About positivedennis

positivedennis's most recent comments:

On 26 Sep 2012 in I was wrong! I repent! Sell your homes now! Never buy anything!, positivedennis said:
The sign is photoshopped.
On 21 Sep 2012 in Just how many houses do we need, positivedennis said:
Derrill, I have purchased property and double escrowed it and made $50,000 profit on the same day I bought it. I do not pay retail.
On 21 Sep 2012 in Just how many houses do we need, positivedennis said:
Derrill I have been a real estate investor for 40 years, I bought my first apartment building at 19. Do not teach your grandmother how to suck an egg. I do not pay retail. In any market there is money to be made if you know what you are doing. If you had bothered to read the blog posts I refered to above you would know that in general I think the average person in the average market should not buy. Each market is different.

Personally of the 8 houses I plan to sell I will lose money on one of them.

If I was younger I would, if I could get the right pricing, buy a 4 plex or less, move in one unit, and get the stupid interest rates available for owner occupied and rent the rest of the units. In many markets, Springfield, mo, Riverside, Ca, it would be difficult not to make money. In other areas it would be a mistake, it depends on the market.

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