All Forum Posts by: Alex Gunnerson

If it’s annoying you, it’s going to annoy the next people that move in. If it were me, I would make it very clear to the tenant that if this keeps up, they won’t be living there long.

@Justin Hall

Nothing wrong with getting your license and then pursuing a property. With that being said, a much faster approach would be find an investor friendly real estate agent. Why? They are going to have relationships with lenders, title companies, contractors etc that will make your life much easier. Finding the right agent is what lead me to closing on my first property. Feel free to reach out if you would like to chat more about this.

Hi @Gabriel Sanabria, 

I won't pretend to be an expert where I'm not, but here is in awesome pod episode I listened to a while back on the topic

https://www.biggerpockets.com/...

If podcasts aren't your thing, this post by Jonathan Hoyt is very thorough, filled with a ton of information.

https://www.biggerpockets.com/...

Good luck!

@Jewel B. I did the rehab on my 1st property and when I bought it. I barely knew how to swing a hammer. For me, YouTube was incredibly helpful and got me 80% of the way there. I was fortunate enough to have a friend who I consider Bob the Builder 2.0, I would lean on him whenever necessary. One thing I will emphasize... everything takes much longer than you project it will when you are starting out. Stay organized, have a plan for each day. Home Depot / Lowe's will become your new favorite spot to hangout.

@Dennis Brooks no matter what the market is doing, there is always a reason not to buy a property. Yes interest rates are high, but homes are sitting longer, giving buyers more negotiating power than they have had in the past few years. This is very situational, but in some instances if might make sense to deal with the high interest rates, buy a property that isn't a cash flow king in the first few years, but when rates go down, refinance and you have a nice, cash flowing property. Creative financing is another great way to capitalize on the great deals that are out there now without having to pay the high 7-8% interest rates.

 Hi Kenny, I'm an agent and investor in Kansas City. Let me know if you'd like to chat!

Hi @Sam McCormack. Like @Marty Boardman mentioned, Kansas City is an awesome area to buy cash-flowing properties. KC's thriving arts and culture scene, growing tech industry and low costs of living are just a few reasons why I'm optimistic about Kansas City's future. Let me know if you'd like to chat more about the KC market.

"Well I was in the store of a gentleman and I mentioned to him that if he knew of any real estate that I may be interested in to let me know."

It is crazy how many deals get done by simply letting people know what you are after. This looks like a killer deal Craig, great work!

Set for Life by Scott Trench is great, I really enjoyed the audiobook. BiggerPockets has a ton of great books on just about every topic you can think of thats real estate related.

Rich Dad Poor Dad is the most popular of them all, it seems to be the book that gets most people interested in Real Estate, but I’m biased as that is the book that kicked things off for me.

BP podcasts are also great. I also like “Sunday Service” which specializes in creative finance with Pace Morby.

Awesome video Lionel.  

Are tenants simply revenue-generating widgets, or should they be treated like a customer, meaning we're trying to earn and retain their business?

I'm naturally an optimist, but I really do believe that the number of landlords that treat their tenants like they are just numbers on a spreadsheet is much less than people who treat them like humans. With that being said, as we become more removed from our tenants by out sourcing property management, it becomes much easier to forget about the day to day experiences of our tenants. This video might be a good reminder for those landlords who have fallen into this trap.

There are many people that like to complain that rent is unaffordable and landlords are just greedy. Is that true?

People love to complain :) I try not to pay too much attention to these types of comments. Yes, there are some greedy landlords out there. However, you can only be so greedy for so long. If you are demanding significantly more than market rent, or you going cheap on all of your repairs, your tenants aren't going to stay with you for long. Sure some landlords might be able to get away with it for longer than they should, but I believe that treating your tenants fairly, like customers as you put it, is a win for all parties involved.

Unfortunately the 'complainers' are much more talkative than the people who are content.