All Forum Posts by: Clint Galliano

Welcome @Clint Woods from Houma! Since you already are into the podcasts, dig into the forums, too! Lots of interesting stuff.

Clint

@Justin R., Would it be possible for you to share your current document (ops manual) or at least the original you started from?

Welcome to BP from Houma!

Devour the forums and listen to the podcasts...they possess more details and information than you can imagine. 

Welcome to BP from Houma! 

Mine the forums for education and insights. Listen to the Podcasts. They are very informative.

If you want to put in a little work, look at the booking calendars on VRBO/HomeAway, Local PM companies such as Sun Coast rentals, etc...this will give you an idea of rents, discounts, average vacancy, etc. Then you compare to below market deals that you can find in the area. If you still cash flow based on comps after mining the sites mentioned above, then it is probably a deal.

Scott Trench , technically they are acronyms. The military & the oilfield are overrun with them. To the point that TLA stands for three letter acronym. Very cool feature & looking forward to it being available in iOS.

@Patrick Hollis

Welcome to BP from Houma! I am fairly new to real estate investing, also.

To second what Robert said, I am about half way through The Millionaire Real Estate Investor and definitely recommend it.

Rentometer.com gives you a range for properties around a specific address. You can also look up the addresses of rentals listed on CL or in the Buy/Sell/Rent groups on facebook to get an idea of what the property is worth or recently sold for compared to what it is renting for.

Of course, it goes without saying that if you see the same property vacant for a period of time, their rent is probably too high for the location.

Welcome to BP! You have found a wealth of knowledge here. I am also learning and really like the podcasts. The forums are full of great information, also. Make sure to set up keywords to alert you to topics of interest, which is how I found this post, because it mentions Louisiana. Good luck!

Welcome to BP from Houma, La.! I find that the podcasts are especially informative. They can be helpful for learning because you can listen to them while driving or doing work. Good luck!

Welcome to BP, @Nick Boullion! If you decide to attend the meetup, I hope to see you there, along with all the other BP Acadiana members, as this will be my first time there.