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Search results

  1. GetRichODT

    Re-Launching a blog???

    SIDE HUSTLE 
    Like all of us, I have a ton of irons in the fire. Back about 3-4 years ago I decided i was going to create a blog with my own flavor of helping people achieve financial independence and their dreams with a slant on how to have a successful corporate career and eventually get out of the rat...
  2. GetRichODT

    Service to help people save money?

    I have a blog that I am working to re-launch. In my daily life, I've always been passionate about Financial Independence and talking to whoever will listen (and even to some that won't listen....I'm getting better at that i promise :)) One thing I've had a skill at is teasing out where people...
  3. GetRichODT

    What penalties do you enforce when tenant breaks lease early?

    I have a 60 day notice on my leases. I have a tenant that on March 20th, 2018 informed me they would be breaking their lease early. The lease was signed through 8/25/2018 They will be moving out June 17th. Monthly rent is $1,400 and security deposit is $1,400. Given this scenario, I have 3...
  4. GetRichODT

    What does it take to create a succesful blog generating $3,000 / month?

    SIDE HUSTLE 
    Are there any gold threads (or other threads) here that talk about the step by step? I continue to work to grow my blog and have gone from $0 to $1 but am looking to go parabolic. I feel a bit like someone fumbling around in the dark with my eyes closed. Besides creating great content, WHICH...
  5. GetRichODT

    How to loan someone money?

    I've accumulated extra funds and am looking at loaning some money out. A couple of questions for the group that I'm currently researching: 1) How do you compound the interest (daily, monthly)? 2) When they make the payment, how do you adjust the principal paid vs interest and set up the new...
  6. GetRichODT

    What kind of money can be made with credit card signup affiliates?

    MARKETING 
    I have a blog and am thinking about adding some of my favorite credit card churning links as an affiliate. Trying to get some details here on what a signup can pay me?
  7. GetRichODT

    Would you buy a gift card for a casino?

    strangely enough, I've never seen one but can't find anything that legally prevents it I have a way to build a closed loop system where the money is only good for the casino it was bought for. Thoughts?
  8. GetRichODT

    Thoughts on my RE portfolio

    I own several properties and am trying to determine my plan for the next 5 years. I owe about $800,000 in mortgages. I net about $2100/month total on the portfolio after all expenses. I'm still working and can put away about $10,000 per month in after tax. I have after tax assets of...
  9. GetRichODT

    Thoughts on this rental I own

    bought for $337,000 in Dalls / Ft worth area Rents for $2795 / month 30 year note at 4.125% 25% down Owned for 1 year so far. New roof. New a/c
  10. GetRichODT

    How quickly should I pay down my rental mortgages?

    REAL ESTATE 
    One of my goals has been early retirement. 2 of the rentals I own are going to help achieve that goal. Here's a quick summary of each: 1) 30 year mortage, 4.125%, $1,350 / month rent, 30% equity 2) 30 year mortgage, 3.75%, $1,595 / month rent, 45% equity I've owned both of them for < 4...
  11. GetRichODT

    Rate this deal (1) - 1/2 of a duplex

    REAL ESTATE 
    2,000 sq ft Built in 2008 in Ft Worth, Tx in trendy part of town - land locked 1/2 of a duplex / town home (other half is owned by someone else) Asking price: $325,000 Currently leased for $2,750 through May 2018 Property Taxes - about $6,500 annually
  12. GetRichODT

    Rate This Deal (1) - 8 Unit Apartment Complex

    REAL ESTATE 
    Asking Price $1.5M Year Built - 1983 Ft Worth, Tx Gross Income - $93,360 Expenses - $26,285 Net Income - $62,360 Insurance - $4,715 Gross Income Multiplier - 16.07 Cap Rate - 4.16% Each unit is 2 BA / 2 BR Average Lease Rate - $1,000 (I believe this can be raised a little bit) I think...
  13. GetRichODT

    Evaluating a duplex in a college town

    REAL ESTATE 
    Should this be avoided due to the obvious liability issues? I have a line on a duplex for that rents for about $3,200 in gross rents. If i assume insurance runs about $3,000 / year and assume the 50% rule based on a 30 year note with 25% down at 4.8%, i'd have to get annual expenses to be...
  14. GetRichODT

    39 Years Old. Net worth > $1MM and STUCK!

    EXECUTION 
    I'll admit it. I'm a consumer and not a producer - well, at least when it comes to my ventures outside of work. I've had a very successful career, but I have peaked. My job and ability to move up are constrained by the company i work for and therefore I have to break free. It's been a great...
  15. GetRichODT

    How does @smile have 1.4MM followers?

    how do they go from zero to that many followers? Just word of mouth?
  16. GetRichODT

    CAGR of S&P last 15 years

    INVESTING 
    In using http://www.moneychimp.com/features/market_cagr.htm And including dividends as well as adjusting for inflating it says annual return was just over 2.5% for the 15 years from 1999-2014. Would you agree with this? That has to be one of the top 10 worst 15 year periods in history.
  17. GetRichODT

    Foreign IPs are throttling my daily unique counts. What to do?

    WEB/DIGITAL 
    Is this a common problem? I logged in and had a couple of thousand posts on my message board that were clearly spam. I've locked that down now. My daily counts though are showing a lot of uniques from the Ukraine, Russian Federation, China, etc that are bogus and throwing off my uniques. In...
  18. GetRichODT

    LeadPages.com vs QuickMVP?

    WEB/DIGITAL 
    Anyone tried both? WHich do you recommend and why?
  19. GetRichODT

    I've started a personal finance blog

    WEB/DIGITAL 
    I have few followers. I've participated on other boards and posted some of my content which led to my being banned even though I was supporting other boards. Maybe they were concerned about competition. My main question is, I'm about 10-12 posts in. Do you think the approach is to try to get...
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