All Forum Posts by: David Lecko

Yes! I agree @Patrick Liska. And to add to that answer... if you want to keep the receipts but you hate holding on the paper receipts, just take a picture of the receipts with the free version of the "Expensify" app and you'll have them totalled up automatically come tax time @Nathan Hood

Yes! @Account Closed So Smart. One additional thought for you... also talk to the individuals and consider having them drive for you by the hour in specific neighborhoods of your choice. The result will be a custom stream of leads you can market to right away.

Hey @John Berger, that's not a bad spot to be in!

If you aspire to have rental properties you might like the financial benefits of keeping your existing house as a rental when you buy your next primary residence, if that's an option for you.

Primary residence home mortgages have a lower interest rate than investment mortgages traditionally, so by buying your next primary residence and hanging on to your old one, you get to keep your lower interest rate on both properties.

Hi @Ben Grew, welcome to the community!

That's cool you have a construction background. If you need any tips on finding a house that needs a little rehab, I'd recommend checking out the driving for dollars bible: https://www.biggerpockets.com/renewsblog/2013/05/0...

Enjoy! See you around on the forums ;)

Awesome! Welcome to the community! Be sure to check out the ultimate beginners guide if you haven't already which can be helpful in deciding on your strategy: https://www.biggerpockets.com/real-estate-investing

Welcome @Matthew Cochran! Be sure to check out the beginner's guide if you haven't already. https://www.biggerpockets.com/real-estate-investing

@Quinton Slay, I feel for you. There have been a ton of great comments above. I think one of the top pain points people experience in relationships is money in general. You're not alone!

My girlfriend and I approached the subject by setting aside 1-2 hours per week to talk about it together. So far it has been really helpful. We have it on our calendar and can mentally be ready for the discussion every week.

I wish you the best of luck!

Thumbtack is a good one. Also I like Homeadvisor and Taskrabbit.

@Account Closed I was thinking the other day that I'd like to hire someone local like yourself to help me with real estate marketing tasks. I think finding a local Meetup for you would be perfect to get connected with someone you can help with real estate tasks and get paid, also while learning what you want to learn. 

Hi @Grant Smith, I like that you are asking this question about direct mail. I think a lot of people are using direct mail, and a key to buying direct mail or any other form of advertising is reaching the right audience. A lot of new investors do drive for dollars, reaching their hand-selected audience of run down or vacant houses in a certain area. That usually yields a response rate of 10-20% calls back from interested sellers, after sending 1-3 mailings in my experience. I've heard recommendations that you should aim to get at least 100 houses driving for dollars to get 1 deal, which can be a helpful benchmark to aim for.