All Forum Posts by: Axel Ragnarsson

While I agree with the other posters that it seems odd you are only required to put 10% down, I have more of a problem with your monthly vacancy and capex expenditures. I currently own a rental and am also a college student, and I can guarantee you that you'll need more than 5% monthly for capex. College students are notorious for abusing a rental more than others, so you would need to account for that in your monthly maintenance allowance. Also, 5% is a low allocation for vacancy. Almost all college rentals are one year leases that are rarely renewed, so be prepared to pay more in vacancy and turnover costs. I would use 8% to be safe (one month a year). I would just keep this in mind when evaluating properties in the future!

Hey Jim, I work with the KW office in Portsmouth and am also looking to invest in the area. Nice to see another member from the Granite State!

Randy, out of curiosity, what is the name of this software you are using?

@Marcus Doucet Yes I am actually with the Portsmouth office. Literally joined about two weeks ago, so I am pretty new

@Tim Dolan Thanks Tim, I was actually just about to give him a call.. I'll be sure to mention your name. The real estate agent title is a bit misleading since I've been one for a little over a week haha but I will be sure to add Steve to my list of vendors. Thank you

@Marcus Doucet Thank you, hopefully everything goes well and we close with no problems. I see you work with KW, I am also licensed with them as well.

Hey everyone, new member from southern New Hampshire here! I'm 21 years old, so I guess I would say I'm on the younger side of the group here on BP. Currently I am a junior at the University of New Hampshire set to graduate next year, but I also recently received my real estate license to help with my investing and to potentially help others invest as well.

I have to confess that I've used BP as a resource for a number of months now and am just now making an account! However many of the guides on here have helped me immensely, and I went under contract on my first property last week. 

For keyword alerts - Manchester, Derry, Epping, Chester, Hampstead

Hey everyone, I just went under contract for my first investment property! Now I obviously have to do a home inspection and I'm posting to see if anyone has any referrals or recommendations for good home inspectors in the southern New Hampshire area. 

(For keyword alerts) - Manchester, Derry, Hampstead, Exeter, Epping