Forum Replies Created
-
AuthorPosts
-
Diego Mamani
Participant[quote=paramount]During the advertising/vacancy period, they never once said let’s adjust pricing, or any suggestions for that matter[/quote]
I think it’s up to the owner (landlord) to set the price/rent. Can’t fault the PM company for a poor pricing decision, unless they offered to set a price as part of their services. But even in that case, if the owner doesn’t know what the market rates are, he shouldn’t be in this business.
March 14, 2012 at 10:53 AM in reply to: How to Get Home Inspector to Make Buyer’s Best Interests A Top Priority #739946ParticipantThe best answer for the OP is: hire your own inspector. RE agents (yours and the other side’s) have an interest in closing the transaction, so any inspector they recommend is unlikely to be a “deal killer.” The best you can do is to choose your own inspector.
I agree with other posters regarding liability; no inspector will agree what your propose.
ParticipantApologies for the commercial, but I strongly recommend this book for would-be landlords:
The author speaks strictly from experience and provides realistic numeric examples when appropriate, and no, I don’t know him personally; I bought his book and have been happy with it.
Going back to the topic at hand, the author recommends being friendly with your tenant, but only up to a point. He says that it’s not good for tenants to know too much about your personal life, which is information they can use to their advantage if they ever decide to sue you for any reason.
Living close by to your rental sounds great, but right next door might not always be optimal.
ParticipantFLU, any news?
ParticipantOne easy way to grasp the meaning of billions and trillions is to compute the number of seconds elapsed in X number of years.
A million seconds are about 16700 minutes, or 278 hours, or 11.6 days (all numbers rounded up)
A billion seconds is only 31.7 years
A trillion seconds are 31,688 years. I guess this means that humans have been around for ~7 trillion seconds (assuming the first humans showed up 200 thousand years ago based on the mitochondrial Eve concept).
Since the time of Jesus Christ (assuming it’s a historical figure) a mere 63.5 billion seconds have elapsed!
This shows that a trillion dollars is way too much money and that high inflation in the near future is inevitable. Of course, how high is “high,” is open to speculation.
P.S. It’s 2:00 am, so some of my math may be off. Caveat lector!!
November 16, 2011 at 12:03 PM in reply to: Is eating all we can do now when meeting friends? #733058Participant[quote=briansd1]I long for the conservative olden days when people didn’t go out of the house unless properly dressed[/quote]
Images of “People of WalMart” came to mind after reading your post. Ugh! Yes, I miss the olden days. When I was 8 or 9 (back in the early/mid 70s) I was supposed to go to downtown with my dad. Right before we left the house, he said “You’re wearing those old jeans? You can’t go to downtown like that!”
Yes, it was the 70s, but dad was brought up in an earlier, more conservative time.
ParticipantWe just talked about them in a recent thread. I financed a purchase in the Spring, then refinanced in the Fall. Great people to work with.
Participant[quote=Bill Stein]Bill Stein
History
Member for
45 min 3 sec[/quote]Must be Ben’s brother…
ParticipantDrink plenty of water right before such events. Then make every effort to reduce portions, don’t go for seconds, and avoid anything made with sugar or sugar-like ingredients.
Participant[quote]Any other feedback from piggs?[/quote]
I financed, and 5 months later refinanced with these guys:http://www.thejaffeteam.com/home.html
Bright, knowledgeable people, and far nimbler than the large banks.
ParticipantSDT, I think you need to clarify the differences between EB-5 visa, permanent resident (“green card”) status, and US citizenship.
I know the green card may lead to citizenship, if a certain number years elapse, and if the person is interested in applying for it. But I’m not clear whether the EB-5 visa can lead to permanent residence.
Your post implies that the EB-5 visa and US citizenship are the same thing.
Participant[quote=AN]I understand what net worth and median mean. But, I’m still surprised that many people are spending more than they make.[/quote] I see your point, AN. People should save more, but so many are buried by credit card debt and student loans… and this is by choice, I might add. If people didn’t throw their money away on silly gadgets and consumer items, they’d have a far better financial situation.
The latest TIME magazine issue has a sob story about how we’ve become a less socially mobile society. As an example, they give the case of a 24-year old schoolteacher who earns $24K a year, but has over $35K in student loans, and is therefore “forced” to live with her parents to make ends meet.
Teaching is a noble profession, but it shouldn’t be done at the expense of your financial wellbeing. In this particular case, incurring debt to pursue a teacher’s degree was a lousy investment. Had she been smarter about it, she would have gone to state college in her hometown, stayed with her parents (to save on room and board), and pursued a degree in business.
She could have zero debt, income in the $50K+ range (or substantially more), and savings. But she chose not to.
Participant[quote=AN]What surprises me even more is the $3662 median net worth. I have more money than that saved working during the summer in HS.[/quote] Not surprising at all. Some people have huge debts, and therefore have negative net worth. The $3.6K is only the midpoint: 50% of the people in that age group have higher net worth, and 50% have lower.
Participant[quote=sdrealtor]Is it just CA? My parents bought their house in NJ in 1963 and about 30 years later sold it for 10 times what they paid.[/quote] Of course, comparing 1963 dollars to 1993 dollars is like comparing pesos to dollars. I just checked the CPI values for 1963 and 1993 (30 years), and general prices quintupled over that period. In other words, your parents’ house appreciated at twice the rate of inflation. That is, it doubled its value in real terms.
-
AuthorPosts
