All Forum Posts by: Kanwar Sodhi
Kanwar Sodhi has started 38 posts and replied 199 times.
Post: Home Inspection

- Real Estate Agent
- Chantilly, VA
- Posts 245
- Votes 61
Always get the home inspection done. ALWAYS.
Why? When you sell your place, you can use that to show new owners everything that was worked, show receipts and maybe they'll skip the home inspection when you go to sell.
Post: 70 percent rule on rental property.

- Real Estate Agent
- Chantilly, VA
- Posts 245
- Votes 61
Focus on not so much a percentage but what you'll walk away with by the end of month after all income minus expenses and see if that number matches your goal
Post: Use cash flow to pay off my SFR rental or invest in the S&P 500?

- Real Estate Agent
- Chantilly, VA
- Posts 245
- Votes 61
Cash is king, hold it unless you're putting it back in a tangible asset.
#RichDadPoorDad
Post: Anyone closed on a property in the last 1-2 weeks?

- Real Estate Agent
- Chantilly, VA
- Posts 245
- Votes 61
Post: What To Do With Money

- Real Estate Agent
- Chantilly, VA
- Posts 245
- Votes 61
I just closed today with an Army reserve who bought a beautiful home today and currently helping a Navy officer purchase a house hack; buy something that numerically makes sense and run with it.
Post: Hard money lenders needed for New investor

- Real Estate Agent
- Chantilly, VA
- Posts 245
- Votes 61
Have you reached out to 10 local lenders? The chance of you getting one would be high.
BP has a list now
Post: Difficulty finding investment lenders

- Real Estate Agent
- Chantilly, VA
- Posts 245
- Votes 61
There are always lenders (investors) out there.
Who doesn't want to constantly make money on good deals?
Post: Fixer upper or turn key for buy and hold investing?

- Real Estate Agent
- Chantilly, VA
- Posts 245
- Votes 61
I would analyze a property (deal), see which exit strategy gives you more of what you're looking for and run with it
Post: How to escape the mindset??

- Real Estate Agent
- Chantilly, VA
- Posts 245
- Votes 61
You need to read Rich Dad Poor Dad; it'll answer all your questions.
If you still have the same questions, you need to read it again until you understand it
Post: $26,000 Foundation Repair Quote

- Real Estate Agent
- Chantilly, VA
- Posts 245
- Votes 61
Vertical Cracks: OK
Horizontal Cracks: Big problems
Get multiple quotes BECAUSE good companies have innovative, newer ways of fixing foundation issues