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All Forum Posts by: Bob Faulk

Bob Faulk has started 8 posts and replied 41 times.

thanks Jason, would you be able to shoot me the contact info for them?

Hi Adam, yespecially wanting to at least get all the ins and outs of self managing. I do here and am learning tools that help. I will possibly rehab myself but want to build a network from herevil as quickly as I can. I've remodeled several units of my own now so I'm pretty quick at it however it'd be a pretty involved project to do it out of state. The property doesn't really need a big overhaul, at least that I can tell but I have a friend over there looking at the property for me and giving me a ton of details tomorrow. He's also a real estate agent so he knows a bit more to look for. I've reached out to several people in the Milwaukee area on bp do well see what comes up. 

I live in Seattle/Tacoma Washington area and am looking add a duplex property in Milwaukee Wisconsin. The property is in a good area and the price is right. What are some recommendations to rent a duplex out being an out-of-state buyer on the property? I use cozy now on my local fourplex and like the features but I guess I'm trying to figure out how to jump into more affordable markets out-of-state buying and renting! Thanks for any input

Thanks Nathan!! Good info

Thanks for all the feedback. I think I'm going to use Cozy. It makes the most sense

thanks @Dominic T.Cozy seems to be the consensus so I'll check them out

thanks Kyle, I'll check that out!!

Does anyone know of a good online rent payment portal I can utilize for my tenants but that doesn't have big fees? Any pointers would be great as well

Post: [Calc Review] Help me analyze this deal

Bob FaulkPosted
  • Sumner, WA
  • Posts 41
  • Votes 8
@Brandon Turner Thanks Brandon. I mostly put them in that low because I just finished the rehab on the whole building literally all new. I also was mostly trying to figure out how to hit the 2% here locally on the building next door that the owner is open so selling. It's identical to mine with a few improvements already complete. I do know there's a number that will make that property work I was mostly trying to figure that out on something I'm familiar with. Thanks for the encouragement on greys harbor. I realize I'd need to spend some time figuring that market out but it's only 2 hours from my home and the prices are much smaller there so it's an area I'm wanting to check out. I flew to milwaukee and spent 2 days looking over that market and it's got huge opportunities. I'm very new at real estate and have beginner experience but I am getting in and at least figuring out what I don't know as I do rather than trying to figure out everything in theory. Thank you again for reading my post and your time. Your a good man. God bless and I look forward to being on your podcast one day!!

Post: [Calc Review] Help me analyze this deal

Bob FaulkPosted
  • Sumner, WA
  • Posts 41
  • Votes 8
@Jake DeAtley Yeah a friend said the same about grays harbor...location, location, location. Just looking for now to see if anything jumps out as a great deal