All Forum Posts by: Helen Zhang

Hi Kurt, 

I had the exact same question when I was at your age. 

About your 401k: I have just learned that you can invest 401k on real estate by using self-directed ira. I personally think the paperwork and legal documents is too much of a hassle for me, so I just left 401k alone to grow by itself. 

About your savings: There are ways to increase your savings by creating a high yielding saving account that gives you 2%~3% return per year. (You can look up on the internet to find a few, or I can refer you some with small referral bonus). This is risk free unlike stocks, and it is a checking account so it is as liquid as you can get. 

You obviously have the choice to do investment, but I wouldn't recommend to do stocks unless you know it well. There are less risk investment such as p2p lendings. I personally like propers.com. If you choose to do prosper.com, your money will not be as liquid as stocks. This means you will not be able to cash out as easily as stocks. 

Good luck =) 

Helen Z

bump, i guess it's hard to find a property managers that manages more than 100? how about just landlords and property managers? 

Hello, 

If you are a property manager in Dallas or Fort Worth who manages 100+ properties, I have some questions for you:

1. What is the vacancy rate?

2. When a property is vacant, and you were accepting applications, how many applications comes in on the month when it is first vancant?

3. What is the average length of time of tenants living in the your managed rental?

4. What do you do when tenants stopped paying rent? 

Thanks for answering my questions. I am considering to invest in Fort Worth and Dallas area =) 

@Rick Harmon, thanks for the recommendation.

As I previously mentioned, I am willing to pay the service for an online automation tool to do the due diligence. TitlePro sounds interesting, I will give that a try. 

I've purchased properties thru short sale, standard sale, and cash sales. The truth is, a deal is a deal regardless what kind sale it is... and some of them, might be auctions. It's almost impossible to find a deal that involves with 0 competitions unless you found a seller that have not listed his house on mls, so I really don't mind go through auctions =) 

@Chris, the problem is that I'm not looking for just one single property. I would like to get massive of those at the my convenience. (Sorry I'm spoiled, waiting for a human to reply can be slow).  I'm surprised that no one else is experiencing the same problem as I am. 

@Charles, Thanks for the tip. How do most of the investors able to put down a bid without having the free/clear title in hand first? I'm very curious.

Hi there, 

I'm curious if anyone else have run into my situation where I need reliable title report for auctions but I do not want to bother a title agent. Is there any title report online services that I can subscribe and pay monthly to search for any amount of properties as I wish?

P.S. I'm not looking for something like PropertyShark as their information seems not showing all the liens against the house. In fact, the information that I specifically looking for is any liens that I cannot get rid of when I make the purchase. 

Thanks a lot for any suggestion =)

Helen Z