All Forum Posts by: Joshuam R.

Steps:

1-Live in and hold mortgage on primary SFH

2-Add additional persons to title only

Scenario, additional person on title gives closing cost $$ of 3.5%, add the person to title as 7% ownership and rides it out until a future sell of the home occurs or refi and buy them out.

Any one done this?

Bank confirmed that step 1 and 2 are allowed.

"Heads up" Notification

Look at what I just learned, now we know why the posts gets bombarded with the simple replies nothing to do where the original post intended to be. Inspired by this platform itself, for us to continue to interact. Which is fine, we are all optional on here. But dear friends, please be part of the original thought process of the post and give a fair response. Not an empty few words just because maybe this constant inbox notification put so much pressure on you. Love you all, best wishes.

 That is a decent cute neighborhood. You have to re-do your marketing pictures. Get a pro and also the ones that place digital furniture/decor to bring life to them. The google pic from 2021 looks way cuter than what you used. Add some plants, temporary ones, that if they die off is okay, but for now during the marketing phase add them. Put up a sign on the front yard, and one on the two closest busy intersections. 

Another thing is 5bed/1bath will be a tough one, but doable.

I saw some comparisons close to your property, I believe keeping your price as-is is fair, but do not lower it until you do try these remedies.

Here is a good example of very good story telling pics, got lucky it was still furnished, it helps tell the story of what can work inside. example post

Best wishes.

Just sharing my personal my status following this list by @Adrian Chu

For adding to my utility belt, I am currently doing #1, studying for the state exam. And this will also season up trust or optional service to be offered with our current wholesale company. The goal is to give the client to have option A be sell of market and its pros and cons, and option B sell on MLS with its pros and cons.

Then going for #4 to continue to vertically integrate my career W2 skill/assets into my personal LLC , networking , etc.

#2 I would partner with someone. 

#3 not necessary if you are doing the other ones. For this one I would only focus on mastering #3 as much as possible and make that gig grow to $100k or more a year. If that's not the goal with #3, let someone else do it.

 Thank you very much for sharing. Best wishes.

 I 100% agree with you, our life will continue to grow and prosper. The Earth will continue to rotate around the Sun. Not a serious matter. But an up vote counter stat and post counter stat does not equate to credibility. It only equates even for me that we have a lot of free time on our hands, hopefully because due to Real Estate Investing.

I feel like.... we both stopped listening to our mothers by now lol

Best wishes! I will embrace what a user posted on here, I will move on. Unfortunately, with this post learned that you cannot revised or delete. Only unfollow, will try that now on my own.

 Of course lol, not that serious, we are all laughing all the way to the bank anyways, this for some is research and development, for others just a quick restroom break vent or time killer. 

 100% agree with your Mom. But a down vote would subconsciously (hopefully) make each person really think twice about what they are going to post as an answer, it will help pump the brakes on what is currently happening. Again , I agree with your Mom, but I think a subtle down vote same as up vote won't be a dark negative. 

We want everyone to engage, and cut down on the ones just doing it because the "My/user stats" numbers are new fun game. Maybe even out the playing field, remove the My Stats/Posts count/ Vote count, make that a personal private setting, not public. That way we focus only 100% on actual conversations and thoughtful answers that do apply to the original post. 

Our first SFH has fans by default, our second SFH has no fans. Both are doing good. Will we put fans on the second SFH and future ones. No. I try to make the properties tenant proof and that they feel safe. If a fan is needed the tenant would buy a floor fan. Same way we did when we use to be tenants. What's important is secondary security locks, AC/Heat for all living sq footage, all working outlets, damp rated bulbs in bathrooms, working appliances, fire extinguishers, we do 1 year worth of monthly air filters, which cost way less than ceiling fans, working fire alarms, etc.

Best wishes, good luck.

@Aaron Breckenridge Where does the edited revised version of a post go? Is that an automatic new post. I tried it but it does not show revised version under the original post.