All Forum Posts by: Kevin Krysty Jr.

Thank you @Denise G. I will definitely keep this in mind. 

@Kris Bucci great perspective!! As far as the screening process, would you still do a credit/background check on the friend? 

If tenant continues to be unresponsive, I know where I live in Pinehurst, NC, if a person is bit by the dog and its reported the town the animal control will get it and put it down. Maybe use that as leverage for a response? 

Hello Bigger Pocket folks,

My wife and I are about to break through our first door in our investing career as we move into our first home together (in 9 days!!!) We got the house at a reasonable price below market value and hope to make a fair profit as we upgrade it! Secondly, there is an attached studio apartment. Its 715sqft large open space (previous garage converted into mother-in-law suite/studio), with a full kitchen and fairly nice appliances as well as a full bathroom with a large walk in shower. It’s definitely dated, but move in ready…and I already have two people interested and both willing to pay $550/month AS IS (...& utilities included). One of them is a good friend of mine and the other one is a young lady who works at the hospital and says “I’m just looking for a bed”, and honestly imaging she's going to be super quite and practically not even there... but I am curious as to how to determine who would be the better tenant, while also not being a greedy piece of 💩...I want to help them both, but also trying to be a savvy businessman, I don't know what the right answer is? 

Looking for some advice from some long time landlords.

Peace,

Kevin

My wife and I are currently renting one side of a duplex in a great neighborhood and my landlord is retired, and recently sold all of his other properties and now just owns mine. I have approached him about selling, and he is interested but doesn’t need to sell and said to maybe follow up with him in a year or two...I talked to him about owner financing opportunity so that he can still get a check every month and he seemed interested. Haven’t spoken with him about this in about 2 months now...just curious if any of you have insight on a good strategy about keeping it in front of him and keeping the door open for me to buy this without being an annoying mosquito pestering him with it. Any thoughts?

I’ll look into them! Thanks @Dymond Shafer 👍🏼

@Lucy Hilton I’ve heard a lot of good things about “The One Thing” - thanks!

@Mike Dorneman yes I’ve heard of that one...I’ll put it on the list! Thanks!

Looking to break into the investing game with some fix and flips. My current market (central NC) is incredibly difficult to break into, but a lot of the surrounding areas are a lot less expensive. This may be a dumb question, which I think I know the answer to...but do you only want to flip single family homes, or are manufactured homes/mobile homes even an option? Everyone’s gotta live somewhere right? And maybe “flipping” isn’t what a smart investor would do with those properties...but I feel like there’s something there, just not sure what to make of it. Thoughts?

@Phil G. Do you have to attend a workshop receive a loan through them?