All Forum Posts by: Andrew K.

Z&J, Thanks for the reply. Unfortunately property is outside my area. I wouldn't mind checking out the pics though. I'll PM you my email. Good luck with the sale! I am military, do you have any affiliation? Are you familiar with Fayetteville? It might be outside his area as well, but it's worth asking. What do you think Adam Schneider ? Again, good luck with the sale! -Andrew

Zebulon Zilar where in North Carolina is this property? And what are you asking for it? Thanks! -Andrew

Steve Snyder I'm note sure why your client was so motivated at the end of the year. As for me, I'm motivated by the fact that banks want REOs off their books by year end. I'm working off the premise that some banks may be more inclined to accept reduced offers as a result. Just a thought, might provide some insight. Take care. -Andrew

Glad to connect Joseph S. Keep pouring through BP and you're going to learn a ton. Be persistent and 2017 will be a great year for you. Take care. -Andrew

@Dawn Brenengen any idea if Carmen insures commercial multi-family?  If so, I'm interested in her contact info as well.

Thanks in advance! 

-Andrew

The first style.  I'm not a fan of open shelving/glass doors.  Who has nice looking dishes that they want to display?!

Good luck with the remodel.  Regardless of design you choose, the end buyer will have a great looking kitchen!

Keep us posted!

-Andrew

@Michael Rogers congrats to you and your family! Who knew that hard work really does pay off?!

I second that the podcasts are an amazing learning tool. I'm going to re-listen to episode 138...apparently there is some gold in there that will help me leave the J-O-B behind for good!

Congrats again and I look forward to continuing to follow your progress.

Take care.

-Andrew

David Wendelken I just came across your post and wanted to see how things are going...is your third rental rehab done? On the market and rented? Looking for property #4? I hope things are well and hope to see you around the site. Thanks. -Andrew

Carrie Reyment considering it's already cash flowing, you're in a strong position. You could take Greg S. suggestion and see how the tenants react and market supports. Possibly try it with one unit and go from there. I recommend that you provide some "value" to the tenant in exchange for the increased rent. E.g. Install new appliances, upgrade flooring, new paint, etc. Get creative. Also, you might be surprised at what "upgrades" the tenant may want in exchange for the increased rent--you might come out cheaper than your own ideas. I'm making a few minor improvements to one of my properties that were the tenant's suggestion. Far cheaper than the new kitchen cabinets I was originally planning to install! Good luck and keep us posted! -Andrew

Ashly B. May not answer your question directly but I'm working on getting a HELOC on one of my properties. I like the HELOC as I plan on using it like a checking account to fund portions of other projects. I'll rinse and repeat for as long as the HELOC is viable. Gives me the flexibility to put a large chunk down on a property or purchase materials for a rehab. Good luck and keep us posted! -Andrew