All Forum Posts by: Jesse Mancuso

Also worth mentioning that some smaller, local banks may offer HELOCs on rental properties. I found one in Arizona years ago but have not had luck since but I know they are out there. 

@Ken George best of luck to you!

@Jacob Glaser interesting approach. Simplicity in Property Management definitely makes things easier for sure. 

Welcome to the industry! Best of luck to you!

@Joe Prillaman 

@Matthew Nicklin Great advice. Consider the market and adjust accordingly. While upgrades certainly give you more curb appeal and a potential advantage over the competition you need to ensure you are not putting too much into a home. 

Interesting to see the pros and cons of something so simple as planting a tree but this post has given me a lot to consider. 

As a property manager I am (naturally) somewhat biased towards keeping a property and renting but agree wholeheartedly above. Renting can make sense for a lot of people but not all. Purchasing lower-cost properties that provide regular cash flow might be a good option for you. I'd continue to weigh out all options just as you are doing. Best of luck!

@Paul De Luca this is a great suggestion. Jeff, I too would advise this book. I would also connect with a local property manager. Even if you are self-managing a good property manager should be willing to share insight beyond your initial questions about tax deductions and depreciation. Best of luck to you!

Welcome to the world of investing, Barry! The Charlotte market has been very hot also. Take your time and find the right market for you given your goals and objectives.