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  1. M&T

    What NOT to do as a real estate investor

    Imoz, For your question on homeowner associations it's really just another party to deal with.I used to live in a townhouse community. Had a pool, greenskeepers,dumpsters.They had an association. The main thing I noticed was the people on the board. President, vice president, treasurer. They...
  2. M&T

    Trump, Think Big and Kick a$$

    Just read it.Good book...
  3. M&T

    So, you want to be a landlord

    REAL ESTATE 
    Wow! Edge your market is different there.Not only do we get very low rents for sec 8 they try to negotiate down to the lowest possible dollar. When you do have a sec 8 tenant they do not like rent increases yearly. You have to pull teeth to get increases. Also if you have repairs to be complete...
  4. M&T

    Future construction and quit claim question??

    REAL ESTATE 
    Before I take in a partner I would see if I could strike a deal with the current owner. Can you do a lease with an option to buy? What do you intend to do with the property? Can you do a long term lease like a 100 year ?Anything to get it under your belt for now. Then...you can always rework it...
  5. M&T

    So, you want to be a landlord

    REAL ESTATE 
    Edge- what city do you live in? Those are pretty good rents for inner city. MsMoney, I have not had a good se 8 tenant. The only one that was decent payed on time all the time.But... He was filthy! thats the BEST one I had. Sec 8 is not worth the time, sorry.
  6. M&T

    Gifts for Tenants

    REAL ESTATE 
    Peerless, I hope it continues for you like that. But; I doubt it will. When you get more properties and more people,they will start to take you for granted. Esp. in multi units. They all talk and they all see what you do and how NICE you are. Next thing you know you have a rash of " well we...
  7. M&T

    Ever feel like this?

    FUNNY 
    Big time waster for me also.
  8. M&T

    So, you want to be a landlord

    REAL ESTATE 
    I suddenly don't feel so bad. I thought I was the only one getting schmucks like this! M&T...:great:
  9. M&T

    Self Talk

    Thanks for sharing that Msmoney.+++rep Great idea...
  10. M&T

    Self Talk

    MsMoney, I have not seen that movie but I will look it up.Thank you! I also listen to the selftalk. Dr.Shad Helmstedder.I will give the one you suggested a listen also. No one is as positive as Yoda! Love the Star wars!!! We need to make a smiley face guy with a light-saber. HEHEHEHE
  11. M&T

    Self Talk

    What do most of you say to yourself? I had a mentor that is very wealthy drill into my head to get rid of anything negative. Down to the smallest thing.Even things like giving directions-"go down two blocks and turn at the red light". He said to me how do you know the light is red? Why do you...
  12. M&T

    Equity vs. Cash Flow

    REAL ESTATE 
    The best deals are the one's that they are not in on. When property owners want to sell they usually call the people next to them. Or if you are just an investor in the neighborhood. I have had this happen many times.It's just being ready when the offer comes... M&t...
  13. M&T

    Should I File Bankcuptcy ?

    HOT! 
    I just think this young man was confused about a few things. He is on the right track. It is always good to ask questions.
  14. M&T

    Rent increase calculator/formula needed

    REAL ESTATE 
    I have been increasing rent big time! I got a few emptied out .Painted and spruced up and asked $50.00 more per month and got it. I didn't feel they were low to begin with but I figured why not try and see what we get. I'm finding that rents are on the increase here in central Pa. As far as your...
  15. M&T

    Should I File Bankcuptcy ?

    HOT! 
    I rest my case. Here is a guy that truly wants to do the right thing and is trying to figure out a way to do it! Good for you. You are putting a plan in action and I commend you for it. Many famous people fell on rough times only to come back stronger than ever. People that go through tough...
  16. M&T

    Should I File Bankcuptcy ?

    HOT! 
    Russ, I see he was here a few years. So my comment stands. Do you disagree? M&T...............
  17. M&T

    Fastlane Fantasy Football

    OFF-TOPIC 
    Well, the draft didn't go as well as I would have liked for me. Not a bad team but not what I was wanting. Pay-pal is fine and if Yankees wants to hold it that's great. It will be fun playing against all of you... M&T...
  18. M&T

    Should I File Bankcuptcy ?

    HOT! 
    I do agree with most here. But.... I think when someone asks for help esp. if they are young or are from another country you need to help out with advice and wisdom. Not poke fun at and slander the person into submission!!! For instance: "G-Alexander you said to contribute more before you...
  19. M&T

    Property Maintenance Offer...

    Ok, lets just hypothetically say there is no reason to worry about that. Soooooo, what would you guys say is fair?
  20. M&T

    Property Maintenance Offer...

    Had a question for all of you.The barber I go to is leasing space in a building I almost bought.So I am there about every 3 weeks.Not far from my house.The person that bought it lives in California.He has a realtor show the apartments upstairs and take care of a few things for him. Since the...

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