All Forum Posts by: Jeff Robert

I wouldn't waste $22,000, nor $110, on ChicagoHomeBuyers.com. Come up with something witty that is available, and spend $10/year on it. Google and Bing don't value domain names for search results anymore.

2 Votes

It also depends on the state costs of an LLC. They are $600/yr in Illinois/California, and only $50 setup (and $25/yr thereafter) in Michigan.

0 Votes

Originally posted by @Jacob Sampson:

You get a PM when you are tired of making a profit.

If you aren't making a profit with a PM, then you paid too much for the house.

2 Votes

Originally posted by @Ryan Rogers:

And broke dead even to begin a deal, in a price point of 500K with (historical likelihood) for 4-5% yearly appreciation.

I remember justifying this same scenario in 2001, and the houses still have not recovered to that value. Granted, it was Michigan, but states like Mass, Cali, NY, will fall some day, and I wouldnt want to leverage myself to that 4-5% appreciation 'hope'. Focus on cash flow.

1 Vote

I always prefer to see homes in vacant condition, both from a physical point of view, as well as being able to choose my own tenant. I also prefer showing them vacant, it makes showings easier to schedule and reduces the possibility of the tenant sabotaging a deal.

0 Votes

I'd recommend WordPress, SquareSpace, or LeadPropeller

0 Votes

Welome triple-J! I'd recommend checking out meetup.com for local groups.

0 Votes

County tax records didn't help? What about county court records, that might show details of foreclosures or past divorce, etc.

0 Votes

Hey Craig, welcome. Checkout the podcasts to get started!

0 Votes

Hey Carlos, welcome. If you have any details, please let me know.

2 Votes

All Forum Posts by: Jeff Robert

Jeff Robert has started 5 posts and replied 123 times.

Post: Advice for my LLC/Domain name

Post: How many LLC's is too many?

Post: When to get a property manager?

Post: BRRR Poll Question: With break even cash flow, Yay or Nay?

Post: Looking for thoughts on Selling my Duplexes

Post: Creating a website

Post: Getting started

Post: Vacant Properties

Post: New member from New York

Post: Carlos Velez