All Forum Posts by: Aaron Hunt
Aaron Hunt has started 10 posts and replied 645 times.
Post: General: Do you rent or own the home you currently live in?
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Originally posted by @Kyle Reynolds:
I'm in agreement with what Jim K. stated...I am currently renting and it is much cheaper for me to Rent than to Own my own home at this time. Also, it feels better, in my opinion, to keep and treat the purchase of Rental Property as a Business, detached from my daily life and work.
If you are settled in your town and find a nice property you like, is a reasonable deal and numbers work out to where it could become rental property later then that would seem to be a good move if you wanted to buy yourself a primary residence.
Cheaper to rent than own in Vegas?
Post: What to do with my first property?
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1. Take a HELOC out to 90-95% LTV while you currently live there as primary residence.
2. Rent it out.
3. Put cashflow money under a mattress until you figure out what the hell to do next.
Post: Was pre-approved, lost my job, can I get a mortgage without it?
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Originally posted by @Michele B.:
I am interested.
MVP: Most valuable post.
Post: Tenant moved out and so did the mechanical equipment... more....
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Originally posted by @Nicole Varasteh:
never heard of 1099C gotta put that on my list of things to look up. Fascinating and scary to a new investor like me. Maybe call them and tell them you'll pay them 1/2 the price if they bring it back and install?
When you use it as a landlord, I hear you reach a higher plane of spiritual landlordianship and salvation.
And when you call em back with a bribe of 1/2, set up a massive bear trap so they can’t escape. Then lay on the floor and start a game of Saw in your rental unit.
Post: How can I buy a 96 unit apartment complex
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Originally posted by @Charles Richardson:
@Ned Carey thank you for that post on mentors. I’m starting to think one of the biggest problems I have is not spending more time on BiggerPockets! Thank you🙏🏾
I count about 5-6 actually big problems in your first post.
Not spending enough time on BP is probably not even in your top 10.
Gotta prioritize.
Post: ADVICE: buying a car 3-6 months before buying a property
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Originally posted by @Matt K.:
Originally posted by @Carlos Garcia:
@Matt K. thats insanely low... considering i know someone with a bmw I8 leases paying $2000 a month, and the I8 and NSX have similar msrp's
https://forum.leasehackr.com/t/2017-acura-nsx-180k... there are other threads there too.
Also... hell cats were going for around 500........... so pissed I didn't jump on that.
What is this magic website...
Post: ADVICE: buying a car 3-6 months before buying a property
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Originally posted by @Carlos Garcia:
@Aaron Hunt sarcasm is hard to detect through the internet! lol... as long as you arent buying cars that will depreciate by half by the time you drive them off the parking lot im all for buying better/newer cars
@Thomas S. If you think "funds" are a better investment than RE i think you are on the wrong website, way better ROI and its more fun!
Nope, I let the OG owner take that initial massive hit on my M3.
I picked it up afterwards, tuned it, and then drove the tires off it. (Literally, two flats in the last 12 months.)
Post: ADVICE: buying a car 3-6 months before buying a property
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Originally posted by @Carlos Garcia:
Thanks everyone for the input. @Marian Smith you are right, i make over 6 figures annually from my day job so the car payment is not an issue and its actually a pretty conservative payment. Im not sure why people are so judgmental... I will definitely not be trading it in for a 99 civic. In regards to financing the car before buying the house i will try to do it ASAP that way my credit has some time to recoup before going through with the house loan. Thanks everyone!
I was just messing with you. I drive an enthusiast car myself, so I’m just mocking all the clowns on here that will say you have to be miserable driving around a POS if you want to be successful at RE.
Post: ADVICE: buying a car 3-6 months before buying a property
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Originally posted by @Thomas S.:
It always amazes me when people earning 6 figures in a job want to bother with the hassles of real estate investing. By most peoples standards a 6 figure income is much more than sufficient to have surplus income to put into something actually passive.
Take your savings invest in a fund and keep your life simple. Avoid the long hours, hard work and high risk of dabbling in real esttae.
You have it made already you should be very happy.
Um. What?
I know a lot of my family/friends clearing multiple 6-figs enjoy RE investing. Day jobs can be boring at times!
(I may or may not be included in that category as well.)
It let’s you buy Class A rentals that are nice and shiny.
Post: Can I sue property management company for vacancy?
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They probably lived there for 5 months. Free party house! Just saying...