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All Forum Posts by: Jacob Sloop

Jacob Sloop has started 12 posts and replied 252 times.

Post: About to buy our first fix, rent and refinance.

Jacob Sloop
Posted
  • Rental Property Investor
  • Virginia Beach, VA
  • Posts 267
  • Votes 111

Hey Patrick,

Im in the Hampton Roads area and would be happy to help !

Feel free to message me

Post: What makes an agent "Investor Friendly"?

Jacob Sloop
Posted
  • Rental Property Investor
  • Virginia Beach, VA
  • Posts 267
  • Votes 111

Certainly been said already but actually being an investor yourself, there really no substitute for it.

Also being super current on your local market, rents, prices, upcoming areas, areas to avoid..

Post: New to BP and looking to invest in the DMV

Jacob Sloop
Posted
  • Rental Property Investor
  • Virginia Beach, VA
  • Posts 267
  • Votes 111

I would also consider down where I'm located in the Hampton Roads area.  South-eastern Virginia.  Great market

Would be happy to help, feel free to send me a message 

Post: [Calc Review] Help me analyze this deal

Jacob Sloop
Posted
  • Rental Property Investor
  • Virginia Beach, VA
  • Posts 267
  • Votes 111

First thing I see without checking ANYthing else out...  built in 1907.   Be prepared for some headaches

Post: Help!!!! How to finance

Jacob Sloop
Posted
  • Rental Property Investor
  • Virginia Beach, VA
  • Posts 267
  • Votes 111

What's the mortgage payment and what will market rents be??

This is where you need to focus first.

Post: 1st fix and flip with zero out of pocket money

Jacob Sloop
Posted
  • Rental Property Investor
  • Virginia Beach, VA
  • Posts 267
  • Votes 111

Great work!  Keep it going

Post: House Flip Expense Tracker recommendations

Jacob Sloop
Posted
  • Rental Property Investor
  • Virginia Beach, VA
  • Posts 267
  • Votes 111

I've always used google sheets

You can share it with whoever needs to be included and its a live sheet so whenever you update something its there, no need to send out multiple updates, etc..

Id be happy to send you an example of how mine look...they are far from perfect but may give a good idea!

Post: Tips for rules to put in place when renting

Jacob Sloop
Posted
  • Rental Property Investor
  • Virginia Beach, VA
  • Posts 267
  • Votes 111

@Mary Eubanks

Bigger pockets has a great lease you can buy and download for your state. I’d suggest starting there

Post: What should I do with these wooden floors?

Jacob Sloop
Posted
  • Rental Property Investor
  • Virginia Beach, VA
  • Posts 267
  • Votes 111

@Benjamin Furney

Is this going to be a rental? If so that depends on your budget and clientele..

Those are pretty far gone, some stains will likely remain after sanding. And this is the floors guys least favorite part of the job I can tell you .. must be done by hand , labor intensive ..

That being said I’m like the others and love hardwood and try to preserve them when possible but if it’s too expensive then carpet

Post: Cabin vs. Condo: Smoky Mountains

Jacob Sloop
Posted
  • Rental Property Investor
  • Virginia Beach, VA
  • Posts 267
  • Votes 111

@Brooklyn McCarty

Also please be aware that some associations don't allow STR..