All Forum Posts by: Jeffery Griggs
Jeffery Griggs has started 2 posts and replied 135 times.
Post: Whats the most amazing inexpensive countertop on the planet?

- Investor
- Pelham, AL
- Posts 141
- Votes 44
Post: Tenant Background screening company Apex Star Financial

- Investor
- Pelham, AL
- Posts 141
- Votes 44
I have not used that service. I use Tenantbackgroungsearch.com and have been very pleased
Post: Our first rental property

- Investor
- Pelham, AL
- Posts 141
- Votes 44
Vanoy welcome to BP!! That's interesting. What value did the PM bring that was greater than their fee? Just curious.
Post: Anyone tried a short term rental between tenants?

- Investor
- Pelham, AL
- Posts 141
- Votes 44
It seams like a lot of risk for little reward to me. What happens if you can't get the 2 week tenant out in time for the permanent tenant?
The chance that something could go wrong and the cost of a second cleaning (time and/or money) for 1/2 months rent is not appealing to me
Post: Any advice before we become landlords???

- Investor
- Pelham, AL
- Posts 141
- Votes 44
Make screening tenants a very high priority....
Post: Loan Servicer

- Investor
- Pelham, AL
- Posts 141
- Votes 44
Google came up with this.
Post: Craigslist Posts

- Investor
- Pelham, AL
- Posts 141
- Votes 44
Postlets works well for rental listings. They post the ad on multiple sites including craigslist.
Post: Best site for background checks

- Investor
- Pelham, AL
- Posts 141
- Votes 44
I agree with @Beth L. We use tenantbackgroundcheck as well and have been very pleased.
Post: Portfolio Lenders

- Investor
- Pelham, AL
- Posts 141
- Votes 44
Hi Erick,
I don't know the answers to your question but @Upen Patel may be able to help you out.
Hi Matthew welcome to BP!!
That's not a stupid question. To me leverage in the context of Buy & Hold is
1. Using primarily someone else's money (bank loan, seller financing, etc...) to purchase an asset such as a rental property.
2. Using the tenants money (rent) to pay for the loan that purchased the asset.
I hope this helps.