All Forum Posts by: Lee Gierszewski

I'd recommend vinyl plank flooring. I've been slowly installing it in all my rentals when the opportunity arises. Most of my units had carpeting in them and as soon as a tenant would leave, I'd see how trashed the carpet was & my mind was made. Vinyl plank is pretty easy to install and is damn near renter proof.

I personally love living in Bismarck & think it is a great place to live., but I’m probably a lil biased since i’ve lived here since I was 3. It does seem to me people are generally happy and friendly around here, there is no real traffic issues unless maybe a moose gets into town and causes some rubbernecking. 

As for the real estate, I feel the rental world is kinda tight to work in. I've got 3 properties that are cash flowing well, but I really haven't seen anything on the MLS that makes sense in months. Flipping is even more difficult in my opinion.

@Josh Daniels Welcome to BP!

I'd also advise not to try and find a rental out in western ND. Williston, Minot, and Dickinson are all pretty rough from what I've heard/seen. Bismarck is a possibility (more economic diversity) if you'd like to get a rental somewhat close to where you're working. I have a few here and have been able to make some decent cash flow. If you'd like to maybe look at a few around Bismarck, I am an agent and could show you a few if you'd like.

Man I can't wait to listen to this episode tomorrow during my car pool to work!

I'd like to know as well if this is open to the public. Thanks

I plan on making it.

I can do January 8th as well. Can't wait to catch up and see how everyone's doing.

I'm game for a meetup whenever.

Keep the upper unit tenant. Even if he only plans to stay one or two more years. A good tenant is worth their weight in gold sometimes. If you keep the @sshole tenant below, She's just gonna be a pain to whomever you put in the upper unit as well, and maybe the new upper unit tenant won't be as accommodating. It's pretty much a no brainer to me if you can easily get the lower unit re-rented.

Maybe I'll play the "Do you know who I am!?!?" card. LOL

It's gonna be quite the switch going from a couple of W-2's to three rental properties and tons of deductions!