All Forum Posts by: Luka Milicevic

The good thing about Clarksville is there are a ton of options to purchase directly from the MLS. Property values are also a lot less than they are in Nashville.

Don't forget there's also APSU so tons of college renters.

I am planning on attending.

I know of foreclosure.com. never used it so cant really comment. I've always done it the very "manual" way like you have and yes, it's very labor intensive and time consuming. 

Congrats on the success. Keep it up!

I'm going a lot slower, but I'm hoping to get there. Brick by brick.

I was not able to through my last lender. Had to put the property in my name. The lender made me sign a separate form saying that I will never put the property into an LLC as long as I have a loan with them. My insurance costs would have also been higher.

That might just be the lender I was working with. I did speak with a portfolio lender who said I could put the property into my LLC with no issues.

Nashville is just a tough market. 340k is a ton for a duplex, but it looks like that's what a lot of duplexes are going for these days. If you're looking to house hack, I would look to get a single family for 200-250k and rent the upstairs or just one room. If that's something you're interested in. I wouldn't do the duplex personally. It's just too much $ and doesn't come close to the 1% rule. 

Thanks for the response, Gino. Exactly what I was thinking-I would hate to mow a yard that has an obstacle course in the way of my lawnmower.

Thanks for the feedback. To me it's a huge turnoff, but I definitely wanted to get another opinion.

Did some driving for dollars and came across the house below. It looks a lot worse than the picture below. This is probably an older picture from google street view. 

Please bear with me, I'm a newer investor and wanted some advice on this power line in the front yard. That is obviously something that can't be moved with a renovation. 

My question is: How much of a turn off is this pole/wires in the front yard? To me personally; it bothers me a lot, but maybe to renters it wouldn't be a big deal?

I'm an accountant by day, RE investor at night. I have quite a bit of experience in Taxes, mostly individual, but some business and RE as well. 

With 5 properties, how is it that you ended up with a 65 page return? That just seems like a lot. 

I would look into getting a CPA that specializes in taxes and tax planning. In some cases they can save you thousands and it's well worth money, other times filing a more simple return won't be worth the money.