All Forum Posts by: Jordan Thibodeau
Jordan Thibodeau has started 16 posts and replied 476 times.
Post: Goals 2nd Semester 2014

- Rental Property Investor
- San Jose, CA
- Posts 486
- Votes 170
HI Kim!
Excellent goal. As far as handwriting them:
A. That's extremely time consuming and unscaleable
B. I don't know if the effort will increase your response rate.
You could use an old fashioned word processing doc, printer, and then sign and address them by hand.
Either way, I'm glad you have a goal! Happy Hunting!
Post: property managers , lease up fee?

- Rental Property Investor
- San Jose, CA
- Posts 486
- Votes 170
Wow, I didn't know they charged additional for renewals. The new lease up rate sounds right.
Post: Avertising a home as "back on the market". Good idea or bad?

- Rental Property Investor
- San Jose, CA
- Posts 486
- Votes 170
Sorry to hear about the financing.
It's a matter of opinion. Personally, either way it wouldn't matter to me.
Post: How to get and how much to pay on $20,000 1 month loan?

- Rental Property Investor
- San Jose, CA
- Posts 486
- Votes 170
Sounds like a hard money scenario. How you reached out to any hard money lenders? Or does your bank offer any short term loans?
Post: U.S. Marshall's visit.

- Rental Property Investor
- San Jose, CA
- Posts 486
- Votes 170
Woah. Did they bust your door down or do any property damage? I don't know what the lease terms are Alabama, but so long as he mails you the check from "C Block," everything should be ok.
Post: Cash on Cash equation question

- Rental Property Investor
- San Jose, CA
- Posts 486
- Votes 170
You're on the right track. You could add vacancy rate and cap ex budget.
Post: Buying rental with an agent from the PM company we would use to manage it...

- Rental Property Investor
- San Jose, CA
- Posts 486
- Votes 170
Good question. If your due diligence is solid (price checking V competitors, checking for reviews, etc) I don't see a problem.
Post: First Week as a MF Owner

- Rental Property Investor
- San Jose, CA
- Posts 486
- Votes 170
Hi Kim!
Have you tried asking the BP forums for contractor recs?
Also, I found one of my contractors via a referral from a custom home builder and I found my handyman via redfin.
Also, once you find your contractor that's capable to help you with day to day repair work I suggest you create a system with your contractor for:
Rules of your property (Who will be doing the repair work, no minors)
Contractors license and insurance info
Billing (Online invoicing? Payments?)
Best of luck!
Post: Play or Pass

- Rental Property Investor
- San Jose, CA
- Posts 486
- Votes 170
HI Bobby!
What's your strategy(Buy, hold, flip, or wholesale)?
Post: Money order in the mail!!!???

- Rental Property Investor
- San Jose, CA
- Posts 486
- Votes 170
Sending it certified mail would prevent this from happening because she can give you a tracking number to verify the location of the letter. Either way, it's her responsibility to get the rent to you, so if it's not in by the end of the week, she still owes you the rent plus late fees.