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All Forum Posts by: Jordan Sand

Jordan Sand has started 2 posts and replied 84 times.

@Rick Zinn Appfolio and Hemlane have all of that although Hemlane partners with another online company for the leases

Post: Getting Started & Optimizing for Cash Flow

Jordan SandPosted
  • Investor
  • Seattle, WA
  • Posts 87
  • Votes 30

@Martin Alonso - Yes get a PM who works primarily with college students. Quality will be subpar from my experience but students have a lot of repairs and the multiple tenants on a lease makes it more difficult.

Post: 5 Must Read Books for Newbie Real Estate Investors

Jordan SandPosted
  • Investor
  • Seattle, WA
  • Posts 87
  • Votes 30

Thanks for sharing -- wanted to read never split the difference (thanks for reminder)

Post: Best property management app

Jordan SandPosted
  • Investor
  • Seattle, WA
  • Posts 87
  • Votes 30

@Jordan Ross - from one jordan in CA to another ... haven't been in a market for an app for over 4 years but have been using Hemlane since then and can't say enough good things about it. customer service is stellar and will scale with you. I use it for my properties in san diego but also out of state.

Post: Is it better to be an investor who's quicker or smarter?

Jordan SandPosted
  • Investor
  • Seattle, WA
  • Posts 87
  • Votes 30

You need both but i found smarter works better in the end. With the market shifting, i've seen a lot of dumb money realize it's not so easy ... for the past four years, it was easy but that's changing.

Post: Investing in Tampa??

Jordan SandPosted
  • Investor
  • Seattle, WA
  • Posts 87
  • Votes 30

Following too -- curious on this market.

Post: Syndication Vs Self managed real estate

Jordan SandPosted
  • Investor
  • Seattle, WA
  • Posts 87
  • Votes 30

@Deepak Manohar - seems like a lot of these responses are from syndicators. While i don't disagree that is more passive, you want to look at the numbers and consult your tax accountant. There is SO SO SO SO SO much more that you can write off with self management and your own deals that you just can't do with syndication. Get a tax accountant who has experience in real estate and get their opinion too. 

Post: Getting Started & Optimizing for Cash Flow

Jordan SandPosted
  • Investor
  • Seattle, WA
  • Posts 87
  • Votes 30

@Martin Alonso - college station if youre serious about getting into student housing. Ive sometimes found high cap rates but a lot of additional management so reluctant to move forward in college towns. Try Killeen as well - have a friend in san diego (where I am) who has done well there in multifamily and has steady military tenants.

Post: How to fight insurance claim denial?

Jordan SandPosted
  • Investor
  • Seattle, WA
  • Posts 87
  • Votes 30

Thanks Jerry for sharing this as its a good lesson for everyone. Chris is most likely right on this one and sad to hear that it happened to you. Was the contractor at fault at all for taking down the tree without enough precaution as it landing forcefully?

Post: PM vs Self Managing - What's the breaking point?

Jordan SandPosted
  • Investor
  • Seattle, WA
  • Posts 87
  • Votes 30

@Matthew Ford - good processes can help you scale on your own. started on excel. I moved to Hemlane once I had 2+ rentals and haven't looked back. I have out of state and in state and find that as long as I build a good team (especially handyman) and integrate it into my software ... then i'm golden. 

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