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All Forum Posts by: Account Closed

Account Closed has started 13 posts and replied 140 times.

Post: My Triplex is Gross - Am I A Slumlord?

Account ClosedPosted
  • Investor
  • Surprise, AZ
  • Posts 156
  • Votes 110

@James Wise, OMG...no words...

Post: Is there any etiquette left on social media?

Account ClosedPosted
  • Investor
  • Surprise, AZ
  • Posts 156
  • Votes 110

I have sent messages and connected with a few folks that had very knowledgeable posts on areas I'm interested in, in my area, in a location that I have a home in and others where I might invest in at a future time. I have had a few where we went back and forth on email, met up for lunch, REIA meetings, exchanging ideas because we're both new, etc.

I hope to connect with and make many more friends (colleagues) on BP!

Post: Holiday gift for tenants

Account ClosedPosted
  • Investor
  • Surprise, AZ
  • Posts 156
  • Votes 110

@Linda S.. Now that's a good idea, upgrade my property and use the deduction! #gold

Post: First Flip - Seems too good to be true

Account ClosedPosted
  • Investor
  • Surprise, AZ
  • Posts 156
  • Votes 110

@Michael Marchman, this is a good learning opportunity (for me as well). Thanks for posting.

Post: WildFire in CA burned Rental House... Insurance tips needed PHOTO

Account ClosedPosted
  • Investor
  • Surprise, AZ
  • Posts 156
  • Votes 110

@Brandon P., so sorry for your loss. :(  Hopefully you have prior pictures as to the condition of the property when claiming damages. Yes, like @Patrick Liska said, hire an independent adjuster to assist. GOD bless!

Post: Tenant asking to replace a new TV, reasonable?

Account ClosedPosted
  • Investor
  • Surprise, AZ
  • Posts 156
  • Votes 110

@Dennis M., lol

Post: Tenant asking to replace a new TV, reasonable?

Account ClosedPosted
  • Investor
  • Surprise, AZ
  • Posts 156
  • Votes 110

@Ava G., huh? Why not get them the 80" OLED while you're at it!? That sounds crazy to me. Is the unit in Singapore where a TV is expected? Is it in your lease the type, size, quality of TV being provided? 

Let them purchase their own tv at their own expense.

Post: How new mortgages effect personal credit score

Account ClosedPosted
  • Investor
  • Surprise, AZ
  • Posts 156
  • Votes 110

@Andrew Postell, that's good to know. I worked hard to get all of my scores close to or in the 800 range, so I don't want to mess that up!

Post: How new mortgages effect personal credit score

Account ClosedPosted
  • Investor
  • Surprise, AZ
  • Posts 156
  • Votes 110

So I have my former residence in my personal name (which I am renting out) and recently purchased another home (which I currently live in). 

I intend to rent this one out as well. I bought my current home in July and it just hit my personal credit report, (4 months in) no biggie, I took a one point downgrade.

For those that purchase investment homes in their name, rather than the LLC name, how has it impacted your credit score? I plan on buying more properties obviously, but how will that tank my score outside of my LLC?

Post: What is your biggest problem you face right now as a REI?

Account ClosedPosted
  • Investor
  • Surprise, AZ
  • Posts 156
  • Votes 110

@Dennis M., but everybody says if you have a good deal the money will find you?...