it wouldn’t as a rental”
an owner will pay a premium for a nice place to live but most tenants are choosing a place based on affordability as the first priority with “niceness” being a lower priority
when I was buying my rental properties I only bought units that I would live in myself – in hindsight, there is probably more money to be made as a landlord by renting low end units that I wouldn’t live in on a dare
some people classify rental units into three categories: A, B and C – an A property is considered a trophy property – something you can brag to your friends about – a B property is considered bread and butter – decent property, decent location but nothing exceptional – a C property is the lowest rung on the ladder – some people would call it slum-lording at the C level
I bought B properties but think there might be more money to be made in C properties – I would never deal with C level tenants personally – if I were going to buy C level units I would have them managed by someone else
July 24, 2009 at 8:31 PM in reply to: Sign of the times: “Hey you want to buy this property?” #4369444plexowner
Participant“why it would make sense as owner occupied, when it wouldn’t as a rental”
an owner will pay a premium for a nice place to live but most tenants are choosing a place based on affordability as the first priority with “niceness” being a lower priority
when I was buying my rental properties I only bought units that I would live in myself – in hindsight, there is probably more money to be made as a landlord by renting low end units that I wouldn’t live in on a dare
some people classify rental units into three categories: A, B and C – an A property is considered a trophy property – something you can brag to your friends about – a B property is considered bread and butter – decent property, decent location but nothing exceptional – a C property is the lowest rung on the ladder – some people would call it slum-lording at the C level
I bought B properties but think there might be more money to be made in C properties – I would never deal with C level tenants personally – if I were going to buy C level units I would have them managed by someone else
July 24, 2009 at 8:31 PM in reply to: Sign of the times: “Hey you want to buy this property?” #4370164plexowner
Participant“why it would make sense as owner occupied, when it wouldn’t as a rental”
an owner will pay a premium for a nice place to live but most tenants are choosing a place based on affordability as the first priority with “niceness” being a lower priority
when I was buying my rental properties I only bought units that I would live in myself – in hindsight, there is probably more money to be made as a landlord by renting low end units that I wouldn’t live in on a dare
some people classify rental units into three categories: A, B and C – an A property is considered a trophy property – something you can brag to your friends about – a B property is considered bread and butter – decent property, decent location but nothing exceptional – a C property is the lowest rung on the ladder – some people would call it slum-lording at the C level
I bought B properties but think there might be more money to be made in C properties – I would never deal with C level tenants personally – if I were going to buy C level units I would have them managed by someone else
July 24, 2009 at 8:31 PM in reply to: Sign of the times: “Hey you want to buy this property?” #4371814plexowner
Participant“why it would make sense as owner occupied, when it wouldn’t as a rental”
an owner will pay a premium for a nice place to live but most tenants are choosing a place based on affordability as the first priority with “niceness” being a lower priority
when I was buying my rental properties I only bought units that I would live in myself – in hindsight, there is probably more money to be made as a landlord by renting low end units that I wouldn’t live in on a dare
some people classify rental units into three categories: A, B and C – an A property is considered a trophy property – something you can brag to your friends about – a B property is considered bread and butter – decent property, decent location but nothing exceptional – a C property is the lowest rung on the ladder – some people would call it slum-lording at the C level
I bought B properties but think there might be more money to be made in C properties – I would never deal with C level tenants personally – if I were going to buy C level units I would have them managed by someone else
4plexowner
Participant“we tend to spend a great deal of money on people that won’t get better or are gonna die soon anyway”
too true – there is no expectation that people will take personal responsibility for their own health in this country
need a 4-way bypass operation? going to continue smoking? oh well, that’s OK, we’ll keep taking care of you and even do another heart surgery if you need it
need treatment for your gout and diabetes? going to continue eating like a pig and not exercising? oh well, that’s OK, we’ll keep taking care of you until you die or we have amputated all your body parts
~
at some point we have to say to people receiving tax-payer provided health care, “look, it is your lifestyle causing these health issues – we are going to fix you up this time, but if you don’t change your ways there won’t be any follow up care or additional treatment”
