All Forum Posts by: Julien Jeannot

 Pretty much. Keep it simple.

 Have at it.

I find that starting with a goal in mind and the criteria to achieve that goal is useful to pick which city to invest in.

@Abner Peña

Hi Abner, feel free to send me any deals you have. What and what do you specialize in?

@Noah Bacon

Ouch that hurts. Anything the HOA can do in terms capital improvements to lower the rate? Such as a better rated roof to handle the hail?

My condos outside of Seattle have had unpleasant insurance increases, but no where near 98%. HOA YOY hovering right around 5%.

@Julio Medina

Welcome!

Hi Julio,

Glad to meet another like minded investor in the Seattle area. I've exited the corporate world thanks to my local portfolio of rental properties. It allowed to choose how to spend my time. I've also explored out of state (Memphis, TN) investing and have great contacts in the other states.

Feel free to reach out, I'm always happy to share share my experience.

@Carl Stuvek

To collect rent I've used apartment.com (used to be cozy) for years and it does not require any notarization process.

@Zackery Engel

All great advice so far. Mine is similar:

- Strategy: House hack a multi if you can 2-4 units or an SFR.

- Handyman skills: I survived off youtube before I could afford professionals

- All books, blogs, ect. basically have the same information these days. Find a few your can connect with and run with it. Do be careful not to get lost in it. Action is key.

- Mistakes: Slow to network and leverage the experience around me.

@Vince Craig

Most of my clients looking to acquire STRs are re-evaluating their strategy or underwriting properties to support LTR or MTR strategies as a back. That changed over the last few years where a back up strategy was an afterthought or non excitant.

Headwinds: regulatory, interest rates, house prices, "professional" competition, and market saturation.

@Shane Bishop

I've house hack a duplex and came was in the boat. Couple options:

1) Hire a landscape company and bake the cost into the rent.

2) Let the tenant handle the basic stuff and write in the lease. Such as: mow grass, fall clean up, flowerbeds, etc. The major stuff such as hedge trimming and tree maintenance handle yourself. Of note, if there is an item that is not easily fixed if tenant destroy, keep the responsibility.

The transition of the current tenant and their set of responsibility:

1) Leverage the lease if that's covered

2) Inform of new responsibilities, negotiate if you have to.