All Forum Posts by: Aaron Q.

@Joe Splitrock

Joe, the property I will be renting out is in Des Moines, I am moving there. I am going to look into a site similar to the one you posted a link to for Sioux Falls. Thank you for your time and info.

@Nathan G.

Thanks a lot Nathan, I'll definitely look into recent documents that are in ljne with what im trying to do. Thanks for the advice sir!

I am soon to be a first time landlord and am in search of documents such as leasing agreements, pre inspection paperwork, screening questionaires. Can anyone point me in the right direction for any of these?

@Thomas S.

I get what your saying but if I can clear $100 or $200 per month over my mortgage isnt that ideal? Am I missing something? Is part of the 1% or 2% to save for future repairs?

@Eric C.

@Eric C.

Thanks for responding Eric. So, I currently have a 15 yr fixed at $1200 per month mortgage. I would be using the $25k from refinancing to put down on the next house and have cash for fix up costs. We would be using a management company as I am relocating out of state. We have found one that is charging 8% per month.

Hey guys! I am moving and want to turn my current home into a rental property....this is my maiden voyage into investor real estate. A little background; the property was listed with an agent at $200k a week ago but was never verified by a bank at that price. We owe $115k on it currently but are going to refinance it into a 30 yr mortgage at $140k and put the rest down on the next house. How do we begin the process of establishing a rent amount to charge on this? Thank you in advance!

I am interested, any new info?

Hey thanks for the feedback guys. I'll check into the meeting this saturday; I think it will be tough for me to attend.

Hey guys, Newbie from Sioux Falls, South Dakota here. I am looking to get my real estate license and begin investing in rehabs and hopefully build a portfolio of rentals as well. I am just looking to connect with locals who I could bounce some questions off of and maybe work with in the future. Thanks!

Hey guys, Newbie from Sioux Falls, South Dakota here. I am looking to get my real estate license and begin investing in rehabs and hopefully build a portfolio of rentals as well. I am just looking to connect with locals who I could bounce some questions off of and maybe work with in the future. Thanks!