All Forum Posts by: Dalyn Hazell

Thanks! I had a feeling that was the case. Certain tenants inevitably will require different internet speeds.

I'm renting out my first single-family house, and my question is: 

Should it be my responsibility to set up internet for tenants? In other words, should I coordinate with the technician to set everything up? Or should the tenant do all that? The house is already wired; I just need the box and router set up. 

I'm afraid that by setting it all up myself I will be on the hook for the utility bill, and I don't want that liability.

What do you all do regarding internet in your rental?

Thanks in advance,

Dalyn

I'm starting out cold calling distressed property owners, and I've come across multiple Entity owners. It's a little more difficult to obtain their contact information, so what's the best way to contact the owners of these LLCs/Trusts? Keep in mind, I am not interested in direct mail at this time.

Thanks!!

I've been driving for dollars a lot this week. Just downloaded the Deal Machine App. 

My first question is - is it best to avoid marketing to the Owner Occupied homes, even if they are distressed?

My second question is - if Deal Machine says that an owner has low equity (less than 40%), should I pass on it and move on?

Thanks!

@Sean McDonnell None yet, but your answers have given me the clarity to move forward. Thanks all!

@Account Closed Great answer. I'm curious though - what do you mean "Do not sign a buyer's agency"? Does this mean avoid signing any contract that only allows me to work with a single agent?

Thanks,

I've read some material that says starting out with Hard Money is not a good idea. Does anyone know why this is? My main strategy will be BRRRR and I plan to incorporate hard money into my financing.

Thanks for your input!

My main strategy will be BRRR, but don't have the capital to buy all cash. My question is: should I know exactly what type of financing I'll use before starting?

In other words, should I immediately get started raising private money, contacting hard money lenders, etc.? Or should I concern myself with getting a great deal first and foremost?

Thanks for your input!

I signed up for foreclosure alerts somehow and it's coming from biggerpockets.foreclosure.com. It's probably coming from a different company, but you can view the properties through BP.

Thanks!

I don't see a good reason for doing that since you'll pay 2 sets of closing costs. Also, interest rates may increase after your "initial period". They are historically low right now. Why not secure a 15 or 30-year right away be done with it?