one of the challenges with this approach to health care is that America has let compassion overcome common sense – we think that everyone deserves cutting-edge health care – even the 300 lb smoker whose only exercise is walking from the couch to the kitchen
4plexowner
Participant“we tend to spend a great deal of money on people that won’t get better or are gonna die soon anyway”
too true – there is no expectation that people will take personal responsibility for their own health in this country
need a 4-way bypass operation? going to continue smoking? oh well, that’s OK, we’ll keep taking care of you and even do another heart surgery if you need it
need treatment for your gout and diabetes? going to continue eating like a pig and not exercising? oh well, that’s OK, we’ll keep taking care of you until you die or we have amputated all your body parts
~
at some point we have to say to people receiving tax-payer provided health care, “look, it is your lifestyle causing these health issues – we are going to fix you up this time, but if you don’t change your ways there won’t be any follow up care or additional treatment”
one of the challenges with this approach to health care is that America has let compassion overcome common sense – we think that everyone deserves cutting-edge health care – even the 300 lb smoker whose only exercise is walking from the couch to the kitchen
4plexowner
Participant“we tend to spend a great deal of money on people that won’t get better or are gonna die soon anyway”
too true – there is no expectation that people will take personal responsibility for their own health in this country
need a 4-way bypass operation? going to continue smoking? oh well, that’s OK, we’ll keep taking care of you and even do another heart surgery if you need it
need treatment for your gout and diabetes? going to continue eating like a pig and not exercising? oh well, that’s OK, we’ll keep taking care of you until you die or we have amputated all your body parts
~
at some point we have to say to people receiving tax-payer provided health care, “look, it is your lifestyle causing these health issues – we are going to fix you up this time, but if you don’t change your ways there won’t be any follow up care or additional treatment”
one of the challenges with this approach to health care is that America has let compassion overcome common sense – we think that everyone deserves cutting-edge health care – even the 300 lb smoker whose only exercise is walking from the couch to the kitchen
4plexowner
Participant“we tend to spend a great deal of money on people that won’t get better or are gonna die soon anyway”
too true – there is no expectation that people will take personal responsibility for their own health in this country
need a 4-way bypass operation? going to continue smoking? oh well, that’s OK, we’ll keep taking care of you and even do another heart surgery if you need it
need treatment for your gout and diabetes? going to continue eating like a pig and not exercising? oh well, that’s OK, we’ll keep taking care of you until you die or we have amputated all your body parts
~
at some point we have to say to people receiving tax-payer provided health care, “look, it is your lifestyle causing these health issues – we are going to fix you up this time, but if you don’t change your ways there won’t be any follow up care or additional treatment”
one of the challenges with this approach to health care is that America has let compassion overcome common sense – we think that everyone deserves cutting-edge health care – even the 300 lb smoker whose only exercise is walking from the couch to the kitchen
4plexowner
Participant“we tend to spend a great deal of money on people that won’t get better or are gonna die soon anyway”
too true – there is no expectation that people will take personal responsibility for their own health in this country
need a 4-way bypass operation? going to continue smoking? oh well, that’s OK, we’ll keep taking care of you and even do another heart surgery if you need it
need treatment for your gout and diabetes? going to continue eating like a pig and not exercising? oh well, that’s OK, we’ll keep taking care of you until you die or we have amputated all your body parts
~
at some point we have to say to people receiving tax-payer provided health care, “look, it is your lifestyle causing these health issues – we are going to fix you up this time, but if you don’t change your ways there won’t be any follow up care or additional treatment”
one of the challenges with this approach to health care is that America has let compassion overcome common sense – we think that everyone deserves cutting-edge health care – even the 300 lb smoker whose only exercise is walking from the couch to the kitchen
4plexowner
Participant“You can’t hide net worth”
$1 mil in gold fits in a shoebox
4plexowner
Participant“You can’t hide net worth”
$1 mil in gold fits in a shoebox
4plexowner
Participant“You can’t hide net worth”
$1 mil in gold fits in a shoebox
4plexowner
Participant“You can’t hide net worth”
$1 mil in gold fits in a shoebox
4plexowner
Participant“You can’t hide net worth”
$1 mil in gold fits in a shoebox
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