All Forum Posts by: Jamison Conti
Jamison Conti has started 0 posts and replied 37 times.
Post: Property management and bookkeeping software

- Specialist
- Santa Barbara, CA
- Posts 38
- Votes 21
I think some of the softwares mentioned are web based and only work with companies in the USA. Are your properties in the US or Canada?
Post: Bitcoin is 10k again what are you going to do now?

- Specialist
- Santa Barbara, CA
- Posts 38
- Votes 21
Big believer in blockchain tech and Bitcoin! Since we are on a real estate investing site, has anyone heard of Decentraland? It is virtual real estate for a decentralized VR world.
Post: Negative cashflow on Rental Property .

- Specialist
- Santa Barbara, CA
- Posts 38
- Votes 21
Originally posted by @Vinh Huynh:
@Jamison Conti I agreed . Santa Barbara is such a nice area. I think it's worth it . " Location , location , location."
Your right, just looking at appreciation of coastal property its hard to pass on. Breaking even will be a happy day!
Post: Negative cashflow on Rental Property .

- Specialist
- Santa Barbara, CA
- Posts 38
- Votes 21
I am dealing with the same issue right now in Santa Barbara CA. I am eating a few hundred a month. It will be a few years until I can refinance and break even but worth it to secure a nice socal property.
Post: What type of flooring would you use in a fixer?

- Specialist
- Santa Barbara, CA
- Posts 38
- Votes 21
Originally posted by @Tim Pritchett:
Oh wow you put it down your self? Ok it’s that easy to work that stuff? How did it cut?
Yeah it is pretty easy to do yourself if you have some basic tools. It cuts similar to wood flooring, I just used a normal table saw.
Post: What type of flooring would you use in a fixer?

- Specialist
- Santa Barbara, CA
- Posts 38
- Votes 21
Hey @Tim Pritchett
I did about 800 square feet of my house and it cost around $3000 including all the underlayment and baseboard. It took me about 12 hours total I think. Like @Marcia Maynard said, be careful when choosing the right flooring. Some brands can have separation and it becomes a pain in the @$$ to deal with!
Post: What type of flooring would you use in a fixer?

- Specialist
- Santa Barbara, CA
- Posts 38
- Votes 21
I just installed high end vinyl planks throughout my house and love it. It is almost made out of a PVC type material and the planks are fairly thick. If you are planning on renting the property I would suggest going this route to avoid scratching/wearing of hardwood. I believe it was about $3 per square foot and is indestructible.
Post: Property Management Software

- Specialist
- Santa Barbara, CA
- Posts 38
- Votes 21
Hey Alex, I think both of those softwares would work well for your portfolio size. I personally have heard more positive feedback on Rentec Direct.
Post: I can't buy home owner insurance for my rental property, true?

- Specialist
- Santa Barbara, CA
- Posts 38
- Votes 21
Hey Ton,
I may be wrong, but I think you are looking for tenant liability insurance.
Post: Newbie looking to buy a condo in South Boston

- Specialist
- Santa Barbara, CA
- Posts 38
- Votes 21
I would always factor in Association dues/assessments into the formula before pursuing a condo rental. I have seen some crazy dues in Boston.