All Forum Posts by: Jody Newman
Jody Newman has started 2 posts and replied 88 times.
Post: Best way to start out investing with $10K?
- Honolulu, HI
- Posts 92
- Votes 59
Im always the kill joy...............lol. Listen to Dave Ramsey- he says broke people shouldnt buy RE. Borrowing $10,000 and thinking you going to get rich is ludicrous.
ill be the first to go on your list. so what can i buy?
do u see the problem here?
Post: Good tenant with bad partner
- Honolulu, HI
- Posts 92
- Votes 59
deal w the problem after it happens. you people worry too much.
you did your best, cash those rent checks! if ya want add him at the end of the lease.
my take would be different if husband was OJ Simpson...............lol. id pay theM to leave.
Post: Newbie seeking advice.
- Honolulu, HI
- Posts 92
- Votes 59
since you have no clue it would be unwise 2 heloc. people do lose money doing RE, some lots of it.
PS- podcast in n of itsself does not count as due diligence, same for books, seminars, etc.
Post: OK, my offer was accepted. Now what?
- Honolulu, HI
- Posts 92
- Votes 59
Originally posted by @Aaron K.:
I would agree that broken down cars in the yard would be a red flag it might cost a bit of money in terms of lost rent in the short term but of the long term not having to deal with a potentially uncooperative tenant will save a lot of money.
lets Face it you not going to get ANGELs busting down the door to rent duplexes. She might as well get training right from the get go.................lol.
Post: OK, my offer was accepted. Now what?
- Honolulu, HI
- Posts 92
- Votes 59
Sounds like a Macho man type. Would you be comfortable with him right next door....................lol. Id do as previous guy said , have him booted out or @ least get a discount. Remember his friends are probably just like him. Imagine dealing with them 24/7 i just dont know why a cretain kind of person would want to live life like that. IF its the 5% down FHA then OK. but still .........................
Advise can only be given if you quote numbers. Looks like you ready to spend quite a lot on remodeling.
Post: Out of state purchase rental property strategy?
- Honolulu, HI
- Posts 92
- Votes 59
the only way is to get yr rear end on a plane and see what you are buying. Walk the streets @ 10-11pm will give you all the info you need about class of area.
Post: First deal analysis for Kansas City turnkey
- Honolulu, HI
- Posts 92
- Votes 59
ill due some due diligence for you instead of TRUSTING your TK company.
https://hotpads.com/lees-summit-mo/houses-for-rent...
Rents vary quite a bit. Seems $1400 is a good number.
Post: Adding an sleeper sofa to an airbnb
- Honolulu, HI
- Posts 92
- Votes 59
I would add a sleeper sofa to already what you got ONLY if you were going for the ORGY crowd...............lol.
Post: Is my skepticism holding me back?
- Honolulu, HI
- Posts 92
- Votes 59
Originally posted by @Andrew Johnson:
@Account Closed I've been in your shoes before, the best course of action is to make the offer and move on. Sure, there's a 90%+ chance you'll get turned down. You might not even get a counter. But at least you'll have made the offer and it won't be rolling around in your head anymore as a "potential". Not to mention if you do get a counter it might be at $55K or $75K. One means you're close and one means you know you're 99% positive you're wasting your time.
I think were NOT supposed to give the truth. ONLY you go girl S are allowed.