Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jordan Thibodeau

Jordan Thibodeau has started 16 posts and replied 476 times.

Post: Goals 2nd Semester 2014

Jordan ThibodeauPosted
  • 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?

Jordan ThibodeauPosted
  • 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?

Jordan ThibodeauPosted
  • 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?

Jordan ThibodeauPosted
  • 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.

Jordan ThibodeauPosted
  • 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

Jordan ThibodeauPosted
  • 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...

Jordan ThibodeauPosted
  • 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

Jordan ThibodeauPosted
  • 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

Jordan ThibodeauPosted
  • 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!!!???

Jordan ThibodeauPosted
  • 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.