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All Forum Posts by: Gordie Ballhorn

Gordie Ballhorn has started 6 posts and replied 14 times.

Post: Monthly maintenance expenses

Gordie BallhornPosted
  • Rental Property Investor
  • Posts 14
  • Votes 4

@Luke Grosskreutz thanks man! I appreciate it!

Post: Monthly maintenance expenses

Gordie BallhornPosted
  • Rental Property Investor
  • Posts 14
  • Votes 4

Hey guys, I know every market is different and it depends on the house, upgrades, etc. but just looking at getting my first place and am planning to house hack while going to school. I’m running some numbers on the bigger pockets calculator and was just wondering what a good rule of thumb would be for setting aside monthly expenses and capital expenditure? What percent of the rent would be a good idea to set aside for the month? Thanks for the help!

Post: Just getting started

Gordie BallhornPosted
  • Rental Property Investor
  • Posts 14
  • Votes 4

Thank you @Jake Stuttgen , I appreciate the help!

Post: Just getting started

Gordie BallhornPosted
  • Rental Property Investor
  • Posts 14
  • Votes 4

Hello, I am a student attending University, but am looking to purchase a house near campus and house hack it by living with a couple roommates. I earn about 30k a year with scholarships and working in the summer and have enough money to put a down payment. Was just curious as to if I would qualify for a mortgage as I don’t have a steady income throughout the year. If not what would be a good avenue to go down, because I really want to get my foot in the door. Thanks