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Location:Baton rouge
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Number of Posts:965
Registered on:3/20/2014
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Any business coaches in BR - Rust Cohle
Looking for some help with bookkeeping, growth strategy, and forecast models. Is this a profession, and are there any in BR?...
Posted on Money Talk
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Equity to debt ratio for real estate investing - Rust Cohle
What are y'all comfortable with, how do y'all mitigate risk? I think anything less than 1:1 is conservitive. 1:4 is ok as long as they are good cashflowing property, but am unsure. Do you think worst case and make sure you can pay loans in an economic downturn, or have so many months of cash?...
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re: New landlord, payment help - Rust Cohle
Cozy website. ACH is free, it gives them reminders, and is supposed to help their credit also. ...
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re: BRRRR Method: Tips? and Questions on the Refinancing - Rust Cohle
Haven't ran a lot of scenarios doing this method, but you will get the best deals on something unwanted, and have the most appreation if it's in an area that is desired. Just recognize the lost income during the process. 6-12 months might cost you 1500 a month and the cost of the loan. If you ...
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USVI Puerto Rico - Rust Cohle
How would a trip to the US Virgin Islands or Puerto Rico be this summer? It seems like Puerto Rico took a bigger hit. I have read both are encouraging tourism. ...
Posted on Travel Board
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re: Can anyone tell me about Ibiza (Spain)? - Rust Cohle
Croatia yacht week. You're welcome....
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re: I just found an entire bottle of adderall - Rust Cohle
Drug test from work don't usually check for that ...
Posted on O-T Lounge
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re: How lucrative is owning a small residential construction company? - Rust Cohle
the point was that they use lending. No need to mention hardmoney lenders, portfolio lenders, direct lenders, blanket loans, jumbo loans.......
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re: How lucrative is owning a small residential construction company? - Rust Cohle
[quote]will come from his own money or a bank loan.[/quote] That's what I'm talking about, a bank loan, the downpayment for a bank loan. Never even considered the reduced investment with a client downpayment. They are absolutely using loans. Why build one with 300k of your own money, when you ...
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re: The Ritual - Rust Cohle
They really messed up and deserved it when they said "that was the most fricked up night I've ever had, let's not use the map or compass anymore and just follow this trail. Good plan....
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re: Self Directed IRA - Rust Cohle
How does it work? If you have earnings from the property, can you spend it? Or does it have to go back into an account or more investments? Can you pay yourself a wage for account management, and property management?...
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re: Orlando investment property - Rust Cohle
Gotta be too saturated?...
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re: How lucrative is owning a small residential construction company? - Rust Cohle
[quote]If he doesn't have the $300K in the bank at the start he will pay interest on loans to fund the lot purchase and house build, then if it sits for a month or two before it sells even more interest which means less profit.[/quote] you mean instead of using 300k to make 75k, they are using 60...
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re: How lucrative is owning a small residential construction company? - Rust Cohle
The income is proportionate to the difficulty stress, and risk of the job. You can hire a Builder, and have a huge headache, or you can have it subd' out yourself and have a huge headache. There are people in Baton Rouge building spec houses for 250,000, and selling them for 400,000. ...
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re: What exactly is the appeal of alt rock/folk? - Rust Cohle
whats the appeal of Jam bands? never understood the the likes of STI, disco biscuits, Eminem, and MC hammer....
Posted on Music Board
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re: Anyone else struggle with the decision for kids/no kids? - Rust Cohle
There is only a very very small percentage of people who say that they regret having children. They may recommend not having children, but they would never say that they regretted having their children. It just goes to show that life is not about trying to make it as easy as you can. ...
Posted on O-T Lounge
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re: Beach Condo/Townhome Investment Property? - Rust Cohle
[quote]jmarto1[/quote] there's some real world advice! How many days a year are you renting out? Are you self managing? When you are there are you disappointed with the wear and tear, and feel like you have work to do? ...
Posted on Money Talk
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re: Beach Condo/Townhome Investment Property? - Rust Cohle
How much did you plan for Managment? I think 200 days for a seasonal beach home is top precintile. Probably only renting 15 days on off months. Your Principal and interest should be 1400 at 5% which is a really good rate for a second home. Another 200 for prop taxes 400 for hoa. Not sure on i...
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re: Women and decorating everything - Rust Cohle
You can't relate? It's about creating something, an environment, and what is accessible to them. To some it may be your truck, a landscape, a camp, office, pool area. To others, A business, a large scale architectural development, a home, or bathroom....
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