All Forum Posts by: Lindsey Pinkham

Hey! So she is actually my neighbor! We just connected and turns out she and her husband have years of experience and own many properties! But you can find tons of people through Facebook groups and groups here on BP.  

Hey y'all! 

Im looking to hear some good experiences with PM companies in phoenix OR if you only have horror stories lets hear those too so I know who not to go with. 

Thanks in advance!

Welcome Ray!

I am actually a newbie too and closing on my first multifamily property next week. I actually bought a property that already has tenants in it and is pretty up to date. 

Things that helped me get prepared for this was constant education. Some of my faves are: 

1. ABCs of Real Estate Investing

2. ABCs of Property Management 

3. Managing Rental Properties

3. The 5am Club

4. The Cashflow Quadrant

5. The Biggerpockets Pod. (duh) I have honestly learned so much from here. 

6. The money guy podcast (helped me understand finances more in depth)

I also have found a mentor. Someone who owns over 15 properties and knows a lot of investing in general. This has really helped me pull the trigger and not get analysis paralysis. 

Good luck on your journey and would love to stay connected so we can talk about what we learn and to see each other grow!

I am buying my first investment property that is a duplex. After reading a few property management books I feel that I can handle most of the stuff. My issue is that I do not know a lot of contractors for different trades so if an emergency does come up, I cannot fix it. Has anyone used Latchel recently and liked it? 

Im mostly interested in it because I do not want to spend all of my time looking for maintenance providers when I could be looking for deals and learning more about what I am trying to achieve? If you don't recommend Latchel would y'all mind dropping or messaging me trade providers that you would recommend in the phoenix area? 

 No this is just a renewal. They have been there for 3 years I believe. 

Hey everyone! 

So I’m in the process of buying my first investment property. It’s a duplex and one side already has renters. When I get a renter for the other side (which already have a few lined up) it will be cash flowing $800/month. 

the current tenants on the other unit have completely destroyed the place. It’s structurally great, but just freakin disgusting in there. They are in violation of their lease due to not keeping up with maintenance and apparently they have two cats which is not allowed. 

So here’s my question: do I take the cash flow from them for the remainder of their lease (11 months) and store that money so I can pay to get the place professionally cleaned and get new appliances when they leave, or do I evict them now and go through that process and risk not having a tenant for a few months and risk them destroying the place even more? 

Thanks in advance for any advice! 

Finally getting into the market phase! Newbie investor who is mostly trying to figure out if I want to invest locally in Phoenix or out of state like Missouri or Kansas (where I grew up so I know the areas well.)