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Posts By I Love Bama
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Money Talk
re: Experience with We Buy Houses - I Love Bama
[quote]I called one of those outfits in Houston when we sold our house, just to see.[/quote] :lol: They are real estate investors. Not interested in paying you what something is worth. That's not how we make money. What a waste of everyones time......


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Money Talk
re: Experience with We Buy Houses - I Love Bama
[quote]That is really all I need to know. The property is in great shape and is in a good location I just may need to sell fast if I re-locate. [/quote] How much do you owe on it vs what it is worth? I may buy the damn thing....


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O-T Lounge
re: Texas lawmaker files bill to legalize marijuana - I Love Bama
[quote]Or [b]you're[/b] brain is rotted from that sinister plant!!! [/quote] or maybe [b]yours[/b] is?...


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Money Talk
re: Experience with We Buy Houses - I Love Bama
[quote]I feel like the title work of the people calling in would be a train wreck.[/quote] You get a lot of dumb asses who will call you with "I got my house on the mls if you wanna buy it" or some POS house worth $20,000 and they are trying to get 50k for it. The one good deal I got was when ...


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Money Talk
re: Experience with We Buy Houses - I Love Bama
Mostly individual investors although I'm sure there are some major companies doing a lot of volume in big cities. I've had mixed results with the bandit signs but some guys swear by them. ...


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Money Talk
re: $50k cash. You want to become a billionaire. How do you do it? - I Love Bama
great read.......


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Money Talk
re: Experience with We Buy Houses - I Love Bama
[quote]Anyone sold their property to an investor or wholesale outfit like one of these We Buy houses companies? I'm looking for a reputable one that I can at least consider.[/quote] Those are my signs if you see them in north Alabama. What questions do you have? Investors will close quick b...


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Money Talk
re: $50k cash. You want to become a billionaire. How do you do it? - I Love Bama
[quote]Do you think it's possible? [/quote] Very easily done. Stick 50k in the stock market and wait 129 years (assuming an 8% return). You're welcome Mr. Billionaire!!!...


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O-T Lounge
re: "Am I normal?" Massive Penis Size Study Just Dropped - I Love Bama
[quote] Its results show that the average penis is 5.16 [/quote] :lol: Never settle for average LLOTOT. You deserve better. :pimp:...


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Money Talk
re: Real estate or stock market? - I Love Bama
If you can pay cash for a property, fix it, rent it and then do a cash out refi I think that is the way to go. Works much better on the low end stuff that I do. Banks hate loaning 30k for a house and the closing costs are stupid expensive at that price point relative to what i a spending....


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Money Talk
re: Real estate or stock market? - I Love Bama
[quote]I had 58k in it. It appraised for 80k after 1 year. I took out 80% of the appraised value. So 60k-closing costs which coincidentally cut me a check for 58k. Ergo I have none of my cash in deal. I have equity that I created by remodeling the property but not my cash.[/quote] :bow: and...


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Money Talk
re: Real estate or stock market? - I Love Bama
There isn't anything wrong with your strategy but you aren't maximizing potential. Simplified example: Let's say you have $100,000 to invest and you want to invest in a $100,000 house that will rent for $1,000 per month. In your scenario, you are grossing $1,000 per month. If you buy 5 ...


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Money Talk
re: WTF is going on with Sam Adams stock today?! - I Love Bama
[quote]Boston Beer—The maker of Sam Adams beer earned $1.40 per share for its latest quarter, 3 cents above estimates, but revenue and 2015 guidance are well below analyst forecasts. The beer brewer said it would need to increase spending on advertising, promotion, and sales this year, to support ex...


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Money Talk
re: Real estate or stock market? - I Love Bama
Nail on the head. I love the leverage I can get in R.E. ...


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SEC Rant
re: SEC Rant started by an LSU fan...would it exist otherwise? - I Love Bama
*You're and I was banned from tide fans as well. Awful site with the worst moderation I've ever seen....


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Money Talk
re: Real estate or stock market? - I Love Bama
Www.biggerpockets. Com go cray...


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O-T Lounge
re: Reddit cracks down on nude photos after Fappening scandal - I Love Bama
[quote]Tumblr is where it's at [/quote] [img]http://dc165.2shared.com/img/qECokosI/obama_interested_puts_hand_on_.gif[/img]...


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Money Talk
re: BOIL has become predictable - I Love Bama
It is funny.... :lol:...


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Money Talk
re: BOIL has become predictable - I Love Bama
1% per day is baller status. Even if you start with $10 I do laugh though for reasons I can't entirely pinpoint. ...


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Money Talk
re: Real estate or stock market? - I Love Bama
NOI can fluctuate so much in residential real estate I don't usually bother with cap rates. There are a million different strategies that are successful so please don't think my way is the only way. I'm looking to get at least 2% per month of my "all in" price (purchase plus repairs). It's pre...


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Posts By I Love Bama