Posted by Scott in SF on June 27, 2011 at 21:19:15 from (75.61.96.124):
In Reply to: Rentals posted by oldironman on June 27, 2011 at 05:05:01:
I have been in the buy fixer, rent it, flip it, live in it for 2 years and get up to $500,000 tax free and doing the 1031 exchance for farm land thing ever since I moved to California in 1986. I have done well. Renting is a great business in a high rent area, miserable in a low rent area . I only rent to people with a FICA score of 700, no smokers, no birds, and are able to explain what they do for a living (they pay for credit and background checks). I also am entertained by some ideas here, can't evict a bankruptcy for 5 years, or a pregnunt woman, only rent to white people. I can't always get them out in 3 weeks, if they evade service it may take 4.
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Today's Featured Article - George's Fordson Major - by Anthony West (UK). This is a bit of a technical info to add on to the article about George's Major in the "A Towny Goes Plowing" article. George bought his Major from a an implement sale about 18 years ago for £200.00. There is no known history regarding its origins or what service it had done, but the following work was undertaken by Harold alone to bring it up to show standard. From the engine number, it was found that the major was produced late 19
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