All Forum Posts by: Jim Workman

@Jason Gutierrez   Several of us will be in San Clemente on Sunday Feb 15

http://www.biggerpockets.com/forums/521/topics/168...

I'm sure you would be welcome.

@Jason Gutierrez    If you are not in too much of a hurry, Turnkey-Reviews.com should soon be live.  It should help all of us buy-and-hold investors compare our options.

My 2-cents:  Take advantage of debt-leverage or consider lending your money at 10%.

While I am blue-skying here, I have always wanted to be able to show my properties on a map so other BPers could exchange info related to the neighborhood.  Include a pop-up description for contact info, property manager, etc.  (only accessible by members to prevent abuse.)

You may want to assign some kind of categories for the services that a company provides.  i.e. Marketing, acquisition, rehab, tenant placement, property management, etc.  

A major theme in the threads is "Are there any good property management companies in St Louis'.  It would be nice to do a search for that.

It would also give an indication as to how full-service their 'turnkey' is.  

I notice that some of the posts have been deleted.  If so, could you add them to Turnkey-reviews, and post here that there are additions?

What a great idea.  I have already registered.

Not sure if it is already addressed, but I would like to see 'advertised returns vs actual'. (Sure, it's a 14% CAP.)

Last year, I switched to a very real-estate-savvy CPA in old (as in old money) Pasadena. I sent him my 11 HUD statements for this year, and I asked if someone in his office could help me enter one of them into my new Quick Books program. Then I could do the others and send in the QB file. He said "No, just let his people set it up." Now I got a bunch of Excel analyses which were imported into Quick Books and a bill for $2400. So I didn't save on my CPA bill, I didn't learn how to use QB, and I still have to complete all of my other expenses. (So there will be follow-up bill.)

Does this seem like an excessive bill or am I being too cheapskate?

@Cole A.   I'm using William Robison (816) 804-1226.  Most of my properties are in C neighborhoods, and he seems to have a good feel for maintenance requirements vs cost.

@Cole A.  I have been in KC multis a few months now.  (Independence, Oak Grove, Parkville, and near the KC Museum)  They have been cash flowing although there is a hiccup this month.  My PM got things stabilized pretty quickly.

Sounds good.  See you there.