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All Forum Posts by: Danielle Jackson

Danielle Jackson has started 0 posts and replied 500 times.

Congratulations! The profit doesn't really even speak to the true ROI, given you lived for free for 3 years. But you did learn the best and hardest lesson. No emotion in REI.

Congrats on a successful exchange! Achieving market rent will be key. 

Post: Tenant evictions - what a nightmare

Danielle JacksonPosted
  • Phoenix, AZ
  • Posts 504
  • Votes 282

I'm so sorry for what sounds like a dreadful experience and an investors nightmare. Investing sure doesn't come without its fair share of hiccups. 

Post: Buy and Hold Investment in Roanoke, TX

Danielle JacksonPosted
  • Phoenix, AZ
  • Posts 504
  • Votes 282

Congratulations! Sounds like a great purchase, especially given current build times. 

Post: How to find a good CPA/Tax Adviser

Danielle JacksonPosted
  • Phoenix, AZ
  • Posts 504
  • Votes 282

Honestly, I've had the most success from local meetups/REIA recommendations.

Post: How would you fund this property?

Danielle JacksonPosted
  • Phoenix, AZ
  • Posts 504
  • Votes 282

Hi Christopher. It's hard to tell you how to fund the property without understanding your financial position. Do you have the 20% down, while still maintaining some initial reserves and closing costs? Also, while comps look good (from what you said) what are the projections for the market? Do you think in 12-24 months you could potentially achieve an even greater cash flow through rent growth? 

Post: Federal Hill/Riverside Renovation

Danielle JacksonPosted
  • Phoenix, AZ
  • Posts 504
  • Votes 282

It's a beautiful property. Congrats on the almost $90k profit! 

Congratulations. Nice cash flow! 

Congrats! What a great investment opportunity. Just reiterates the importance of relationships....especially for sourcing deals. 

Post: Is a 7/1 ARM ever a good idea?

Danielle JacksonPosted
  • Phoenix, AZ
  • Posts 504
  • Votes 282

The risk of where rates may be in 7 years would deter me. Are there other ways you can increase NOI?