All Forum Posts by: Randy Krock

@huy Nguyen I am also a investor on lending club have been for a year now. I am very pleased with the returns I have received. I invest in the lower grade notes c-g. The notes on lending club and prosper another peer to peer lending company have loans that have 3or 5 year durations but both companies have a secondary market to sell your loans on if you need to liquidate sooner than 3-5 years. If you want to learn more information there are two blogs that write exclusively about peer to peer lending. One is www.lendaccademy.com and the other is www.lendingmemo.com both are a wealth of information if anyone is looking into putting some of their portfolio in this asset class.hope this helps.

@Tom Fields

Welcome to BP you will learn a lot from the wealth of knowledge and experience that is available on the site. The best thing to do is keep responding to posts and asking your own questions. I also have a rental condo in Newport News. Good luck in your future real estate transactions.

I have my tenants do a direct deposit into my account. I like it for the fact the bank will only accept cash or certified funds. As I grow I might look into using a service such as erentpayment.com in the future but for now the current system is working.

I agree with @Aaron ram if you have great tenants in place I would consider the new programmable thermostat a small improvement that stays when the tenant leaves. I did this to my rental and the tenant really liked that I had put it in for them and it was a great way to show the tenant you care. I have had that tenant in place for 3 years now.

@Mehran Kamari thanks for the welcome and you are right the first one does wet the appetite for more. Look forward to learning and sharing with everyone in bp.

@Andrea M. thanks neighbor

@Jaren Barnes I will look into the links and check them out. I have been listening to the blog as well I am about halfway through all the blog posts now.

@Dmitriy Fomichenko thanks for the links the keyword alerts is a cool feature to find topics that interest me.

@Brandon Turner found bp by the podcast you and @Joshua Dorkin are doing a great job like the in-depth coverage of all aspects of real estate

@Mehran Kamari thanks for the welcome and you are right the first one does wet the appetite for more. Look forward to learning and sharing with everyone in bp.

@Andrea M. thanks neighbor

@Jaren Barnes I will look into the links and check them out. I have been listening to the blog as well I am about halfway through all the blog posts now.

Hello Biggerpockets

My name is Randy Krock I live in Hampton,Va with my beautiful wife and our two boys. I have been investing in real estate since 2008, I currently have 1 condo that is being rented for positive cash flow every month. I am interested in growing our portfolio with more property's. I am also interested in note investing and would really like to pursue what it takes to get some notes in our portfolio. Look forward to interacting with everyone, learning and sharing the knowledge I have learned so far.